Introducing Dynamic Pricing for Usage-Based Billing in Bosseo CRM Marketplace
The Bosseo CRM Marketplace team is excited to introduce a new era of billing flexibility with our Dynamic Pricing for Usage-Based Billing. This groundbreaking feature is set to enhance the control and transparency that developers and agencies have when dealing with usage-based services, especially those with variable costs like SMS, telephony, or geo-based APIs.
Unveiling the New Feature
Dynamic pricing is seamlessly integrated through the existing Create Wallet Charge API, now featuring a ‘price’ request parameter. This parameter allows developers the liberty to set per-unit pricing dynamically at the time of charge. This flexibility is particularly useful for services like SMS, where pricing can differ based on destination.
For agencies, this feature also allows adding a flat per-unit markup while reselling the app’s services. Thus, if an SMS base price is $1.00 in the UK and $1.50 in France, agencies can add a markup, charging sub-accounts accordingly.
How to Use Dynamic Pricing
For Developers
1. Configure your billing meters by navigating to App → Pricing → Billing Meters.
2. Create or edit a meter with a Custom Event (API) module type.
3. Set the Price Type to Dynamic, specify min/max prices, and add a Pricing Page URL for transparency.
4. Save changes to start using this flexible billing option.
For Agencies
Agencies can modify the pricing visible to sub-accounts by setting a flat per-unit markup. While end-users see the price range, the detailed Pricing Page URL remains visible only to agency admins to maintain price clarity.
Use Cases Across Industries
Home Improvement
In the home improvement sector, dynamic pricing can be a game changer. Services such as material supply chain management or equipment rentals often have fluctuating costs depending on location and demand. With Bosseo CRM’s dynamic pricing, companies can quickly adjust pricing to reflect real-time market conditions, offering more competitive and accurate price points to their customers.
Legal Practices
For lawyers, particularly those offering online legal consultations or document services, the cost per service can vary significantly based on client needs. Dynamic pricing allows law firms to adjust billing rates in real-time, accommodating for complexity or urgency of services, without misalignment with actual service costs.
Medical Practices
Medical practices, particularly telehealth providers, benefit immensely from dynamic pricing due to the variable cost of services such as remote monitoring or specialist consultations. This new capability allows practices to fine-tune their pricing structure in line with service demand and resource allocation, enhancing patient care profitability.
Importance of Dynamic Pricing
Dynamic pricing isn’t just about flexibility; it’s about aligning charges with real-world costs, providing clear pricing expectations to clients, and supporting business growth through reseller incentives. For many Bosseo CRM users, this is an opportunity to enhance both transparency and profitability in billing practices, ensuring equitable and real-time pricing reflective of the service delivered.
The Bosseo CRM Marketplace continues to innovatively respond to the evolving needs of developers and agencies, providing a robust platform for successful business operations.
