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Setting Up Products
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Configuration > Finance Applications > Products |
Product Families
Product families are used to group products derived from a common product platform, using similar or identical production processes and having similar physical or behavioural characteristics, for example, decoders or modems.
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Product Categories are used to provide a business classification to products which can be used at a later stage by business for analysis.
Product types
Product Types types define and implement the behaviour of your products. Through the type, a product can be specified as a service or a physical good, whether it will be used for provisioning and whether it can have components of its own. Refer to the table below for a comprehensive description of product type characteristics and the qualities products inherit from their type, depending on selected characteristics.
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Classifications Determines whether products of that type are Physical Goods or Services. | |||
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Values | Definition | Examples | Usage Conditions |
Physical Good | A physical good is a tangible commodity which is provided to customers, such as cameras, decoders and magazines. In most cases, the customer has exclusive ownership of the purchased good. Physical Goods can be traceable or not traceable. | Modem or Remote Control | Unconditional |
Service | A Service is an intangible commodity which is provided to customers, such as telephony, TV channels, repairs, installations and deliveries. In most cases the customer does not have exclusive ownership of the purchased Service rather benefits from the Service's outcome. Services can be one-off or recurring. | TV Channel, VOD, Installation Service (Fee) | Unconditional |
Physical Good Type | |||
Values | Definition | Examples | Usage Conditions |
Traceable | Physical goods that can be traced through a unique identifier which is usually a serial number. | Modem with a serial number | Only available if classification is defined as 'Physical Good'. |
Non-Traceable | Physical goods which are not traced to a single instance and are measured based on their quantity. | Remote Control | Only available if classification is defined as 'Physical Good'. |
Service Type | |||
Values | Definition | Examples | Usage Conditions |
Usage | Services that are provided upon customer request and are billed, based on their usage. | A VOD (Movie) ordered and added on a subscription that will be billed once. A telephone call logged on a subscription with a duration of 10 minutes that will be billed based on its usage. | Only available if classification is defined as 'Service'. |
Termed | Services that are provided continuously and billed on a recurring basis, regardless of their usage. | A TV Channel that will be added to a subscription and will be billed on a recurring basis. | Only available if classification is defined as 'Service'. |
One Time | Services that are provided just once, usually upon customer request, and are billed just once by the Billing Engine based on their duration. | An installation service which will be added to an activity and will be billed according to how long it took the installed to complete. | Only available if classification is defined as 'Service'. |
Expense | Services that are provided and billed just once and for a fixed amount of money. | An installation fee which can be added to a job or a subscription and will be billed once for a fixed amount. | Only available if classification is defined as 'service'. |
Composition Method Determines the composition of the Product, which can be a flat, a flexible bundle product or a fixed bundle product. | |||
Values | Definition | Examples | Usage Conditions |
Flat | Single Service or Physical Good. | Single channel, installation service, modem. | Unconditional |
Flexible Bundle | A bundle of Products with one or more Product components. | A channel bouquet that allows customers to select the channels they want to add to their bouquet. | Only available if classification is defined as 'service' and type is set to 'termed'. |
Fixed Bundle | A bundle of Product components which are predefined and cannot be specified individually. | A channel bouquet with predefined channels. An installation hardware kid that includes all equipment required to set up a new triple play subscription. i.e. a Roku box and a Modem. | Available if classification is defined as 'service' and type is 'termed' or classification is 'physical good.' |
Can be Provisioned | |||
Values | Definition | Examples | Usage Conditions |
Enabled | Products of that type are used for provisioning purposes by third-party providers who are integrated with the CRM.COM Software. | TV channel, VOD, PPV, Decoder, Modem | Unconditional |
Disabled | Products of this type are not used for provisioning | Antenna, Start up fee | Unconditional |
UDR Type | |||
Values | Definition | Examples | Usage Conditions |
All the available values of UDR types | Determines the type of the UDR that will be created once a usage service of this type is provided. | VOD, PETROLPetrol, PHONECALLPhonecall | Available if classification is defined as 'service' and type is 'usage' |
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Main Information | Available for products of classification | |
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Code: A unique code used to identify the product across the system Type: The type of the product will determine its overall behaviour. Once type is selected, the characteristics tab is populated with information related to the characteristics that will be inherited by the selected Product Type. Click on ' Create New Product Type' to create a new one directly through the product's screen. Brand & Family: Add brand and family to products to categorise them accordingly. Alternative Code: Provide an alternative code which can be used as an alternative to identifying the product across the system. Description: Use the description field to provide a marketing description for your product which can differ from the code. | All | |
Product Performance | By clicking CALCULATE , view valuable financial information related to the sales of the product in the last 12 months
| Termed Services & Physical Goods |
Type Characteristics | The characteristics of the product based on the selected type. | All |
Categories | The categories that the product is part of based on specific shared attributes. | All |
Product Validity | Defines the period for which the product is available to be used for new business transactions and which can be always, for a user defined period or from a date onward. | All |
Components Available only if the selected Type has a composition set to Flexible or Fixed Bundle. | ||
Bundle Components | For Flexible Bundle product type: Define products or product types and/or families from which products can be selected to be added to the bundle by the user on adding the bundle to a subscription. Refer to Setting up Flexible Product Bundles
For Fixed Bundle product type: Define products that are added when the bundle is added to either a subscription or job. Refer to Allowed Components for Fixed Product Bundles. Quantity: Provide the quantity of the product added to the fixed bundle. (Available for Fixed Bundles only.) | Termed services and physical goods |
Bundle Restrictions | Only available for products of Flexible Bundle type Define restrictions on the number of different families or types of the components of the product source; Use Products from only X Product Families: Specify the number of families that can be used. For example, if this is set to 1, then all the products that can be selected as components must belong to the same product family. Use Products from only X Product Types: Specify the number of types that can be used. For example, if this is set to 1, then all the products that can be selected as components must belong to the same product type. | Termed services and physical goods |
Pricing and Billing | ||
Tax Rates | The tax and VAT rates applicable for the product which will be used during billing, to decide which one to apply based on pre-configured rules location rules. Refer to Platform for more information | All |
Billing Term Schemes | Billing terms are directly related to subscriptions and provide information on how a product added to a subscription should be billed, for example, before or after its usage. Through this section you can see the billing term schemes that already include the specific product and add the product to the ones that don't include it. Refer to Subscriptions for more information. | Termed services and expenses |
Subscription Types | Subscription types define your subscription offerings, thus once products are created they must be added to the subscription type. Through this section you can see the types that the product already belongs to and add to the ones that it doesn't. If you add to a subscription type, that includes billing term schemes that do not have the product, then those billing term schemes will be automatically added. | Termed services, expenses and physical goods |
Price Plans | Through price plans you provide the rates with which the product is billed. Through this section you can see all the price plans the product is included and add it to ones that is not included along with information required by the price plan such as the rate model the rate and whether the defined rate should be applied to product of it is a component of a product bundle. | All product classification except usage services |
Usage Service Catalogs | Usage service catalogs include information and rates for usage service products. Through this section you can see all the usage service catalogs the usage service is included. | Usage services |
Discounts | The additive discounts are used to apply discounts to products after any discounts applied through price plans or usage service catalogs. Through this section you can see the additive discounts applicable to the product (i.e. the discounts that have the products in its Discounted Products section) for the current period, add to new discounts that it doesn't already belong to or create new discounts through which the product will be discounted. | All |
Providers | Providers are third party systems which CRM integrates with and are needed in case that a product must be provisioned through them, i.e. a roku box or a tv channel. Through this section you can see the providers the product already is provisioned for and add it to ones that it is not yet provisioned along with a unique id used by the provider to identify the product. | Termed services and Physical goods |
Job Types | The job types provide the overall behaviour of jobs. Products added to the job type can be sold or given through jobs of that type. Through this section you can see the jobs that include the product and add it to the ones that is not and define whether it is mandatory to add the product to jobs of the type or not by selecting the applicable classification. | Expenses and physical goods |
Activity Types | Activity types provide the overall behaviour of activities. One time services added to the activity type can be used by activities of that type. Through this section you can see all activity types that already include the product and add it to the ones that don't along with the minimum time allowed to be spent for delivering the service whether the time can be changed or is fixed and well as whether it is optional or mandatory to add this service to activities of this type. | One off |
Stock Balance | ||
View the stock balance of the product across all the warehouses along with analytic view of stock per warehouse. If the product is also a part of a product bundle then the number of bundles it belongs to are also available. | Physical goods | |
Images & Attachments | ||
Product Image: You can add up to 4 images for the product and define one as a default along with a product alt text available in case the image is not shown. Files & URL: The attachments associated with the Product. | All |
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Scenario 1. Company ZX has introduced a new series of products through its new Streaming TV campaign. Subscribers require to have a streaming device which is offered by Company ZX, for streaming content. Subscribers that wish to switch to streaming will be charged with a switch fee and if they require installation an extra charge is imposed . Solution Assuming that you already have set up in the system your subscription type, billing term schemes, price plans, disoucnts, provisioning provider you can proceed with directly creating your new products. Products
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Glossary
CRM.COM Term | Definition |
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Job | Small project initiated by the operator for customers, involving the delivery and billing of services and products, as well as activities. Customer requests and orders, such as that for a new subscription, can be initiated and registered through a job. |
Subscription | A collection of services which is provided to customers and billed on a recurring, usage or One-Time basis. |
Activity | Small task or action that is either stand-alone or must be completed as part of a larger project. |
Communication | Used to log bidirectional interaction between customers and agents conducted through email, SMS, telephony, letters or face to face interaction. |
Provisioning Distributor | Distributors are used to relate subscription services and subscription associated devices to a specific Provisioning Provider as well as define what services will be available from each device, if more than one device is available on a single subscription. CRM.COM offers integration with several providers. |
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