A smartphone product is currently sold as a one-time upfront payment.
In order for it to be sold with equal monthly installment payments for 12 months, what should the consultant set up?
AnswerA
Explanation''A Term Selling Model defines a fixed duration for a product or service, such as 12 months, and specifies how the customer is billed---monthly, quarterly, or annually.''
''Evergreen Selling Models are used for ongoing, indefinite subscriptions without a predefined end date.''
''To convert a one-time purchase into an installment plan over a fixed period, use a Term-based Selling Model with the appropriate billing frequency.''
Step-by-Step Reasoning:
Current State: Product is a one-time purchase.
Required Outcome: Convert to 12 equal monthly payments --- this is a fixed duration (12 months) with monthly billing frequency.
Correct Setup: Assign Term Monthly selling model, defining the duration as 12 months with monthly charge intervals.
Why Others Are Incorrect:
B (Term Annual): Uses annual billing, not monthly.
C (Evergreen Monthly): Represents an open-ended subscription, not a fixed 12-month term.
Salesforce Subscription Management Implementation Guide --- Selling Models and Billing Frequencies
Salesforce CPQ Implementation Guide --- Product Selling Models
Salesforce Billing Implementation Guide --- Term and Evergreen Subscription Setup