Pricing models refer to the strategies and methods that you can use to determine the price of products and services. There are various pricing models, each suited to different business goals, and customer segments.

Here are described the supported pricing models and where they can be configured:

One Shot

This is the basic pricing model: the product being sold has a fixed price that must be paid once to obtain the product.

This pricing model is suitable for the purchase of physical products, such as spare parts and consumables. But even in these cases, depending on the customer's needs, you can consider offering a subscription to enable a recurring purchase (e.g. a new ink cartridge is ordered every month).

Subscription

This model involves charging customers a recurring fee at regular intervals (e.g. monthly or annually) to access a service (e.g. Service Level) or get a product (e.g. Consumable).

The main information describing a Subscription is, in addition to what is being subscribed, the recurring price and the recurrence period.

It is also possible to specify a trial period, and a setup fee.