Free
Introduction
In this detailed overview, we explore the concept of credit billing for add-ons within a reseller or partner framework.
This system allows businesses to efficiently manage and monetize additional features such as extra bots, members, or bot users, enhancing revenue streams and customer flexibility.
We will cover what add-ons are, how they function, the billing process, setup instructions, and future enhancements, providing a clear roadmap for partners to implement and optimize this feature.
What Are Add-Ons?
Add-ons are supplementary features or services that customers can purchase to enhance their existing plans. They are designed to scale with a business’s growth, allowing upgrades or downgrades based on needs.
Key Points:
Main Plans: Customers subscribe to a primary plan based on their business requirements (e.g., number of bots, team members, bot users).
Flexibility: As the business expands, customers can:
Upgrade or downgrade their plans.
Purchase additional add-ons such as extra bots, members, or bot users.
Compatibility: Add-ons can be purchased on any paid plan, but not on free plans.
Manual Addition: Partners manually add purchased add-ons to customer workspaces.
Current Available Add-Ons:
Add-On Type | Cost Price | Selling Price | Profit Margin |
---|---|---|---|
Extra Bots | $5 per month | $Y | $Y - $X |
Additional Members | $5 per month | $Y | $Y - $X |
1000 Bot Users | $5 per month | $Y | $Y - $X |
Custom Add-Ons | Varies | Varies | Varies |
Note: The profit is the difference between the selling price and the cost price.
Selling Add-Ons: Billing Options and Strategies
Two Billing Types:
Internal Billing: Uses your existing billing system.
Credit Billing: An alternative method suitable for resellers, allowing customers to purchase add-ons via points or credits.
Why Use Credit Billing?
Simplifies the process of selling add-ons.
Payments are directed straight to your Stripe account.
Supports manual and automated add-on purchases.
How It Works:
Enable Credit Billing: Turn on the feature in your partner settings.
Customer Purchase Flow:
Customers buy points (or credits) via a Stripe payment link.
Multiple currencies are supported.
Points are added to the customer’s workspace.
Using Points for Add-Ons:
Customers manage add-ons through a "Manage Add-Ons" interface.
Deduction of points occurs upon purchase.
Backend updates reflect the deduction in both customer workspace and your partner account.
Visual Workflow:
Step-by-Step Process for Partners
1. Enabling Credit Billing
Access your partner dashboard.
Turn on the credit billing feature.
This activates the purchase points system.
2. Purchasing Points
Customers select the number of points they want.
Generate a Stripe payment link.
After payment, points are credited to their workspace.
3. Managing Add-Ons
Partners manually add points to customer workspaces.
Customers can then purchase add-ons using their points.
The system deducts points accordingly, and the backend reflects the transaction.
4. Deduction and Profit
Points deducted from the customer’s workspace.
Corresponding cost deductions are made from your partner account.
You set the profit margin by adjusting the selling price.
5. Future Auto Top-Up Feature
Upcoming feature: Automatic top-up when points fall below a threshold.
Customers can set limits.
System automatically charges their card to replenish points, ensuring seamless add-on access.
Supporting Custom Billing URLs
You can use custom billing URLs to sell only the main plan.
Enable credit billing for add-ons.
Customers purchase points and use them for add-ons.
This setup is compatible with custom URLs and white-label solutions.
Implementation and Setup
Resources:
YouTube Playlist:
Search for "Stripe Billing Automation for Partners" on our channel.Step-by-Step Guide:
Lesson 10 covers setup, pricing, and point management.
Duration: approximately 12 minutes.
Setup Highlights:
Step | Action | Description |
---|---|---|
1 | Enable Stripe Integration | Connect your Stripe account. |
2 | Configure Add-On Pricing | Set cost and selling prices. |
3 | Set Up Points System | Define how many points equal a dollar or currency unit. |
4 | Manual Point Allocation | Add points manually for specific clients if needed. |
5 | Automate Auto Top-Up | Future feature to streamline replenishment. |
Tips:
Use the partner dashboard to monitor transactions.
Adjust pricing to optimize profit margins.
Communicate clearly with clients about how points and add-ons work.
Future Enhancements and Features
Auto Top-Up
Purpose: Automate the replenishment of points.
Functionality:
Set a minimum threshold.
System automatically charges the customer’s card when points are low.
Ensures uninterrupted access to add-ons.
Benefit: Reduces manual intervention and improves customer experience.
Compatibility
Works seamlessly with internal billing and custom billing URLs.
Supports Stripe-only payments for now.
Future updates may include support for other payment gateways.
Summary Table: Credit Billing Workflow
Stage | Description | Key Actions | Notes |
---|---|---|---|
Enable | Turn on credit billing in partner settings | Access dashboard → Settings | Supports only Stripe currently |
Customer Purchase | Buy points via Stripe | Generate link → Customer pays | Multiple currencies supported |
Points Allocation | Add points to workspace | Manual or automated | Use for add-on purchases |
Purchase Add-Ons | Use points to buy extra features | Manage add-ons interface | Deducts points and updates backend |
Profit Calculation | Set profit margins | Adjust selling prices | Profit = Selling Price - Cost Price |
Future Automation | Auto top-up feature | Set thresholds → Auto charge | Enhances customer retention |
Final Thoughts
Credit billing for add-ons offers a flexible, scalable, and efficient way for partners to monetize additional features. By leveraging Stripe payments, manual or automated point management, and future auto top-up capabilities, partners can provide seamless service to their clients while maximizing profits. Proper setup, clear communication, and strategic pricing are essential to success.
Resources:
YouTube Channel: Search for "Stripe Billing Automation for Partners."
Support: Contact via email or private message for assistance.
Closing
Implementing credit billing for add-ons empowers your business to grow sustainably, offering customers the flexibility they desire while ensuring your revenue streams are optimized. Stay tuned for upcoming features that will further streamline this process, making it even easier to manage and scale your operations.