In the fast-paced world of e-commerce and subscription-based services, one-size-fits-all pricing just doesn't cut it.
Enter Dynamic Pricing, where flexibility meets innovation. This game-changing feature isn't just a tweak; it's a revolutionary approach to handling subscriptions and transactions. But before we get into the benefits, let's delve into the intricacies of each dynamic pricing option and witness how sass•hapily breathes new life into them.
Unpacking Dynamic Pricing Models
sass•hapily unfolds a variety of dynamic pricing models, each tailored to specific business scenarios. From package pricing to graduated pricing, volume pricing, and metered billing, sass•hapily embraces the diversity of how businesses charge for their services.
| TYPE | WHAT IT DOES | EXAMPLE |
|
Ideal for companies selling products by packages or groups of units. | Charge $25 for every 5 units, rounded up by default. |
|
Also known as "tiered pricing" resulting in different prices for specific units in an order. | Charge $10 per unit for first 100 units and $5 per unit for next 50. |
|
Charges the same price for each unit based on the total number of units sold. | Charge $10 per unit for 50 units and $7 per unit for 100 units. |
|
This is a billing model that creates invoices based on actual usage. | Charge $10 per unit for 50 units and $7 per unit for 100 units |
For a deeper dive into these dynamic pricing models, refer to the Stripe's pricing documentation.
Crafting Your Pricing Dreams
Dynamic pricing in Stripe opens up a realm of possibilities, offering unparalleled flexibility in selling. Whether you choose package pricing, graduated pricing, volume pricing, or metered billing, the choices are vast.
1. Mastering Graduated/Volume Pricing
Our dream is simple: make your Monthly Recurring Revenue (MRR) shine on the first invoice! No more zeros, just a clean and precise subscription creation. sass•hapily seamlessly syncs with HubSpot, ensuring your subscription creation is effortless.
2. Streamlining Metered Billing
Imagine a world where subscriptions are born without invoices, and a special "last invoice amount" field adds an extra layer of simplicity. That's sass•hapily's vision – bringing metered billing to life with ease!
3. Sending out HubSpot Quotes with the Correct Tiered Pricing
Dynamic Pricing ensures accuracy in quotes, empowering sales reps to confidently send quotes with the correct tiered pricing, eliminating uncertainties in complex pricing structures.
4. Syncing Tiered Pricing for Items Purchased
Seamlessly sync tiered pricing for items purchased from your app or website. Dynamic Pricing bridges the gap, allowing for a streamlined and error-free integration of pricing data into HubSpot.
5. Creating a Transaction/Payment Link/Hosted Invoice
Utilize the sass•hapily CRM Card to generate transaction links, payment options, or hosted invoices for purchases using Stripe products with tiered pricing. Dynamic Pricing offers a user-friendly interface to ensure accurate and efficient transactions.
6. Updating the Deal’s Line Items
After rendering a quote or triggering a Workflow Action like "Calculate Dynamic Pricing," Dynamic Pricing ensures that the Deal's line items are promptly updated with the correct tiered pricing. This feature facilitates a smooth transition from quote to finalized deal.
7. Applying Discounts to Quotes with Tiered Pricing
Enhance flexibility by applying discounts to quotes with tiered pricing effortlessly. Dynamic Pricing accommodates discounts while maintaining the integrity of tiered structures, providing a comprehensive solution for businesses.
Every Transaction Counts
Dynamic Pricing ensures the seamless sync of all Stripe-supported pricing models into HubSpot, enabling companies to calculate average usage and generate comprehensive reports. Bid farewell to the frustration of dynamic pricing values showing up as zero – with this feature, unlock the true potential of your pricing strategy.
Dynamic Pricing isn't just a feature; it's a game-changer that unlocks new possibilities for businesses. By addressing the challenges in current pricing models and seamlessly transitioning to the desired state, businesses can elevate their subscription experiences and empower users with a more nuanced understanding of their billing.
Your Business, Your Pricing, Your Way
Embrace the power of Dynamic Pricing and propel your business into a new era of flexibility and efficiency. If dynamic pricing is the spark your business needs, don't just take our word for it – experience it!
Book a demo with us today and let's shape the future of your pricing strategy together.
