Matrix pricing

A pricing strategy where the cost of a product or service is dependent on multiple dimensions.

In Zenskar, matrix pricing is a pricing strategy where the cost of a product or service is dependent on multiple dimensions. Region-based pricing is an example of matrix pricing: usage being the first dimension whereas the region of usage is the second dimension. Similarly, Zenskar also uses two dimensions: usage being the first dimension and a user-defined second dimension

How to add a product based on matrix pricing in Zenskar

πŸ”–

Important

Refer the products documentation to learn more about the concept of products in Zenskar.

Step 1: Create a product based on matrix pricing

  1. Navigate to Contracts > Products, and click on the ADD PRODUCT button.
  2. Select the Matrix Pricing from the drop-down.
  3. Select or deselect Metered:
    1. If the service or product is metered, select the appropriate usage aggregate from the drop-down.
    2. If the service or product is not metered, enter the quantity.
  4. Fill in all other details, and select all the desired features.
  5. Save the product.

Example: metered product

Details:

  • The world-famous RO water purifiers are being sold every month.
  • Shipping charges depend on:
    • the number of RO water purifiers sold (first dimension):
    • the destination of shipment (second dimension)
DestinationPrice (USD per unit)
Domestic up to 500 miles10
Domestic beyond 500 miles12
International55
  • We are keeping track of the number of RO water purifiers sold in a given billing period using the RO Water Purifiers aggregate (metered product).