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What are the different pricing schemes for the addons?

While creating an addon, you can choose your preferred pricing scheme from the drop down, that is the way you want to price your customers. The pricing schemes are as follows:

Unit - Addons are priced per unit . So the per unit price of an addon has to be specified.

Example - If a customer wants to buy two addons with a unit pricing scheme that cost $5/addon, the total price for the addon would be $10 (2 * $5).

Volume - In this pricing scheme, the price for an addon is determined by the quantity of addon purchased. Pricing brackets are created to specify prices based on quantity.

Example - You can create different pricing brackets.

If the quantity of addons purchased is between 1-5, each addon costs $5.

If the quantity of addons purchased is between 6-10, each addon costs $3.

If a customer purchases 3 addons, the total cost would be $15 (3 * $5) and If a customer purchases 8 addons, his total cost will be $24 (8 * $3).

Tier - Quantity determines the price of the addons as well. The only difference here is that the total price is the cumulative cost of per unit prices mentioned in the pricing brackets.

Example - Let’s consider the below pricing bracket.

If the quantity of addons purchased is between 1-5, each addon costs $6.

If the quantity of addons purchased is between 6-10, each addon costs $4.

If a customer purchases 7 addons, the total price of the customer will be (5 * $6) + ( 2 * $4) = $38.

Package - A specified quantity of addons can be offered at a fixed price.

Example - The cost of 5 addons (say) can be fixed at $20.

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