1. Using Launch Experience
  2. Set Up Price Plans with Commitment Period

Set Up Price Plans with Commitment Period

You can set up price plans with commitment terms for atomic offers of type service and bundle offers of type commercial, service, and package.

You begin by creating a price plan for your offer.

The next step is to create a commitment term. To set up commitment terms:

  1. From the Commitment Terms drop-down list, select Add Commitment Term.

  2. On the New Commitment Term page, enter the name, commitment period and unit. The combination of these two fields define the commitment schedule, for example a commitment of 2 years, where the commitment period is 2 and the unit is years.

    Note: Steps 1 and 2 above apply to atomic offers. Steps 1 to 6 apply to bundle offers.

  3. In the Termination section, optionally, enable the Allow termination option.

  4. If you have enabled the early termination option, then you must configure the penalty associated with the termination.

  5. Select the penalty type.

  6. Optionally, add a grace period to the early termination rule. For example, if you configure a grace period of 2 weeks, then the customer won't be charged a penalty till 2 weeks post termination.

  7. Click Add.

After you have set up your commitment term, you can associate it to a price list and use it for your offer.

Here's how you can associate price plans and commitment period for an atomic offer:

  1. Select the ellipsis against the price list with which you want to associate the commitment term.

  2. Click Set Commitment Term.

  3. On the Set Terms for Price List dialog box, search and select the term that you want to associate your price list with.

  4. Click Add. The commitment term now appears on the price list.

  5. Click a specific commitment term to see the price associated to it.

  6. Click the edit icon to modify the term price for a price roll up, as required.

  7. Click Save.

The modified term price now appears for the price list.

Here's how you can associate price plans and commitment period for bundle offers:

  1. Select the ellipsis against the price list.

  2. Click Set Commitment Term.

  3. On the Set Terms for Price List dialog box, search and select the term that you want to associate your price list with.

  4. Click Add. The commitment term now appears on the price list.

  5. Click a specific commitment term to see the price associated to it.

  6. Click View or Edit Alterations to modify the term price for a price roll up, as required.

The modified term price now appears for the price list.