In this lesson, you will learn how to create a subscription plan in Parsimony.com’s subscription management module. A subscription plan is a predetermined set of rules and pricing for the subscription service that you offer to your customers. By setting up a subscription plan, you can automate the billing process and provide a seamless experience to your customers.
To create a subscription plan, first, you need to navigate to the subscription management module and click on the “Create Plan” button. Next, you need to provide a name for your subscription plan and choose the billing interval, such as monthly, quarterly, or yearly. Then, you can set the pricing for the subscription plan, including the cost, tax rate, and any discounts or trial periods that you want to offer.
After you set the pricing, you can specify the plan’s features, such as the number of users or the amount of storage included in the plan. You can also set up custom fields to collect additional information from your customers during the signup process.
Once you have configured all the settings for your subscription plan, you can save it and publish it on your website or app. Your customers can then sign up for the plan and start using your subscription service. You can track the performance of your subscription plans through the subscription management dashboard and make changes to the pricing or features as needed.