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Variant Pricing allows you to configure different prices for various user segments, making it a powerful tool to optimize pricing at a segment level while maximizing conversion and revenue. This feature enables businesses to manage multiple price variations of a product or service based on variables such as geography, acquisition channel (e.g., website or email), product attributes (e.g., t-shirt size), partners, and moreāall within a single item (plan, addon, or charge) in the Product Catalog.
By leveraging Variant Pricing, you can:
Price Variants help you create variations of the same plan or addon for the same currency and billing frequency combinations. It is a unique identifier that helps you differentiate Price Points with the same billing currency and frequency. A single price variant can be attached to Price Points across multiple plans, addons, or charges. Attach Price Variants to Plans, Addons, and Charges in Chargebee.
Examples
Let's look at an example to better understand how variant pricing can be used.
A SaaS company offers two plans - Standard and Premium. Due to market conditions, the company offers the plans at a different price for the same currency and frequency based on the geography of their customer.
Plan Name |
Price Points |
|||
---|---|---|---|---|
Standard |
Currency |
Frequency |
Price Variant |
Price |
USD |
Monthly |
USA |
$100 |
|
USD |
Monthly |
Australia |
$110 |
|
USD |
Monthly |
India |
$90 |
Plan Name |
Price Points |
|||
---|---|---|---|---|
Premium |
Currency |
Frequency |
Price Variant |
Price |
USD |
Monthly |
USA |
$200 |
|
USD |
Monthly |
Australia |
$210 |
|
USD |
Monthly |
India |
$190 |
The following are the limitations of variant pricing:
To configure Variant Pricing on your Chargebee site, follow these steps.