English term
Advantage Upfront Plan
I'm trying to get a proper English name for an upfront payment system which allows the customer to get the company's services at discounted prices. The more the upfront sum, the more the discounts for the services that the customers will be provided.
For example, if you prefer to pay service by service, you pay $300 per each. But if you make an upfront payment of $1000, you will be able to get the same services for $250 untill the etire payment sum is expended. If you pay $2000, you'll get them for $200 each, etc.
The advantages of this payment plan is that not only you'll get cheaper services, but also you need to pay just once and don't worry about any further payments - you'll be provided with further services on and on depending on how much your upfront payment was, despite any inflationary pressures and things like those.
So there is a regular service-by-service payment plan, and there is this Progressive Discount Upfront Plan for which I'm trying to create a proper name that would sound good and natural and attractive for native English speakers.
I'll appreciate any suggestions!
3 +3 | Prepayment discount plan | Tina Vonhof (X) |
3 +1 | payment in advance benefit plan | Juan Arturo Blackmore Zerón |
Non-PRO (1): Yvonne Gallagher
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Responses
Prepayment discount plan
But take note: there are many so-called 'prepayment plans' where you are actually giving a loan to the company. They repay you in services over time but you don't get any discounts.
https://support.auvik.com/hc/en-us/articles/200793870-Do-you-offer-a-discount-for-prepayment-
Thank you for your suggestion Tina! Could you please let me know as a NES what you think if I put "progressive" in to make it "prepayment progressive discount plan"? Does it sound good at all this way? |
agree |
Yvonne Gallagher
: simply "prepayment plan"...personally, I think any advantages should be explained rather than put in a title
2 hrs
|
agree |
philgoddard
8 hrs
|
agree |
Yasutomo Kanazawa
5 days
|
payment in advance benefit plan
Thank you for your suggestion Juan! I like the "benefit" part here. What about "prepayment benefit plan"? |
Or probably "progressive benefit plan" / "progressive benefit prepayment plan"? |
agree |
acetran
5 hrs
|
neutral |
philgoddard
: This is difficult to parse - for example it could be read as "advance benefit plan".
13 hrs
|
Discussion
But I can't be 100% sure for I am no native English speaker. (