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ASK4Domains :: Telescopic Pricing for Customers
12-03-2010

In the coming months we will be introducing Telescopic Pricing; a feature that allows you to incentivize Customers to purchase Products for multiple years. This feature will be available to both you and your Resellers.

With the current set up, your Customers are charged the same amount regardless of the number of years the Product is purchased for. Using this feature, you will be able to set a different price based on the number of years the Product is purchased for and hence tempt Customers to purchase Products for a longer period. For instance, if you are offering .COM Domains @ $9 for a single year, you will now be able to charge a Customer $81 for a 10 year registration instead of a fixed fee of $90.

There are several advantages of multiple year purchases such as:

Greater Customer Retention: The tenure for which a Customer does business with you is greatly increased and thus gives you the opportunity to build Customer loyalty and drive renewals.

Greater Upselling Opportunities: With a longer tenure, you have that much more time to upsell your additional Products and Services and hence earn more off each Customer.

Greater Revenue Earned: Through multiple year purchases, you can earn more on every Product sold and hence increase the revenue earned.

For more details
sales@ask4host.com
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