Extension Price
Introduction
The extension price determines the subscription fee that applies once the minimum subscription duration is over and the subscription continues through auto-renewal. This price ensures that your business charges customers correctly beyond the initial contract period.
The extension price is especially important for:
- Prepaid subscriptions, where the full amount is charged upfront for a set period, and a monthly price needs to be defined for the post-prepaid phase.
- Regular subscriptions, where you may want to apply a different rate after the minimum term is completed.
Feature overview
The extension price is configured per product variant in the circuly Hub It is used when:
- A subscription continues after the minimum commitment.
- A prepaid subscription transitions into a regular monthly billing model.
Good to know
- The extension price only becomes relevant after the minimum contract period is completed.
- The subscription will continue at this price unless manually changed or cancelled.
- The extension price appears in the subscription creation screen, but it can only be edited via the Products > Variants section.
Step-by-step guide: Set or edit extension price
- Go to the Products tab in your circuly Hub.
- Navigate to the Variants section.
- Select the variants you want to update by checking the boxes next to them.
- Click the Edit extension price button.
- In the input field, enter the monthly extension price that should apply after auto-renewal.
- Click Save changes.
Once set, this price will be automatically applied when the subscription enters its extension phase.
FAQ
Q: Can I leave the extension price blank?
A: No. It’s strongly recommended to define an extension price to avoid disruptions or errors in billing after the minimum subscription period.
Q: Does the extension price override the initial monthly price?
A: Only after the minimum contract period ends. The initial monthly or upfront price remains in effect until then.
Q: Can the extension price be changed later?
A: Yes. You can return to the Variants list at any time and update the extension price.