In this guide, we’ll show you how to create a pricing structure that starts with an annual subscription and then automatically transitions to a monthly subscription after the first year.
Here’s a simple way to set your prices without needing special tools or setups.
Pricing Structure if you Don’t Charge tax on the Checkout
To set your prices, just follow the pricing structure shown in the screenshot below, and you’ll be all set.
Here’s an easy way to set it up:
- 1. Create a monthly subscription.
- 2. Add a setup fee and clearly name it to show it covers the whole year.
- 3. Offer a free trial for 365 days. This will prevent the monthly subscription from starting during this period.
- 4. Allow the setup fee to be charged during the free trial. This will act like a yearly plan.
When a customer checks out this product, it will appear like this:
It will be clear to the customer that they will be charged $197 now, and then $10 every month starting in 365 days (1 year).
We hope this article was helpful. If you have any questions, please feel free to reach out to our support team.
