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Prices 101 - What You Need to Understand about Prices in Simplero

Video (7 MB) HD Video (13 MB) Audio (3 MB)

Set Pricing

1. Open Product

2. Select the Prices Tab

3. A simple price will show, this is the price you entered when creating the product. You can edit by selecting the red "edit" Link within the simple price box.

4. To add a new price or payment plan select the White "Add a List Price" Button on the left hand side. 

5. Complete each of the fields

1. Name- What the customer will view the price name as. Such as Early Bird or Payment Plan.

2. Type of Price:

Purchase: Gives them forever access to the product once they have paid the full cost of the product. (If they default on a payment plan their access will be canceled until they bring their plan current.)  

3. Amount- How much the person will pay upon purchase.

4. Number of Installments (This is used for payment plans on a purchase) - Type the number of payments you want them to make. Once you have put in a number of 1 or more hit enter and 2 more boxes will pop up for you to set-up your payment plan.

 4a. Select the monthly payment amount after the initial purchase.

4b. Select the period of time between payments. 

With installments your order form will tell them they total amount they are paying over how many payments. When they select it it will give them a break down of the payment schedule. 

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Subscription: Gives them access for a limited period of time for each payment they make. 

3. Amount- How much the person will pay upon purchase.

4. How long that payment will give them access to the product. 

5. If you want them them to have a trial period you will fill in this amount of time.

6. Subscription Settings- Here you can select their renewing options and if you want them to have to commit to a specific amount of time. Such as a 1 year commitment. 

6. Payment Processor Options: We set these up when we set up your settings. Choosing the default "unrestricted" allows all your selected payment processors to be avail to your purchaser. 

7. Select the blue "create price" Button.

 

Duplicating a price

1. Open Product

2. Select the Prices Tab

3. Locate the price you want to duplicate 

4. select the duplicate button

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Skip to Editing a Price
Switching Payment Processor Mid-Stream