Components Overview

Components in Maxio enhance your product offerings by enabling flexible billing of additional items—such as add‑ons, usage charges, or one‑time upgrades. You can configure components with independent billing intervals, varied pricing structures, proration rules, and display options for self‑service sign‑up. Components help CFOs, product managers, and finance teams reduce billing complexity and improve monetization of optional features.

Think of components as a way to make your product plans more flexible:

• Add extra features that customers can choose to include or remove.
• Offer usage‑based billing for variable consumption.
• Provide optional upgrades without creating separate products.

Component options in product catalog

Billing Frequency for Components

By default, Components follow the billing interval of the Product they’re attached to. You can also assign a separate billing interval—known as multi‑frequency billing—to accommodate varied cadence for specific components.

• If a Component has its own interval, it bills on that schedule independently of the Product.
• If not, it inherits the Product’s billing schedule.

Types of Components

Components fall into two main categories:

1. Quantity‑Based Components — fixed quantities (such as “three IP addresses”), billed up front; support proration when quantities change mid‑period.
   • Recurring Quantity‑Based: billed each period for the set quantity.
   • On/Off: behaves like recurring quantity‑based billing but quantity must be zero or one.
   • One‑Time: billed once, without recurring charges.
2. Usage‑Based Components — variable usage (such as “API calls”), measured and billed afterward.
   • Metered: usage tracked and billed after the period.
   • Prepaid: you commit up front to a set quantity, with optional overage charges billed afterward.

See Also: Types of Components

Quantity‑based and usage‑based component types

Creating and Managing Components

You can create, edit, and archive Components directly in the product catalog.

• Components are specific to a Product Family, meaning they are usable only with Products grouped in the same Family.
• Archived Components can’t be added to new subscriptions, though they remain active for existing subscriptions.
• Unarchiving a Component makes it available again for new subscriptions.

See Also: Create Components

Create, edit, and archive Components in the catalog

Pricing and Price Points

Like Products, Components have Price Points that define their cost.

• You can define multiple Price Points per Component to support different scenarios or tiers.
• Each Price Point follows a Pricing Scheme to determine billing structure:
  • Per Unit
  • Tiered
  • Volume
  • Stair‑Step

Component Price Point options and pricing schemes

Component Settings

Components include a variety of Settings that control behavior, billing, and presentation:

• Taxes
• Allow customer updates in Billing Portal
• Enable fractional quantities
• Hide the service date range from Invoice Line Items
• Enable Custom Proration

Available Component Settings