Automating Recurring Client Payments for Marketing Services

[00:00:00]hey guys children here in this video today we're gonna be going through how to set up monthly recurring payments for your social media marketing clients we're gonna jump into the Mac for this one but first things first before we do like comment subscribe turn that notification Bell on and let's get started with this video okay let's jump straight into the video so taking payments for your clients is something that causes a lot of debate within the social media marketing space whether you should send invoices every month and they transfer into your business account or whether you should set them up and the payments be automatically coming under thank you and every single month now there there are pros and cons to both now first of all with all of my clients for a very long time I've been sending out invoices towards them and they have been sending me or just sending me the money into my business account manually every single month now I've changed this very recently to automatic payments and I do that for one reason when you send an invoice to clients and they pay you manually they question your service every single time that they receive an invoice through the post or invoice for a email so they look in a bid thing at all thousand pounds us a lot of money but I transferred to pend better transfer Jordan I need to pay him this month whereas if it was automated they're less likely to be processing it less likely to be thinking about it every single month although of course I'm giving all of my clients a good service every month they're questioning themselves their questions they're having to reconfirm that in their head every single time they get an invoice from me now the only way I can explain that if you guys have got a Netflix you subscribe to Netflix for instance or or YouTube premium or Apple music you don't worry about that monthly payment coming out every month in fact you can probably go six months by maybe you haven't even used Netflix but you're not questioning whether you need the service or not because the money's just coming out of your bank account automatically just like your gym membership that you haven't been using for the last year whereas if your gym sent you an invoice every single month you'd be questioning whether you need that service or not okay so that's why it's good to set up automated payments and there are two ways that you can set them up very very easily one is PayPal and one is stripe okay both our payment processing platform is PayPal pretty much everyone's familiar with and stripe is another online and payment processor so you can make an account on either of those it's completely free to do so but what you want is a PayPal business account which is pretty easy to set up and I've logged in on on one of mine here today so what you want to do is when you go over to PayPal let's jump straight into it and I'll just tell you how to do it no fluff you just want to know how to set these payments so let's just jump into it so we want to go over to tools and onto all tools and so this is from the PayPal data dashboard you just logged in tools all tools are going to bring you to this page here you're then gonna click on PayPal button so bear in mind you just signed up client and you want to set them up so you want to go on to PayPal buttons open this if it's working are we loading we are loading okay and we want to create a button this button here on the right hand side create new button my Internet's been awfully slow today now we want to go over to choose a button type we want to go to subscriptions I don't know if you guys can see this if this is zoomed in enough so I'll zoom in there for you when I go to choose a button type subscriptions item name and let's do this let's say it's a restaurant for instance and we want to do steak house limited social media service let's just just call that item that for whatever reason this is what's going to appear on the invoice and billing amount each cycle let's say we've signed them up for 1,500 pounds per month billing cycle one month and how many cycles should I stop billing if you signed like a free month contract you could set it's free months I generally just have these as never so it's just a monthly reoccurring subscription are you offering at free trial so let's say you're offering a free trial for your client you're doing a two week free trial which you shouldn't be doing an official first client and but you can put 0 there so 0 free trial for I don't know two weeks and there go so that would not charge them for the first two weeks that were charged in one person five hundred thereafter now all you want to do very simply is just click create button it's gonna generate here a link for us who want to go on email here and take this link now if we just paste this into our browser so we can see that this is what it's going to bring us to so steak house limited so this is what its gonna take our clients see when we send them this link steakhouse limited social media service one thousand pounds but one thousand five hundred pounds per month for each month and they're gonna either log in via PayPal they're gonna subscribe by their pay at their credit or debit card and this is going to invoice them every single month it's gonna automatically take that payment from their account so we don't have to worry about it and we don't have to invoice them so that's how you do this on PayPal and if you want to access your and monthly reoccurring payments we have to do is just go into tools all tools not send money we want to go over to reoccurring payments and I'll have a list of all of your clients and your monthly payments so let's close that and go over to stripe okay now I'm not going to go on my dashboard because this is actually a live account of mine and this is not my my agency account but it is for my course outs but what you want to do is you want to go over to stripe you want to make an account very very simply you just make just put in your email address make a password and you're pretty much set up answer some questions about your business and then you're good to go now when you have your stripe account logged in you want to go over to the so let's to say you want to set up a brand new customer when they go over to customers on the left hand side here create your first customer and let's just put my email address in there and we're gonna call this I don't know and steak house restaurant that's not a steak house okay crate customer now we've stripe you cannot send them a link so you have to be sitting with your client whilst you're doing this or at least you can set it to happen and be sitting with your client on your kickoff meeting because you're gonna need their card details you're gonna need them to input your card details if they're comfortable sending your over their card number that's great but if not you want to be sitting with your client with your laptop and be able to go through this with them so you want to put their card number in here add to their card to the account here and you then have them set up as a customer on your stripe excuse me now what you want to do is go over to billing and go over to products now I just made up or just made a product there which is a test but let's just make a new one so we want to make a new product and we want to call this certain those social media marketing service okay create this product and that's all good it's just just add okay this is what we want to do so we want to go over to my mistake so I confuse myself so once we have created this product we want to create our first pricing plan for this product so this is going to be our first and clients so we want to do steak house restaurant so we're going to call it our nickname it's a monthly reoccurring quantity choose your currency and no there's no multiple tiers and price so what we say that was 1500 per month building interval monthly and there's no trial periods but you can do the same on here and okay billing subscribe to one unit will be billed for it to start them up so add pricing plan so now this service our social media marketing service has one pricing plan now if you want to add more pricing plans on here so you're charging of course from social media marketing which aren't all of our clients different prices so let's say we've got a new client and who is the gym group and we charged them 2000 a month you can just add a new pricing plan click Add pricing plan and so on and so forth and you can just do that by adding a pricing plan now let's go back onto our products again ignore this one I just made that earlier social media marketing service I mean that we then have all our clients here with their different pricing pricing plans so we want to go over to customer you want to choose that customer okay this is our clients email address that we're putting in here and we're going to add a subscription so this is going to add this monthly payment to do our accounts we're going to click add subscription add product social media marketing service and this is the Steakhouse restaurants and that's what we're going to choose and obviously it's gonna we need their card details input today so it's saying at the minute we have to add a valid payment method and I'm gonna hit start subscription and that is all you need to do to to charge this con okay so you're just going to hit submit start subscription and that subscription is going to be on that customers account now so you're going to have their card details on here that subscription is going to be listed here and they're going to be charged every single month for your service now you can do this on stripe you can do this on on Pay Pal whatever payment platform you want to it's completely your choice now the pros and cons of both Pay Pal you can just send them a link and it'll automatically and automatically set them up but stripe you have to be sitting in front of them and you have to you have to setup their card details so that is yeah that's it guys that is how you set up monthly reoccurring payments for your clients without having to worry about invoicing them it will automatically invoice them every single month it'll automatically take that payment from their credit or debit card and you don't have to worry about it they won't be questioning your service every month and yeah that's how you can get set up if you have any questions drop me a message on Instagram and I'll be back again I'll be doing a video tomorrow as well so a bit of a bonus one for you today if you like this video please do share it with someone who would get value from it and as usual if you're not subscribed already hit that subscribe button turn them notification bells on and I'll be back again tomorrow cheers guys