Let customers pay what they want on your products. Ever thought about letting your customer name the price of your products on your WooCommerce store? The WooCommerce Name Your Price plugin allows you to be flexible on pricing your products. Here we take a look at the free extension for Name Your Own Price for WooCommerce products.
Pay What you Want option for your products
Letting the customer pay what they want on your products sounds risky right? After all, who will pay more or the full price, when they have the option to pay less or sometimes even nothing? But as per the research by Forbes, it is said that with this technique of pay what you want, option, customers end up paying something at least.
So how do you technically make your customers pay something, at least to a portion of what you want as a store owner?
That’s the interesting part of the plugin. A store owner can apply a minimum price on the products as a threshold limit, which is beneficial to obtain a profit from the sales happening.
And you can achieve all these using the free plugin called ELEX WooCommerce Name Your Price Plugin.
Let’s take a look at the same.
Free Extension for Name Your Own Price for WooCommerce Products
The ELEX WooCommerce Name Your Price plugin is a free extension, which allows your customers to enter a price of their choice on your products in your WooCommerce store. Let’s take a look at some of its features :
Offer the Products at a Price Customers Choice
The plugin gives the customers the freedom to choose the price they want to offer for the products.
Allows to Recommend a minimum price on products
Using the plugin, you can provide a minimum threshold price, to avoid letting customers purchase your products free of cost from the store. In this way you do not allow customers to purchase the product without paying anything and also you are never at a loss.
Upon setting a minimum price in Set Min Price in the plugin settings, you can facilitate implementing a limit for entering prices. If the customer enters a price greater than the minimum price mentioned, then they can proceed with the checkout. But again if the customer enters a price which is lower than the minimum price mentioned in the settings for the product, then the customer gets a custom message like shown in the below screenshot.
Here in this example illustrated above, the minimum price entered is $20 and if the customer enters $15, then they get this message.
Configure Name Your Price for Individual Products
You can also configure the same, for individual products on your store easily. Once the plugin is installed, you get the settings for individual products, as shown in the image below:
If you do not want to set the global settings, you can do the same for individual products using the plugin quickly.
Setting WooCommerce Name Your Price for Variable products
It’s not just simple products you can work on using the plugin, you can work the same on the product variations too. The settings will reflect separately for each product variations like shown in the image below:
For this you need to set the product price for each variation like shown in the image below:
Customize the label and description for the product price for better understanding
To make it easy for the customers to understand, you can set the label and the description for the product price using the plugin as shown in the image below :
Hide the price of the product
You can hide the price for your products using the plugin. This way, you let your customers freely enter the price of their own. To do the same, you can configure the following settings in the plugin as shown in the image below.
The free extension for Name Your Own Price for WooCommerce products has the above-listed features which make it a promising one for your WooCommerce store. Apart from these features, the plugin is also compatible with the other pricing plugins using which you can enhance the plugin features and also put it for use for other varied purposes. The plugin also comes handy to collect donations, pay bills and much more.