If you're new to Skool (at least the backend) like me and aren't sure how it works, the following should help clarify things for you.
Here’s a clear breakdown of how it works:
Yes, Skool.com's tiered membership levels (often called "Groups") do allow you to set up both monthly and annual payment rates. However, the way you implement this is slightly different than a single subscription with a toggle. Here’s how it works in practice:
The Standard Method: Separate Membership Tiers
The most common and straightforward way to offer both monthly and annual plans on Skool is to create two separate membership levels (or "Groups") for the same community.
- Tier 1: "The Awesome Community - Monthly" → Priced at, for example, $49/month.
- Tier 2: "The Awesome Community - Annual" → Priced at, for example, $490/year (which effectively offers two months free compared to the monthly plan).
How it works:
- A user visits your Skool community page.
- They see two (or more) join options.
- They can choose to subscribe monthly or commit to the annual plan for a discount.
- Both tiers grant access to the exact same Skool group, but they are managed as separate payment plans.
Is this under "Subscriptions"?Yes, absolutely. When you create a new group or manage an existing one, you set a price to join. This creates a subscription for the user. So, by having two groups with different billing frequencies (monthly vs. yearly), you are effectively creating two different subscription options for the same content.
The Newer, Cleaner Method: One Tier, Multiple Payment Options
Skool has been rolling out a more integrated feature that allows you to offer multiple payment plans (monthly and annual) within a single membership tier. (if you're community is new, you have this one)
How it works:
- You go to edit the pricing for your single group.
- Instead of just setting one price, you can now enable multiple payment plans.
- You would set a monthly price (e.g., $49/month) and an annual price (e.g., $490/year) for the same group.
Advantages of this method:
- Cleaner User Experience: Potential members see one community to join, with a simple toggle to choose between monthly and annual billing on the checkout page.
- Simpler Management: You only have one group to manage instead of two separate ones for the same content.
Hope this helps.