Set and change the price of your products with ease
Price your products to reflect cost plus value
Caution! Don’t charge more than what’s fair
Calculate the price for a product based on a formula that can take multiple conditions or attributes into account, using the same concepts as formulas in Excel.
Examples: pricing based on physical dimensions such as length and width or pricing based on distance traveled plus time of use.
This model uses effective dates and/or times of day the service is used to determine the rate to charge.
Examples: charge based on time of day – charge more during rush hour than using the service mid-day or pay more for streaming service from 8:00 pm – 10:00 pm than during other times during the day.
Also referred to as surge pricing, this model allows the price to fluctuate based on customer demand.
Examples: charge more for an airline ticket 3 days in advance of take-off or charge more for a parking spot as availability declines.
Event-based billing allows businesses to automatically send invoices in response to specific events that are defined based on usage or other related account or product changes.
Segregate like usage charges into separate, smaller invoices that can be routed to different payers in real time to create a more continuous flow of revenue.
Example: bill based on acceptance of a project, delivery of a specified number of widgets or percent completion.
Subscription-based, usage-based, tiered, freemium, flat-rate, fixed-price, bundled, feature-based, release-based, hybrid, and more. One thing you can...Read More