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In this example let's imagine a basic scenario of an Internet service provider who is selling plans for to Residential customers. We will be setting up two plans: Basic $49.99/mo and Ultimate $79.99/mo

Step-by-step guide

There are multiple ways to go about this, but we will focus on a basic setup with two different virtual products.

1. Creating "Basic Plan" product
   
   1. Product Name:Basic Internet Plan
   2. SKU: IP01
   3. Price: $69.99 (original price)
   4. Click on Advanced Inventory link
      1. Change Manage Stock to "No"
      2. Click Done
   5. At this point our basic product setup is complete
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   6. Scroll down to Subscription Options section and open it
   7. Available For: Recurring Purchase Only
   8. Is Trial Offered: Off (we kept this of dor for this basic demonstration)
   9. Start Date: Last Day of the Current Month (since we want to bill people at the end of the month)
   10. Lock Product Price: Off (will allow us to set a custom price for each billing frequency)
   11. Unlock Preset Qty: Off 
   12. At this point basic configuration of a subscription is done
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   13. Now, let's connect this product to a Monthly billing frequency (how to set up a billing frequency)
   14. Click on Add Recurring OptionNew button
       1. Select "Monthly" in the Billing Frequency drop down
       2. Set the Price to "49.99"
       3. Set the Initial Fee to "20.00" (since we want to charge $20.00 for the account creation and modem installation)
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   15. Click Save to save the product
2. Creating "Ultimate Plan" product
   
   1. Repeat the same steps above the the only two differences will be:
      1. a different product name, SKU
      2. different price for a Monthly billing frequency. Instead of 49.99, you will type in 79.99

Result

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