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Business · TERM

Retainer

also called monthly retainer

Meaning

A recurring fee for ongoing access, capacity or defined recurring work.

Base Meaning

A monthly agreement instead of one-off projects.

In the BWH map, Retainer lives under Business — Pricing. The working definition is simple: a recurring fee for ongoing access, capacity or defined recurring work.

It is a label with a settled working definition, so the value is in using it the same way every time. Keep it that plain and it will still be true in twelve months.

Retainer comes up in commercial decisions, pricing conversations and how the business runs. It normally appears alongside Pricing Model and Scope. The practical test is whether everyone in the room means the same thing by it.

Getting Retainer wrong is expensive in a quiet way. When it is unclear, margin leaks in places nobody is looking. Clarity here removes a surprising amount of downstream argument.

Explain It Like I'm Five

Picture a word everyone in the room has agreed to use the same way. A monthly agreement instead of one-off projects.

How the meaning shifts depending on who is using it, and where.

INDUSTRY

Professionally, Retainer carries the narrow meaning: a recurring fee for ongoing access, capacity or defined recurring work.

PLAIN

Explained to someone with no marketing background, Retainer is a monthly agreement instead of one-off projects.

Keep Retainer plain: a monthly agreement instead of one-off projects. That is the version that holds up in a real project.

#Business#Pricing#Term#Pricing Model#Scope