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PLAYBOOK GUIDE

Pricing Plans & Purchase Terms:

A Best Practice Guide for Cohort Based Programs

Business colleagues discussing together with ipad
Woman using ipad with pricing plan overlays

How to Structure Your Cohort Program Pricing in Guroo Academy

This guide covers how to structure pricing plans and purchase terms in Guroo Academy for cohort-based programs with a fixed start date. Start-anytime online courses require a different approach and are covered separately.

 

The guidance here applies to programs where all participants begin on the same date – including face-to-face leadership programs, blended cohorts, and live online bootcamps.

 

A worked example is used throughout: a New Leader Program, a multi-week cohort designed for people stepping into their first management role. The guide covers seven pricing plans, recommended price points, and the purchase terms that should sit behind each one.

THE FOUR PRICING TOOLS – AND HOW THEY WORK TOGETHER

Before we get into the best practice pricing plans, let's make sure we're working from the same definitions. There are four tools in Guroo Academy that work together to manage how customers buy from you, and understanding what each one does (and doesn't do) is the foundation of everything we're about to cover.

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Purchase plans
Document with dollar sign icon
Purchase terms
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Multiseat team discounts
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Discount codes
WHAT IS A PURCHASE PLAN?

A purchase plan is the core pricing configuration for a program. It defines the price a customer pays, who can see it and when it's available. You can have multiple purchase plans attached to the same program — so the same New Leader Program can simultaneously have an early bird plan, a standard plan, a premium flex plan, and a corporate partner plan, alumni plan and staff plan, all visible to the right buyers at the right time.

To use an airline analogy, think of purchase plans as your seat classes. Just like an airline has economy, premium economy, and business class all on the same flight, your purchase plans let you offer different prices and conditions to different buyers without managing separate programs or running manual processes.

Purchase plan interface with discount codes listed

Seven Pricing Plans to Consider

For a cohort-based program such as a New Leader Program, seven distinct pricing plans are worth considering. Each serves a different commercial purpose and targets a different type of buyer.

They are:

1

Early Bird — to generate demand, test the market and get things started

2

Standard — your core “advertised” price

3

Flexible — for premium customers who want the flexibility to change cohorts

4

Package — bundled with online learning and other high margin add ons for higher yield

5

Corporate Partner — for organisations making a volume commitment

6

Alumni — loyalty pricing for returning participants

7

Staff Plans — for large institutions selling seats to other departments or faculties

Each one serves a different commercial purpose. Let's work through them.

Plan 1 — EARLY BIRD

The commercial purpose: Create momentum and test demand as you kick off sales.

Early bird pricing isn't just a nice gesture to people who book ahead. Used correctly, it's a demand signal. If you launch and your early bird seats don't fill, you have a problem worth knowing about early — not two weeks before the program starts.

Suggested price point: 20% below your standard price. Enough to create genuine urgency. Not so much that it undermines the perceived value of your program.

So if your New Leader Program is priced at $2,500 standard, your early bird sits at around $2,000.

Set your early bird plan with an end date — either a fixed calendar date, or use the "until X days before enrolment close" option. Either works. The key is that when the early bird period ends, it's gone. Don't extend it, it annoys people who got in early.

Fix the number of early bird places you'll sell — typically not more than 25% of your cohort capacity. This protects your average yield.

This is the critical piece most providers get wrong. Early bird pricing should come with the strictest conditions of any plan. You've given them a discount in exchange for an early commitment. That commitment needs to mean something.

Bird on Branch

Recommended terms:

  • No transfers, withdrawals or refunds or at most a 50% fee and residual stored as credit for a future program.

  • No substitutions 

  • If you do offer transfers make it with at least 60 days notice to give give you plenty of time to resell the seat 

  • No multi-seat discounts

Conclusion

Team Collaboration Meeting

Setting up your pricing plans and associated terms is critical to managing your profitability and revenue and Guroo Academy lets you store these in reusable libraries so you only need to do it once. It’s worth taking a little time to plan your pricing strategy and set things up properly. 

If you have any questions about how best to apply this to your situation , you can reach out to our team. 

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