Creating a Product
Last updated
Last updated
Creating financial offerings such as products, subscriptions, or one-time payments in CoachIQ is a straightforward process. Follow these steps to set up your offerings and start monetizing your services.
First, access the Payments section under Services in your CoachIQ dashboard. This area is where you will manage all your pricing and payment configurations.
Click on the Create button located at the top right of the screen. This will open a menu where you can choose between creating a one-time payment or a subscription.
For a Subscription: In this guide, we'll proceed with setting up a subscription. Click on the subscription option to start creating your recurring payment model.
For a One-Time Payment: If you prefer a one-time payment, select that option and follow similar steps to define the product details.
Here’s how you can set up a subscription:
Title Your Subscription: Enter a name for your subscription, such as "Monthly Training."
Write a Description: Provide a detailed description of what the subscription includes. This will be visible to your customers and should accurately reflect what you are offering.
Add Features: List any additional features that come with the subscription to provide potential subscribers with more context about what they are purchasing.
Set the Price: Decide on the pricing per month. For example, you might set it at $100 per month.
Choose the Billing Frequency: Typically, this would be set to charge once every month, but you can adjust this based on your business model.
Processing Fees: Decide whether to pass on the processing fees for credit card transactions to your customers or to absorb them yourself.
Access Codes: Optionally, you can enable access codes if needed. This feature will be explained in detail in another guide.
Once all details are filled in and you are satisfied with the settings, click on Create. You will see a confirmation that your "Monthly Training" subscription has been successfully created.
