Coupons
Flexprice’s coupon system allows you to create and manage discount offers for your customers. Coupons provide flexible pricing options to drive customer acquisition, retention, and revenue growth.What are Coupons?
Coupons are discount offers that can be applied to customer subscriptions. They help you:- Attract New Customers: Offer welcome discounts and promotional pricing
- Retain Existing Customers: Provide loyalty discounts and retention offers
- Drive Revenue: Create time-limited promotions and seasonal sales
- Test Pricing: Experiment with different discount strategies
Key Features
Flexible Discount Types
- Fixed Amount: Provide specific currency discounts (e.g., $10 off)
- Percentage: Offer percentage-based discounts (e.g., 15% off)
Multiple Cadence Options
- Once: Apply discount for a single billing period
- Repeated: Apply discount for multiple billing periods
- Forever: Apply discount indefinitely for the subscription lifetime
Advanced Controls
- Validity Periods: Set start and end dates for coupon availability
- Usage Limits: Control maximum redemptions across all customers
- Targeting Rules: Apply coupons based on customer, plan, or amount criteria
- Metadata: Add custom information for tracking and integration
Quick Start
- Create a Coupon: Set up your first discount offer
- Apply to Subscriptions: Learn how to apply coupons to customer subscriptions
Creating Your First Coupon
The coupon creation interface provides an intuitive form with all the necessary fields to configure your discount offer:
Managing Coupon Details
Once created, you can view detailed information about each coupon including its current status, usage statistics, and configuration:
Applying Coupons to Subscriptions
When applying coupons to customer subscriptions, you’ll use a simple selection dialog:
Use Cases
New Customer Acquisition
- Welcome discounts for first-time customers
- Free trial periods with automatic conversion
- Referral program incentives
Customer Retention
- Loyalty discounts for long-term subscribers
- Win-back offers for churned customers
- Upgrade incentives for existing customers
Revenue Optimization
- Seasonal promotions and sales events
- Volume-based discounts for enterprise customers
- A/B testing different pricing strategies
Best Practices
- Clear Naming: Use descriptive coupon names that indicate the purpose
- Set Expiry Dates: Always include expiration dates to prevent unintended long-term discounts
- Monitor Performance: Track redemption rates and revenue impact
- Test Before Launch: Validate coupons with small customer groups
- Plan for Renewals: Consider how discounts affect subscription renewals
Integration
Coupons integrate seamlessly with:- Subscription Management: Apply discounts during subscription creation and updates
- Billing System: Automatic discount calculations in invoices
- Analytics: Track coupon performance and customer behavior
- API Access: Programmatically create and manage coupons