Opportunities for Subscriptions to Cloud Kicks Shoe of the Month Club

Utilizing Opportunities for Subscriptions

Question

Cloud Kicks wants to utilize Opportunities to report and track subscriptions to Its Shoe of the Month club. Subscribers can make a single payment or pay weekly, monthly, or quarterly.

Which solution should the consultant recommend to meet the requirement?

Answers

Explanations

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A. B. C. D.

B

To meet the requirement of utilizing Opportunities to report and track subscriptions to Cloud Kicks' Shoe of the Month club, the consultant should recommend the solution: D. Activate schedules on the Opportunity object.

Activating schedules on the Opportunity object would be the most suitable solution for this scenario. Schedules in Salesforce allow for the tracking of recurring payments and can be used to manage subscriptions effectively. Here's a detailed explanation of why this option is the correct choice:

A. Implement contracts with a lookup to the Opportunity object: Implementing contracts with a lookup to the Opportunity object may not be the most appropriate solution for this requirement. Contracts are typically used to define terms, conditions, and legal aspects of an agreement. While contracts can be associated with Opportunities, they may not provide the necessary functionality to track and report on recurring payments or subscriptions.

B. Enable schedules on the Product object: Enabling schedules on the Product object would not be the ideal solution in this case. The Product object is typically used to represent the goods or services being sold, and enabling schedules on it would not provide the necessary functionality to track recurring payments or subscriptions. Schedules on the Product object are typically used for managing the delivery or availability of the product itself, rather than managing the payment schedule.

C. Configure assets with a lookup to the Opportunity object: Configuring assets with a lookup to the Opportunity object is not the most appropriate solution for this requirement. Assets in Salesforce are typically used to represent tangible or intangible items that a customer owns or uses, such as equipment or licenses. While assets can be associated with Opportunities, they are not designed to handle recurring payments or subscriptions.

D. Activate schedules on the Opportunity object: Activating schedules on the Opportunity object is the recommended solution. Schedules on the Opportunity object allow for the tracking of recurring payments and can be used to manage subscriptions effectively. By activating schedules, Cloud Kicks can set up payment schedules for subscribers, whether they make a single payment or pay weekly, monthly, or quarterly. The schedules can capture payment dates, amounts, and frequencies, enabling accurate tracking and reporting of subscription revenues and payments.

In summary, option D is the most suitable solution as it leverages schedules on the Opportunity object to effectively track and report subscriptions for Cloud Kicks' Shoe of the Month club.