Hey everyone it’s Gary
Today I want to clear up a question that keeps popping up, because we have this very unique system called bucket billing in our product and we created this specifically so you could have an optimized system for your club dues.
Now people are a little confused because they don’t know the difference between what a bucket billing is and what a standard product is. So let me just explain that real quickly because this is really important and a lot of people won’t understand what bucket billing is, because no one else has it. We’re the only ones that created it.
We’re the only ones that have it, we’re the only ones that do it this way and we made it specifically for soccer clubs and nothing else. We added the bucket billing specifically so you can have your registration, your waiver, your very unique billing system, all tied together in one product, optimized and streamlined, fully automated for your club dues.
Alright so let me just go over this real quickly and I’ll show you what some of the differences are and let me show you the primary difference. Now this is our standard registration product club dues.
We’re going to look at the payment schedule. Now you’ll notice that there is a defined payment schedule. We did this because when you are running your club, you have your fall season, your winter season, summer season, spring season… whatever it is that you have that’s always going to be a defined season and you’re always going to have your tryouts and you want people to commit by a certain date and there’s going to be a certain fee that you charge when they commit to kind of like their contract signing fee and that becomes part of their total payment.
I mean if you have tryouts and then some people, they make their initial payment, commit on day one, right let’s say you have tryouts on and you have some people that say okay I definitely want to be on the team by May 5th, so they pay then. You have someone else that pays on May 10th, and then someone else on May 3rd, and someone else on May 8th. It doesn’t matter whenever they sign up and pay for this registration. They’re going to pay this amount on the day they sign up, on the day they commit, that they’re going to play for your team. It doesn’t matter whether they sign up on the 3rd,the 5th, the 8th, the 10th, the 15th,everybody is going to be billed by the system automatically. It doesn’t matter when they signed up.
This is your defined billing period. Of course we have the early paid discounts if they pay early and they don’t have to make all these payments, they might pay everything upfront because they want this early discount.
That’s fine but the heart and soul of this is, this defined payment schedule. A defined payment schedule of amount and date. How does that differ from a regular product? When you come into a regular product and when I talk about a regular product I think about t-shirts, kits, training gear. I don’t know whatever else you might be selling let’s just keep it that way, let’s just pretend we’re selling training shirts, maybe promotional shirts.
So here we have a standard product training shirt. I have my product price of, well, in this case we’ll charge $20 for a t-shirt. I can have my recurring billing but what you’re going to notice is that we don’t have a defined date period. What we have are for a different profile so you can set up four different profiles and you can give people a bunch of different options.
For the sake of this conversation, I’m going to keep it as easy as possible adjust talk about one recurring profile so you’ll notice there’s no defined date period. It’s a time delay so that person that signs up on the 2nd of a month is going to be on a different payment schedule than the person that joins and pays on the 3rd of a month. Because whatever delay you put in to start your billing, in this case, I’ll say that we’re going to start our billing in fifteen days and then our recurring cycle is going to be thirty days and our recurring price is going to be let’s call it again $15 okay? So this is your typical subscription. This is more typically used if you are selling something like a t-shirt of the Month.
If you’re selling health drink, you know, if you have assorts drink that you’re selling, maybe you put these people on a subscription that every month they get another case of sports drink. So this is the type of billing that you’re a little bit more accustomed to where you sign up for product you get.
So thesis a little bit more of your traditional recurring billing type scheme or payment process, whatever you want to call it, versus a defined date and schedule period. Now you can see that this would work. You could do this for registration. You could have people signup and just accept the fact that the person that accepted your team commission the third versus on the fifth versus on the eighth versus or the tenth they’re all going to be on different time periods but they’re all going to get billed in the same basic way.
You know 30 days out right, whatever you set this recurring cycle to, so that’ll work. But there’s other reasons that the bucket billing is better. It allows for early pay discounts and it allows for you to have your registration and your waivers tied right to the order.
It gives you the defined date period and people can paying different ways. They can pay out of their customer portal and they can makimonos payments, there’s whole bunch of ways that they can pay to get that team fee completed.
Again one is perfect for one solutioning is perfect for another solution. You could use them for different things. If you wanted, if you prefer to have this type of payment where it’s fixed and just on the credit card and don’t early pay, no defined date schedule, you could use this for registration. You could setup three easy payments. You could do all those things, there’s flexibility there It really comes down to what you want todo.
I personally think the bucket billings just the ultimate, best, most optimized solution for a soccer club because of the flexibility, the defined date period, the registration waivers, medical waivers, everything gets tied to the order. The ability to make partial payments, extra payments and bonus. You know all those things just make it a better solution and of course it’s all done automatically so you don’t have to do anything. All those things can be done for your customers, for your parents but you don’t have to do any extra work.
In fact it reduces your workload because now you’re not trying to chase people down for medical waivers, for liability waivers, for all those different things. You just put it all in at the start “bing-bam-boom” IT’S done.
I’ll stop talking, I could goon and on about this whole system. I just love the way that we’ve automated this and optimized it for soccer clubs butf or now I’m just going to stop and just talk about the bucket billing, standard product and if you have any other questions, hit me up, just send it through our system and I’ll answer them for you, put a comment.
Let’s stay in touch
This is Gary with SocrPro, Hoping you have a more successful season and spend less time on your admin and automation