New Feature : Limited Time Coupon
Greetings from Zoho Subscriptions team.
We are happy to announce that we have released one of the most requested feature:
Limited Time Coupon.
Earlier, a coupon can have
redemption type
as either
one time
or
forever
. Adding to this list, here we have a new redemption type -
Limited number of times
Limited Time Coupon is a coupon which will be applied to a subscription only for a predefined number of times and once the specified limit reaches, it will be automatically removed from the subscription.
The number of times this coupon has to be applied to a subscription should be entered at the time of creation of the coupon.
Let us look into this with some scenarios.
Coupon Name : Early Bird Coupon.
Coupon Code : EB3OFF
Discount : 20%
Redemption Type : Limited Number Of Times
Number Of Times : 3
List Of Plans :
Plan 1 :
Plan Name : Economy Plan (Monthly)
Price : 100 USD
Plan 2 :
Plan Name : Trial Plan (Monthly)
Price : 100 USD
Trial Days : 10 days
Scenario One
:
(Live subscription Creation with coupon)
Assume a subscription with
Economy Plan
being created
on 30th June, 2017
having the coupon
Early Bird
associated with it.
An invoice will be generated immediately on
the same date
for an amount of
80 USD
(20% discount gets applied).
On First Renewal (
30th July, 2017
),
Invoice Amount :
80 USD
. (
20% discount gets applied
)
On Second Renewal (
30th August, 2017
), Invoice Amount :
80 USD
(
20% discount gets applied
)
From third Renewal (i.e., on
30th September, 2017
) invoice amount will be
100 USD
. As the coupon has been already been applied 3 times for the subscription
’
s invoices, it
would have been removed.
Scenario Two
:
(Trial subscription Creation with coupon)
Assume a subscription with
Trail
Plan
being created
on 30th June, 2017
having the coupon
Early Bird
associated with it.
Once the trial gets
over, an
invoice will be generated on 10th July, 2017
for an amount of
80 USD
(20% discount gets applied).
On First Renewal (
10th August, 2017
),
Invoice Amount :
80 USD
. (
20% discount gets applied
)
On Second Renewal (
10th September, 2017
), Invoice Amount :
80 USD
(
20% discount gets applied
)
From third Renewal (i.e., on
10th October, 2017
) invoice amount will be
100 USD
. As the coupon has been already been applied 3 times for the subscription
’
s invoices, it
would have been removed.
(P.S : When the
Early Bird coupon is associated with a
Future subscription, the workflow will be similar to the scenario 2 mentioned above)
Scenario Three
:
(Back dated subscription Creation with coupon)
If the subscription is created with start date as a Backdated date, the Early Bird coupon will be applied for the invoices generated from next renewals. It will also have the same workflow as first two scenarios.
Scenario Four
:
(Coupon being applied to existing subscription)
If the
Early Bird
coupon is associated to an existing subscription (with Economy Plan), the coupon will be applied to the invoice generated from the next renewal of the subscription. It will continue to apply till the allowed number of times reaches.
Scenario Five
:
(Subscription Upgrade/Downgrade)
When any subscription having the
Early Bird
Coupon is upgraded/downgraded, an invoice will be generated with the coupon being applied to it. (It will be considered as a redemption for a subscription).
So to
summarize, the
limited number of times
coupon will be applied to all the invoices created(either on Renewal/Upgrade/Downgrade) for the subscription to which it was associated. P.S: When you manually
add a charge
to the subscription, this coupon won’t be applied.
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Ks Krishnakanth
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