Tiered pricing is used to provide products/services at different price points by limiting or expanding the features/functionalities corresponding to each tier price.
You may want to set up various pricing plans to accommodate varying budgets or requirements for your course or product. For example, Basic Members (Lower Tier) can access certain parts of your product and Premium Members (Higher Tier) can access all the parts of your product. Basically, members in a higher tier get more perks than those in a lower tier.
Learn how you can easily set up tiered membership in MV using actions.
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