Advantage Upfront Plan

English translation: Prepayment discount plan

10:05 Nov 29, 2016
English language (monolingual) [PRO]
Marketing - Marketing / Market Research
English term or phrase: Advantage Upfront Plan
Dear native English speakers!

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!
Andrew Vdovin
Local time: 04:41
Selected answer:Prepayment discount plan
Explanation:
That is what I would call it.

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.
Selected response from:

Tina Vonhof (X)
Canada
Local time: 15:41
Grading comment
Thank you very much for your help Tina! Thanks everybody!!!
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
3 +3Prepayment discount plan
Tina Vonhof (X)
3 +1payment in advance benefit plan
Juan Arturo Blackmore Zerón


Discussion entries: 4





  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
advantage upfront plan
payment in advance benefit plan


Explanation:
My proposal.

Juan Arturo Blackmore Zerón
Mexico
Local time: 16:41
Works in field
Native speaker of: Spanish
Notes to answerer
Asker: Thank you for your suggestion Juan! I like the "benefit" part here. What about "prepayment benefit plan"?

Asker: Or probably "progressive benefit plan" / "progressive benefit prepayment plan"?


Peer comments on this answer (and responses from the answerer)
agree  acetran
5 hrs

neutral  philgoddard: This is difficult to parse - for example it could be read as "advance benefit plan".
13 hrs
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6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
advantage upfront plan
Prepayment discount plan


Explanation:
That is what I would call it.

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-
Tina Vonhof (X)
Canada
Local time: 15:41
Native speaker of: Native in DutchDutch, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thank you very much for your help Tina! Thanks everybody!!!
Notes to answerer
Asker: 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?


Peer comments on this answer (and responses from the answerer)
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
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