{"id":9573394120978,"title":"ProfitWell Update a Plan Integration","handle":"profitwell-update-a-plan-integration","description":"Updating a plan using the ProfitWell API endpoint is an important function that allows you to modify the details of an existing subscription plan within your ProfitWell account. Subscription-based businesses can utilize this endpoint to keep their billing and subscription metrics accurate and up-to-date, which is crucial for understanding financial performance and making informed business decisions.\n\n\u003ch2\u003eUsage of the Update a Plan Endpoint\u003c\/h2\u003e\n\nThis endpoint is typically used to update various aspects of a plan, such as:\n\n\u003cul\u003e\n \u003cli\u003eName of the plan\u003c\/li\u003e\n \u003cli\u003ePricing information\u003c\/li\u003e\n \u003cli\u003eBilling intervals (e.g., monthly, yearly)\u003c\/li\u003e\n \u003cli\u003eAdd-ons or discounts associated with the plan\u003c\/li\u003e\n \u003cli\u003ePlan quotas or feature sets\u003c\/li\u003e\n\u003c\/ul\u003e\n\nTo update a plan, you would send a request to the API endpoint with the necessary parameters containing the updates you wish to make. Below is a concept of how the request might look:\n\n\u003cpre\u003e\nPUT \/api\/v2\/plans\/{plan_id}\nContent-Type: application\/json\nAuthorization: Bearer {YOUR_API_KEY}\n\n{\n \"name\": \"New Plan Name\",\n \"price\": 999,\n \"interval\": \"monthly\",\n \"features\": [\"24\/7 Support\", \"Unlimited Storage\"],\n \"value_metric\": \"active_users\"\n}\n\u003c\/pre\u003e\n\nIt's important to note that you would need to replace {plan_id} with the actual ID of the plan you want to update and {YOUR_API_KEY} with your real API key. Make sure to secure your API key and not expose it in client-side code.\n\n\u003ch2\u003eProblems That Can Be Solved\u003c\/h2\u003e\n\n\u003cul\u003e\n \u003cli\u003e\n\u003cstrong\u003eProduct Iterations:\u003c\/strong\u003e As your product or service evolves, you may change your pricing strategy or the features included in different plans. Using the update endpoint ensures that these changes are reflected in your profit and analytics reporting.\u003c\/li\u003e\n\n \u003cli\u003e\n\u003cstrong\u003eCurrency Adjustments:\u003c\/strong\u003e If you're operating in multiple countries, currency fluctuations could necessitate changes to your plan pricing. The update endpoint allows for quick adjustments to maintain revenue stability.\u003c\/li\u003e\n\n \u003cli\u003e\n\u003cstrong\u003eCorrection of Errors:\u003c\/strong\u003e If you notice a discrepancy in your billing or subscription data, you can correct it via the endpoint, ensuring accurate financial reporting.\u003c\/li\u003e\n\n \u003cli\u003e\n\u003cstrong\u003ePromotional Changes:\u003c\/strong\u003e Limited-time promotions or adjustments to existing subscribers' plans can be managed through the API, helping you to respond quickly to market conditions or customer feedback.\u003c\/li\u003e\n\n \u003cli\u003e\n\u003cstrong\u003eCompliance and Adjustments:\u003c\/strong\u003e Regulatory changes or new tax laws may require immediate updates to your billing practices. The API allows for swift compliance with such legal requirements.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch2\u003eConclusion\u003c\/h2\u003e\n\nBy using the ProfitWell \"Update a Plan\" endpoint, your subscription business can remain agile and responsive to both internal strategy and external market pressures. It facilitates accurate tracking of financial data and ensures that your subscription metrics reflect the actual state of your offerings. This flexibility and data integrity is indispensable for sustaining growth and optimizing recurring revenue streams.","published_at":"2024-06-09T11:35:34-05:00","created_at":"2024-06-09T11:35:35-05:00","vendor":"ProfitWell","type":"Integration","tags":[],"price":0,"price_min":0,"price_max":0,"available":true,"price_varies":false,"compare_at_price":null,"compare_at_price_min":0,"compare_at_price_max":0,"compare_at_price_varies":false,"variants":[{"id":49480434417938,"title":"Default Title","option1":"Default Title","option2":null,"option3":null,"sku":"","requires_shipping":true,"taxable":true,"featured_image":null,"available":true,"name":"ProfitWell Update a Plan Integration","public_title":null,"options":["Default Title"],"price":0,"weight":0,"compare_at_price":null,"inventory_management":null,"barcode":null,"requires_selling_plan":false,"selling_plan_allocations":[]}],"images":["\/\/consultantsinabox.com\/cdn\/shop\/files\/60a7edff9986ddde83d90c4401b0e35d_4cfbdee6-7011-49a9-bffd-8a05898834eb.png?v=1717950935"],"featured_image":"\/\/consultantsinabox.com\/cdn\/shop\/files\/60a7edff9986ddde83d90c4401b0e35d_4cfbdee6-7011-49a9-bffd-8a05898834eb.png?v=1717950935","options":["Title"],"media":[{"alt":"ProfitWell Logo","id":39637281767698,"position":1,"preview_image":{"aspect_ratio":5.357,"height":280,"width":1500,"src":"\/\/consultantsinabox.com\/cdn\/shop\/files\/60a7edff9986ddde83d90c4401b0e35d_4cfbdee6-7011-49a9-bffd-8a05898834eb.png?v=1717950935"},"aspect_ratio":5.357,"height":280,"media_type":"image","src":"\/\/consultantsinabox.com\/cdn\/shop\/files\/60a7edff9986ddde83d90c4401b0e35d_4cfbdee6-7011-49a9-bffd-8a05898834eb.png?v=1717950935","width":1500}],"requires_selling_plan":false,"selling_plan_groups":[],"content":"Updating a plan using the ProfitWell API endpoint is an important function that allows you to modify the details of an existing subscription plan within your ProfitWell account. Subscription-based businesses can utilize this endpoint to keep their billing and subscription metrics accurate and up-to-date, which is crucial for understanding financial performance and making informed business decisions.\n\n\u003ch2\u003eUsage of the Update a Plan Endpoint\u003c\/h2\u003e\n\nThis endpoint is typically used to update various aspects of a plan, such as:\n\n\u003cul\u003e\n \u003cli\u003eName of the plan\u003c\/li\u003e\n \u003cli\u003ePricing information\u003c\/li\u003e\n \u003cli\u003eBilling intervals (e.g., monthly, yearly)\u003c\/li\u003e\n \u003cli\u003eAdd-ons or discounts associated with the plan\u003c\/li\u003e\n \u003cli\u003ePlan quotas or feature sets\u003c\/li\u003e\n\u003c\/ul\u003e\n\nTo update a plan, you would send a request to the API endpoint with the necessary parameters containing the updates you wish to make. Below is a concept of how the request might look:\n\n\u003cpre\u003e\nPUT \/api\/v2\/plans\/{plan_id}\nContent-Type: application\/json\nAuthorization: Bearer {YOUR_API_KEY}\n\n{\n \"name\": \"New Plan Name\",\n \"price\": 999,\n \"interval\": \"monthly\",\n \"features\": [\"24\/7 Support\", \"Unlimited Storage\"],\n \"value_metric\": \"active_users\"\n}\n\u003c\/pre\u003e\n\nIt's important to note that you would need to replace {plan_id} with the actual ID of the plan you want to update and {YOUR_API_KEY} with your real API key. Make sure to secure your API key and not expose it in client-side code.\n\n\u003ch2\u003eProblems That Can Be Solved\u003c\/h2\u003e\n\n\u003cul\u003e\n \u003cli\u003e\n\u003cstrong\u003eProduct Iterations:\u003c\/strong\u003e As your product or service evolves, you may change your pricing strategy or the features included in different plans. Using the update endpoint ensures that these changes are reflected in your profit and analytics reporting.\u003c\/li\u003e\n\n \u003cli\u003e\n\u003cstrong\u003eCurrency Adjustments:\u003c\/strong\u003e If you're operating in multiple countries, currency fluctuations could necessitate changes to your plan pricing. The update endpoint allows for quick adjustments to maintain revenue stability.\u003c\/li\u003e\n\n \u003cli\u003e\n\u003cstrong\u003eCorrection of Errors:\u003c\/strong\u003e If you notice a discrepancy in your billing or subscription data, you can correct it via the endpoint, ensuring accurate financial reporting.\u003c\/li\u003e\n\n \u003cli\u003e\n\u003cstrong\u003ePromotional Changes:\u003c\/strong\u003e Limited-time promotions or adjustments to existing subscribers' plans can be managed through the API, helping you to respond quickly to market conditions or customer feedback.\u003c\/li\u003e\n\n \u003cli\u003e\n\u003cstrong\u003eCompliance and Adjustments:\u003c\/strong\u003e Regulatory changes or new tax laws may require immediate updates to your billing practices. The API allows for swift compliance with such legal requirements.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch2\u003eConclusion\u003c\/h2\u003e\n\nBy using the ProfitWell \"Update a Plan\" endpoint, your subscription business can remain agile and responsive to both internal strategy and external market pressures. It facilitates accurate tracking of financial data and ensures that your subscription metrics reflect the actual state of your offerings. This flexibility and data integrity is indispensable for sustaining growth and optimizing recurring revenue streams."}

PUT /api/v2/plans/{plan_id}
Content-Type: application/json
Authorization: Bearer {YOUR_API_KEY}

{
  "name": "New Plan Name",
  "price": 999,
  "interval": "monthly",
  "features": ["24/7 Support", "Unlimited Storage"],
  "value_metric": "active_users"
}