Product Pricing Options

Owned by Apostolos Karakaxas
Last updated: Dec 12, 2018

Setting Product Billing Day

By default, the recurring products are billed on the customer's billing day. For changing this, you should set for a product a specific billing day that overrides any billing options the customer might have.

Billing the Overage of a Consumption-Based Product

A metered resource is considered overaged when the usage of this resource has exceeded the quota the product manager defined for this resource in service definition

Enabling Pricing Protection for a Product

By enabling pricing protection for a product, you can establish a period in months where the customer will pay the same price for the service he has purchased without be affected by the pricing changes you may do for your service. Pricing protection can be applied only to recurring products and when an existing subscription is renewed at the end of the pricing protection period (for example, at the end of the initial 12 months), your customer will pay the prevailing price for the following 12 months.

Enabling Free Period for a Product

By enabling the free period for a product, the system will not charge the period between the start date of the subscription and the first billing date. The free period option can be applied only to recurring products.

Setting the Free Period for a Product

By enabling the free period for a product, the system will not charge the period between the start date of the subscription and the first billing date. For enabling this option, you must do the following:

Working with Price Groups

This page explains how a price group is created in order to assign products to it and then relate a price group to a price list.  By this way you can easily manage price lists and discounts. 

Create a Product Volume Discount

Volume discount refers to offering discounted prices to incentivize a customer or a reseller to purchase a product or service at one go. When a customer purchases a product in multiple units or a large enough quantity at once, you may want to reward them by offering a reduced price for each group of products or services purchased. This section guides you in creating, managing and deleting volume discounts to products and product lists.