This tutorial is geared for a merchant who is selling services and where customers are subscribing for various levels of memberships and subscription periodperiods
In this example let's imagine a basic scenario of a video streaming service provider who is selling subscriptions to customers. We will be setting up three plans: Basic $4.99/mo ($49.99/year), Standart $7.49/mo ($74.99/year), and Premium $9.99/mo ($99.99/year)
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3. Open previously created product and . Scroll down to the Subscription Options section and open it
Scroll down to the Subscription Options section and open it
Available For: Recurring Purchase Only
Click on the ‘Manage’ button for opening Recurring Options Management
Is Trial Offered (step1): Off (we kept this of off for this basic demonstration)
Start Date(step1): Last Day of the Current Month (since we want to bill people at the end of the month)
Lock Product Price(step1): Off (will allow us to set a custom price for each billing frequency)
Unlock Preset Qty(step1): Off
Billing Frequencies (Step2): Click on Add New button twice and select correspond Billing Frequency (monthly and annual)
Billing Frequencies (Step2): Set the price $4.99 for a month and $49.99 for a year
click Click Next and Save
At this point, the basic configuration of a subscription is donecomplete
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4. Creating "Standart plan” and “Premium plan” products
Repeat the same steps above the the only two differences will be
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b. different prices for Monthly and Annual billing frequency. Instead of 4.99, you will type for Standart $7.49/mo ($74.99/year) and for Premium $9.99/mo ($99.99/year) accordingly
Result:
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