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Products and prices in Stripe

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    To create subscriptions in Stripe, customers need to be able to subscribe to a

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    product.

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    A product can then have many prices.

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    If we think of Netflix as an example, you have one subscription to Netflix, but

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    there

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    are various plans you can subscribe to, depending on what video quality you want

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    and how many screens

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    you plan to use it on.

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    As well as tiers, you can also use prices to bill customers at different

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    intervals,

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    for example monthly and yearly.

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    We only have one product, so we'll create a Laraflix product in Stripe and to

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    start off

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    with we'll create a single price where we can charge the customer monthly.

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    To create a product in Stripe, click "Products" from the main menu, click the

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    blue "Add product"

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    button, add a name for the product, I'm going to use "Laraflix".

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    Under "Price information", leave the pricing model as "Standard pricing" and for the

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    price, enter

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    how much you want to charge a customer each month.

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    I'm going to enter 3.99 and I'm going to leave the currency as GBP, which is my

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    local currency.

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    Click the blue "Save product" button.

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    We'll now see an overview screen with our newly-created product details.

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    We can see the product's name and also the prices for the product, how much it

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    costs

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    and how frequently it's billed.

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