#Isk - usage pricing
thick raptor
There's ways to model usage based pricing. Recommend reading this: https://stripe.com/docs/products-prices/pricing-models#usage-based-pricing
hot lantern
My quantity is set by the customer. So its variable
is that ok?
I can give an example if that helps
hey
thick raptor
Ok. I think I understand. How would the price be modeled?
hot lantern
Let me give an example
Use case 1:
User commits to 4TB of data
Price:
For committed data: 10 cents/GB/Month
For any additional data usage: 13 cents/GB/Month
User ingests 3TB of data by end of the month
User fee. = 4x1024*$0.10 (User is charged for the committed data ingestion volume as the total ingestion was less than committed volume)
Use case 2:
User commits to 4TB of data
For committed data: 10 cents/GB/Month
For any additional data usage: 13 cents/GB/Month
User ingests 6.5TB of data by end of the month
User fee. = 4x1024*$0.10 (committed data) + 2.51024$0.10 (additional data)
So essentially, our customer chooses to commit to a certain quantity
hot lantern
Use case 1:
User commits to 4TB of data
Price:
For committed data: 10 cents/GB/M...
0.13
how do i model a price based on what the customer commits to?
like its an "x" - variable
i have already read the doc you sent
thick raptor
Yeah I think graduated pricing should work for you: https://stripe.com/docs/products-prices/pricing-models#graduated-pricing
You would have to create a price for each usage limit
pliant arrow
Hello 👋
Taking over as @thick raptor needs to step away soon
When you say automate the variable limit, what are your referring to exactly? Tiers?
hot lantern
no i want the quantity entered by the customer
and set up a model such that
if they have used more than the quantity they are charged extra
else the fixed rate
its tier based, however i need to automate the tier based on the customers decision
any help here?
pliant arrow
juggling between a few threads, give me a moment
(Feel free to correct me if I'm misunderstanding this)
Your use case is
Customer A commits to 5 TB data
For committed data: 10 cents/GB/Month
For any additional data usage: 13 cents/GB/Month
Customer B commits to 1 TB data
For committed data: 10 cents/GB/Month
For any additional data usage: 13 cents/GB/Month
Customer C commits to 10 TB data
For committed data: 10 cents/GB/Month
For any additional data usage: 13 cents/GB/Month
Is that correct?
pliant arrow
Thanks. I think your ideal choice here is Usage-based pricing with metered usage
However, you'd need to create a price for each customer separately based on what they commit
https://stripe.com/docs/products-prices/pricing-models#metered