Recurring vs One Time pricing in the Sales and Order Management

bmedic
Tera Contributor

Hi all,

Build name: Xanadu
Build date: 10-03-2024_2059

 

I am creating Recurring and One-time pricing for a product offering. 

 

Imagine you have a particular product offering that has both Recurring and One-time pricing, as an example:

Recurring price: 20$ (over the next 24 months)

One-time price: 200$

 

I am using Price Lists and Price List Lines. I have configured both for a particular product offering but can only configure i.e. recurring pricing (since my product offering is set as a Pricing method: Recurring, and Periodicity: Monthly). But would like to have both Recurring and One-time pricing configured for that particular product offering, so how do we achieve this?

 

Also, once I have configured recurring pricing as mentioned above, I would like to have a Characteristic adjustment which would add 100$ one-time charge (installation fee as an example). I am not able to do that since when creating Characteristic adjustment, it only adds recurring (since the parent product offering is set to be recurring, as mentioned above)

 

Any help would be much appreciated.

Thanks all in advance

3 ACCEPTED SOLUTIONS

Kenta Koizumi
Kilo Sage
Kilo Sage

@bmedic 

I have the same issue and it is not able to set both of pricing rule to one product offering now. 

My workaround is use bundle offer. 

Product Offering A has recurring price and Product Offering B has one-time price. Then you can prepare Bundle Product Offering C and it has 2 child product offerings A and B. 

For this pattern, you can use Attribute Adjustment for each others. 

 

Kind regards,

Kenta

View solution in original post

@bmedic 

Currently we support only 1 type of pricing (either recurring or one-time) on a product offer. As @Kenta Koizumi has suggested, you can create another product offer with a one-time price and bundle both products together. We are evaluating supporting multiple price types on 1 product offer on our roadmap.

View solution in original post

RanjaniR
ServiceNow Employee
ServiceNow Employee

@bmedic Definitely will keep the multiple price types under evaluation. 

You can try the Standard Pricing Adjustment matrix for quantity based adjustments (with quantity as a range)

View solution in original post

4 REPLIES 4

Kenta Koizumi
Kilo Sage
Kilo Sage

@bmedic 

I have the same issue and it is not able to set both of pricing rule to one product offering now. 

My workaround is use bundle offer. 

Product Offering A has recurring price and Product Offering B has one-time price. Then you can prepare Bundle Product Offering C and it has 2 child product offerings A and B. 

For this pattern, you can use Attribute Adjustment for each others. 

 

Kind regards,

Kenta

@bmedic 

Currently we support only 1 type of pricing (either recurring or one-time) on a product offer. As @Kenta Koizumi has suggested, you can create another product offer with a one-time price and bundle both products together. We are evaluating supporting multiple price types on 1 product offer on our roadmap.

bmedic
Tera Contributor

Thanks for the reply. I understand the procedure (and hope you accept multiple pricing options for one product offer).

Could you help me with another question? Is there any support for the Quantity price adjustments? 

For example, buying 10 mobile phones would give you a 10% discount, but buying 50 would give you a 15% discount. (was planning to create Quantity characteristics, and then apply attribute adjustment, but was wondering if there is any OOB support for that?)

Thanks in advance!

RanjaniR
ServiceNow Employee
ServiceNow Employee

@bmedic Definitely will keep the multiple price types under evaluation. 

You can try the Standard Pricing Adjustment matrix for quantity based adjustments (with quantity as a range)