Dynamic Billing

Define your own creative pricing models with ease

Get The Most Out of Your Unique Business Model

There are times when pricing your products can be as straight forward as setting a flat monthly price or billing base on the usage. Other times you might like to be a bit more creative and charge based on a combination of factors or with formulas. This method of dynamic pricing is able to apply mathematical or logical operators or functions to get the most out of your products.

Don’t Settle for Basic Pricing Options

If you offer complex products or services that fluctuate by time of day, date or demand, dynamic pricing is for you.

Flexibility

Design and deploy variations of existing pricing models to test which new pricing strategy works for your business

Creativity

When you design your pricing effectively, customers receive additional value while spending more on your products

Profitability

Boost your profits by pricing products based on demand and when willingness to pay may change daily

Getting The Most Value from Your Products

Pricing is the most powerful lever for driving or destroying the operating margins of a company. With the most effective pricing strategies and tactics in place, you can increase your return on sales if done right.

  • Easily set and change the price of your products
  • Price your products to reflect cost plus value
  • Don’t alienate your customers by charging more than what’s fair

Complete Billing Flexibility for Every Customer

BillingPlatform offers the ability to mix and match pricing strategies to create the best outcome for your specific business and customer type. Whether you price by one-time charges, usage, tiered, subscription, overages, minimum commitments, or any other creative method, we have you covered.

Deliver Creative Pricing Strategies to Grow Your Bottom Line

BillingPlatform knows no two businesses are exactly alike, that’s why we give you the tools to design and deliver the pricing strategies to fit your business.

Formula-based pricing

Calculates 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.

Time-based

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.

Demand-based

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.

Don’t Leave Revenue on The Table

If you deliver products or services where demand and willingness to pay change daily, dynamic pricing from BillingPlatform will bring greater revenues and gross profits than one-time pricing or offering simple subscriptions.

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