| Excerpt | ||
|---|---|---|
| ||
Understand the usage of Buy in Advance within CRM.COM |
What does this section cover?
| Table of Contents | ||
|---|---|---|
|
What are Buy in Advance?
Buy in Advance feature provides subscribers the option to be billed for a longer period of time than their contracted billing frequency, in exchange to getting a discounted price.
Buy in Advance Glossary
| Term | Description |
|---|---|
| Normal Billing | Normal billing is a billing mechanism which is used in cases where customers start using the services that were subscribed to or delivered to them, and by the end of their billing frequency period they are charged for those services. |
| Price Plan | A set of price plan rates used to bill an account receivable based on the transactions that were performed on behalf of the account receivable owner |
| Auto Applied Discounts | Auto apply discounts are used to automatically provide discounts, on top of any agreed price plan offers, based on conditions related with the customer’s account receivable, but also what the customer has ordered or subscribed to. |
| Ad Hoc Discounts | Ad hoc discounts are used to provide discounts on an ad hoc basis, following some predefined business rules and restrictions |
Buy in Advance Key Processes and
ConceptsConcepts
| Processes / Concept | Description | Buy in Advance Requests |
|---|---|---|
Buy in Advance Network Characteristics
Network Characteristics define the level of access for each record. i.e. Whether it will be available for selection, for viewing or editing etc.
| Entity | Network Characteristics |
|---|---|
| Buy in Advance Definitions | Global Viewing Entities |
| Buy in Advance Requests | Implicit Viewing Access Entities |
Buy in Advance Related Modules
| Interaction Entity | How |
|---|---|
| Rated Billing Items | Buy in Advance is captured and included on the Rated Billing Item |
| Additive Discounts | Define the discounted price, via Additive Discounts, based on the Buy in Advance period |
| Subscriptions | Request Buy in Advance for a subscription |
Buy in Advance - Business Examples
The following section provides business examples to help you understand how CRM.COM Buy in Advance module is used.
Annual Buy in Advance Offer
| Panel | ||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ||||||||||||||||||||||||||||||||||||||
Business Requirement Aluxsat Co. as part of its Winback strategy, offers 3 months free to customers willing to be billed for a whole year up front. The offer is only available to customers that are subscribed to Subscription Type: Gold CRM.COM solution
Result: The system will bill the subscription for a year, giving the 3 first months for free. | ||||||||||||||||||||||||||||||||||||||
| Panel | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ||||||||||||
Related Areas
|
| Panel | ||||||
|---|---|---|---|---|---|---|
| ||||||
Popular Labels
|