Matrix pricing
A pricing strategy where the cost of a product or service is dependent on multiple dimensions.
In Zenskar, matrix pricing is a pricing strategy where the cost of a product or service is dependent on multiple dimensions. Region-based pricing is an example of matrix pricing: usage being the first dimension whereas the region of usage is the second dimension. Similarly, Zenskar also uses two dimensions: usage being the first dimension and a user-defined second dimension
How to add a product based on matrix pricing in Zenskar
Important
Refer the products documentation to learn more about the concept of products in Zenskar.
Step 1: Create a product based on matrix pricing
- Navigate to Contracts > Products, and click on the ADD PRODUCT button.
- Select the Matrix Pricing from the drop-down.
- Select or deselect Metered:
- If the service or product is metered, select the appropriate usage aggregate from the drop-down.
- If the service or product is not metered, enter the quantity.
- Fill in all other details, and select all the desired features.
- Save the product.
Example: metered product
Details:
- The world-famous RO water purifiers are being sold every month.
- Shipping charges depend on:
- the number of RO water purifiers sold (first dimension):
- the destination of shipment (second dimension)
Destination | Price (USD per unit) |
---|---|
Domestic up to 500 miles | 10 |
Domestic beyond 500 miles | 12 |
International | 55 |
- We are keeping track of the number of RO water purifiers sold in a given billing period using the
RO Water Purifiers
aggregate (metered product).
Updated 18 days ago