Overview
Coupons within the Inspire system are a versatile tool that offers various options for businesses and organizations to provide discounts and incentives to their customers. Let's break down the key aspects of coupons in a straightforward manner:
Types of Coupons:
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Percentage Coupons: These coupons offer a percentage discount, ranging from 1% to 100%. The discount is calculated based on the entity being affected, such as a subscription, order, or invoice. Percentage coupons can also provide extra trial days for subscriptions or orders and can be limited to specific products.
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Fixed Amount Coupons: Fixed-amount coupons provide a specific monetary discount, which can be higher than the total amount due but will never reduce it below zero. Like percentage coupons, they can offer extra trial days, apply to specific products, and affect orders, invoices, or subscriptions.
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Override Coupons: Override coupons must be used with specific products and can modify the product's unit price, either increasing or decreasing it. They can also provide extra trial days for subscriptions or orders.
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Trial-Only Coupons: These coupons do not provide a discount but extend the trial period. They can also be restricted to specific products, whether recurring or not.
Coupon Setup Options:
- Preventing Coupon Stacking: Businesses can choose to prevent coupons from being used in conjunction with other coupons.
- Redemption Limits: Coupons can have a limited number of redemptions, ensuring controlled use.
- Date Range: Businesses can set specific date ranges during which the coupon is valid.
- Budget Limits: A budget can be set to restrict the overall use of a coupon.
Duration Limits:
- Coupons can have various duration limits, such as one-time use, multiple cycles (for invoices, it functions as a one-time coupon), or forever (also for invoices, acting as a one-time coupon).
Promotion Codes:
- Coupons may have customer-facing coupon codes known as promotion codes.
- Promotion codes can have additional rules:
- Be eligible only for a customer's first payment.
- Be limited to a specific customer.
- Require a minimum purchase amount.
- Have a date range for use (within the coupon's date range).
- Limit the number of redemptions (within the coupon's redemption limit).
Usage Restriction:
- Coupons are intended for use within the Inspire platform (e.g., manual creation of orders, invoices, and subscriptions).
- Promotion codes, on the other hand, are used by customers during the hosted checkout process.
In summary, Inspire's coupon system offers a wide range of options for businesses to provide discounts and incentives to their customers. These coupons can be customized in terms of discount type, limitations, and additional rules, and they are a valuable tool for managing promotions and attracting customers within the platform.
Updated 6 months ago