Cloud Kicks wants to utilize Opportunities to report and track subscription to its 'Shoe of the Month' club. Subscribers can pay in full (all at one time), weekly, monthly, or quarterly.
Which solution should the Consultant recommend to meet Cloud Kicks' needs?
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A. B. C. D.B
To meet Cloud Kicks' needs of reporting and tracking subscriptions to its "Shoe of the Month" club, the Consultant should recommend configuring the use of contracts with a lookup to the Opportunity object. Therefore, the correct answer is option C: Configure the use of contracts with a lookup to the Opportunity object.
Here's a detailed explanation of why this is the recommended solution:
Enable schedules on the Opportunity object (Option A): Enabling schedules on the Opportunity object allows for scheduling payments or tracking recurring revenue, but it doesn't directly address the requirement of tracking subscriptions for the "Shoe of the Month" club. It focuses more on payment schedules rather than subscription management.
Enable schedules on the Product object (Option B): Enabling schedules on the Product object allows for scheduling installment payments for a specific product. However, this option doesn't address the need to track subscriptions or the different payment frequencies (weekly, monthly, quarterly) associated with the "Shoe of the Month" club.
Configure the use of contracts with a lookup to the Opportunity object (Option C - Correct Answer): This option involves utilizing contracts and associating them with the Opportunity object. Contracts provide a structured way to manage subscriptions and related terms and conditions. By configuring the use of contracts with a lookup to the Opportunity object, Cloud Kicks can create contracts for each subscription and link them to the corresponding Opportunity. The contracts can include information about payment frequencies, subscription durations, and other terms specific to the "Shoe of the Month" club.
Configure the use of assets with a lookup to the Opportunity object (Option D): Assets are typically used to represent tangible products or items that customers own or have purchased. While assets can be used to track the ownership of specific products, they are not directly suited for managing subscriptions or recurring payments.
In summary, the recommended solution is to configure the use of contracts with a lookup to the Opportunity object (Option C) because contracts provide a comprehensive way to manage subscriptions, terms, and payment frequencies associated with Cloud Kicks' "Shoe of the Month" club.