Auto Renew with Price Uplift
The customer has a 3-year ramped subscription that’s coming up for renewal next month. At renewal, the prospect wants two pricing adjustments to occur: 1. A new 3-year ramp that continues automatically. 2. An additional uplift — referred to internally as the “COO Uplift.” I was able to set this up quickly and easily using the following approach: • Created a Price Tag that defaults on the product with a term longer than the initial subscription — in this case, 6 years — to account for the future ramp. • Used our new “Adjust Price on Renewal” feature at the org level, applying an additional 5% uplift for all products with a revenue model of “Recurring” when the Change Type is set to Renewal. Everything worked smoothly with just a few configuration steps.