What is a Price Plan?

The price plan is a specific flavor/variant of a product being sold. The price plan contains one or more charges that are associated with the product which the end subscriber…

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The price plan is a specific flavor/variant of a product being sold. The price plan contains one or more charges that are associated with the product which the end subscriber pays upon the purchase of the product.  Each price plan can be defined as one or more charges and optionally one or more promotions like 10% off. Price plans determine how frequently the subscriber gets charged for his subscriptions.

Every product defined in the system should have at least one Price plan associated with it. There is no limit on the number of Price plans that is associated with a product. Price plan determines the way a subscriber is charged with configurations like how much charge, application frequency, discounts etc. A price plan can be added to a product at the time of product creation or at a later point in time by editing the product.

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