How to use Pay your own price/Custom pricing option in FlexiFunnels?

Pay Your Own Price (PYOP) allows customers to decide how much they want to pay for a product or service. With this feature, you can create custom payment links where customers enter the amount they wish to pay, providing a flexible and personalized payment option.

Steps to add the Pay your own price/custom price:

Step 1: Access the Pricing Settings

1. Log in to your FlexiFunnels account.
2. Navigate to the 'Products' section.
3. Select the product for which you want to set the pricing. This will open the product settings.

Step 2: Setting "Pay Your Own Price"

1. In the product settings, go to the 'Price' tab.
2. Click on the 'Payment Type' dropdown menu and select 'Pay Your Own Price'.
3. Click 'Next' to save the settings.

Additional Steps for Completing Product Setup

After setting the pricing, you need to complete other necessary configurations for your product: https://help.flexifunnels.com/support/solutions/articles/36000308265-creating-product-in-flexifunnels-to-sell-

Use Cases for "Pay Your Own Price"

1. Donations:

• Ideal for non-profits and charitable organizations.
• Allows supporters to contribute any amount they are comfortable with.

2. Crowdfunding:

• Projects seeking funding can allow backers to pledge any amount.
• It provides flexibility and encourages contributions from a broader audience.

3. Pay-What-You-Want Offers:

• Encourage customers to try your product with the option to pay what they feel is fair.
• It can help build customer trust and loyalty.

4. Limited-Time Promotions:

• Run special promotions where customers can set their own prices.
• Effective for market research and gauging customer willingness to pay.

5. Reservation Deposits:

Allow customers to reserve products or services by paying a deposit amount of their choice. This flexibility can increase reservation rates and make it easier for customers to commit.

These steps provide a comprehensive guide to setting up and the pay your own price for the product.