Create a product: Internet Subscription

Owned by Igor Krasnykh (Unlicensed)
Last updated: Sept 20, 2021 by Yurii Perevuznyk (Deactivated)
2 min read

This tutorial is geared for a merchant who is selling services and where customers are subscribing for various levels of memberships.

In this example let's imagine a basic scenario of an Internet service provider who is selling plans 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

    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 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

    13. Now, let's connect this product to a Monthly billing frequency (how to set up a billing frequency)
    14. Click on Add New 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)
    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


You can simply extend this product offering to support Annual plans for a different price. Its as simple as adding a new Billing Frequency and Adding a new Recurring Option to both products.