Quantity Based Model

Charge your customers based on the quantity they purchase

Introduction

A one-time charge is a payment against the goods or services sold once and it is unlikely to occur again.

Muvi Billing is a subscription billing system that can be used for managing one-time payments on-demand or automated. Muvi Billing uses multiple payment modes, settlements streams, taxes, and much more.

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Highlights

    • Determine Your Value Metric
    • Configure Your Quantity-based Pricing Model
    • Automate Billing Workflows
    • Multiple Payment Options
    • Analyze Billing Performance

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Determine Your Value Metric

Determine Your Value Metric

The value metric aligns with the value your customer gets from your product or service. Some common value metrics are - Users: As the number of users increases so does the cost. This is the most common value metric used by companies today. Data: The value increases for the customer based on the amount of data they consume. Events: Like API calls, Notifications, tasks, phone calls, etc.

Determine your value metric

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Configure your quantity-based pricing model

Configure Your Quantity-based Pricing Model

With Muvi Billing you can configure multiple pricing models, a few of those are: 

  • Tiered Pricing
      • It is a kind of bundled pricing, where the per-unit price is decided based on the corresponding pricing tier.
      • For example, an e-book subscription company charges $10 for the first 10 books and $0.8 for each book after the first 10.
  • Volume Pricing
      • If Volume is more than x then price/unit decreases correspondingly. 
      • For example, an online retailer charges $10 for one t-shirt. If a customer is willing to purchase more than 20, then the cost becomes $9.
  • Stairstep Pricing
      • The highest price package is created with no limits on your offering at a fixed cost. Other packages are created with limited offerings.
      • For example, a media and publishing company offers to read: 1-10 articles at $50; 11-20 at $100 and 21+ articles at $150. Regardless of whether a customer reads 25, 50, or 100 articles, they will pay $150.

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Automate your billing workflows

Automate Your Billing Workflows

To reap the benefits of quantity-based billing, you need to automate workflows, including payment collection, invoicing, and revenue recognition, based on the individual customers. Muvi Billing helps you improve billing accuracy and increase billing efficiency across the board by converting your manual processes into automated workflows.

Automate your billing workflows

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Multiple Payment options

Multiple Payment Options

Multiple Payment Options

While running a subscription business it is important that you offer multiple payment options for your customers to choose from. Muvi Billing offers 17+ payment gateways that allow you to accept payments with credit cards, debit cards, ACH, carrier billing, digital wallets from anywhere in the world. You can also integrate your preferred payment gateway or even integrate your own, out-of-the-box and accept payments in local currencies across the world.

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Analyze billing performance

Analyze Billing Performance

Quantity-based billing is complex and revenue streams can be unpredictable sometimes. Analyzing billing performance is important to correct any issues which may hinder your growth later. Muvi Billing offers you a birds-eye view of important metrics like Average Revenue Per customer, Lifetime Value, revenue for specific regions, customer segments, and payment gateways, etc

Analyze billing performance

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