Configurable bundles allow sellers to package multiple one-time products together. These bundles can be offered as one-time purchases or subscriptions, with the flexibility to set different prices depending on the number of items a customer buys. This setup encourages customers to buy more by offering discounts, enhancing the shopping experience.
Tiers represent the bundle sizes and enable sellers to set different prices based on the number of items a customer purchases. A tier can be a specific number of items or a range. This flexibility allows for customized pricing strategies to accommodate various customer needs and preferences.
There are two main types of pricing modes for configurable bundles, each with different sub-types, resulting in five distinct pricing options. These include overwriting the price per item, overwriting the bundle's price, and offering discounts in three forms: an absolute discount per item, an absolute discount per bundle, or a percentage discount. These options provide sellers with multiple ways to structure their pricing.
Yes, configurable bundles can be sold as both one-time purchases and subscriptions. Offering multiple subscription plans with varied pricing encourages longer-term commitments from customers, which can increase their Lifetime Value (LTV) to your business. This approach allows for greater flexibility in how products are sold and marketed.
Advanced options for configurable bundles include the quantity multiplier, which offers quantity-based discounts. This incentivizes customers to buy more or share the product with friends and family by providing a discount for purchasing larger quantities. These advanced options give sellers additional tools to customize their offerings and encourage larger orders.
Yes, you can set a different limit for each item within every tier. It would work with overwrite one-time products price model.