Plans
Plans are where you define the pricing structure for your product depending on the pricing model and currency for a respective billing cycle.
How to create a New Plan:
Navigate to Subscription and Recurring Billing Management app --> Products --> Plans --> Click on ‘New’ button.
Enter necessary details in the required fields --> Click on Save.
Name: Give appropriate name to the plan or it is auto populated with the combination of Product Name + Interval + Bill Every + Pricing Model.
Product: The product for which the plan is being created.
Currency: The currency in which the price needs to be defined.
Pricing Model: This field defines the pricing model based on which the pricing for the product shall be applied. It provides the following options –
Flat Fee: Price charged irrespective of number of users. For example; 199$ for 1 month subscription.
Per Unit: Price charged for per unit. For example; If 5$ for 1 user, then for 10 users it will be – 10 x 5$ = 50$.
Tiered: Per unit price charged on the basis of different tiers. For example; Price for tier of (1 – 10) users is 2$ and tier of (11 – 20) is 1$. Then for 15 users the cost will be – (10 x 2$) +(5 x 1$) = 25.
Volume: Price charged on the basis of volume. For example; Price range for (1 – 10) users is 2$ and (11 – 20) is 1$. Then for 15 users the cost will be – 15 x 1$ = 15.
Stairstep: Price charged based on different brackets. For example; Price bracket for (1 – 10) users is 20$ and (11 – 20) is 30$. Then for 15 users the cost will be – 30$.
Billing Unit: This field defines the period for which bills will be generated – Day, Week, Month, Year. Select any of these options.
Price Per Billing Unit: This field appears when ‘Per Unit’ pricing model is selected. It is used to define the product pricing for per unit.
The Details section defines the pricing ranges for Tiered, Volume and Stairstep pricing model. Here, additional pricing ranges or new plan details can be added as and when needed.
To add a pricing range where you want to define the pricing for when the user count is greater than 500, you need to set the Starting Range as 501 and then set the Ending Range to a very larger number such as 999999 as shown below:
How to add New Plan Details:
Navigate to Subscription and Recurring Billing Management app --> Products --> Plans --> Select a plan or you can directly navigate to Subscription and Recurring Billing Management app --> Plans --> Select a plan.
Click on the button ‘New Plan Details’.
Enter the details in required fields --> Click on Save.
Name: Name the plan detail. For example, 1 - 20.
Starting Range: Define the starting range of the plan.
Ending Range: Define the ending range.
Price per Billing period: Define the price for the particular range.
Plan: This field is pre-populated with the Plan to which this plan detail is associated.
Note: Plan Details grid on Plan is an editable grid.
For further queries, reach out to us at crm@inogic.com
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