Payment types in Kajabi
Kajabi in 5 Minutes Episode 11: Types of Payments in Kajabi
In this episode of Kajabi in 5 Minutes, we discuss the different types of payments you can collect through Kajabi. These include one-time payments, multiple payments (payment plans), and subscriptions. We also cover unique options like pay-what-you-want, quantity selectors, setup fees, trial periods, and free offers. Tune in to learn how to effectively use these payment options in Kajabi.
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Episode Transcript
Hello, and welcome to Kajabi in 5 Minutes! Today, we are going to be talking about the different types of payments you can collect through Kajabi in an offer.
One-Time Payment
First of all, there's the one-time payment. This is really basic and self-explanatory. You set the dollar amount, the currency, and people can pay that amount once. It's done.
You can also let customers pay what they want, where you set a minimum payment and people can pay that amount or more. This is a unique payment setup within the one-time payment option. Another cool option is the quantity selector, which lets people buy multiple quantities of one item. This is useful for clients who sell their courses to corporations, allowing them to buy multiple copies at once.
Multiple Payments
Next is multiple payments, which is like a payment plan. You set the payment amount, currency, number of payments, and intervals (months, weeks, or years). For example, $500 monthly for four months means the person commits to paying $500 today and three more times, making four payments in total. This is a locked-in payment plan, not something that can be canceled like a subscription.
With multiple payments, you can have trial periods and setup fees. A setup fee is collected with the first payment, and then you can collect a reduced amount over the next payments.
Subscription
The subscription payment option allows you to set the amount and interval (week, month, or year). For example, you can set it to collect payments every month or every three months. This is useful for longer commitments and collecting more money in chunks.
You can also add a setup fee and a trial period (1 to 365 days). The interval and frequency start after the trial period ends. For example, if you offer a seven-day trial for a $100 per month subscription, the person won't be billed on day one but will start being billed on day eight.
Free Offer
There is also a free offer option where people can access your content without paying anything.
I hope this helps! Go out there and start collecting payments with Kajabi.
