Product Bundles Overview
Overview
Product types can either be set to Regular or Bundle. Regular products are 1:1 with a rate plan in your billing system. Bundles can be a collection of rate plans or a single rate plan with a custom price and discount.
Common Bundle Use Cases
Rate Plan and Discount
Most billing systems offer the concept of a rate plan charge and a discount charge. These are separate charges and they can be added to a bundle to ensure the discount is applied when the subscription is created in the billing system.
Two or More Rate Plans
Some companies offer their customers a product that contains a one time charge, a recurring monthly or annual charge, and a usage charge. All of these charges can be bundled into one product offering displayed in peak and all of the charges will be added to the subscription in the billing system accordingly.
A Trial that Auto Converts
Some companies may offer a trial to their customers for a one-time discounted charge that will auto-convert to the full-priced recurring plan after the trial period is over and the service activation for the recurring product is met. Both a trial one-time product and a regular recurring product can be bundled into one in Peak. By using the Use Portal Price feature, the trial products can be made to only display the cost of the trial, and to hide the cost of the recurring charge as it is not due upon checkout.