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Grandfathered Subscription Pricing - Can I lock in current prices?

I will want to raise subscriptions frequently over time, but only for new members.

If I raise the price of a subscription product, presumably all members will renew at the new rate, is that correct?
How can I lock in pricing for existing members?

Shahjahan Jewel

By default the subscriptions are grandfathered.

Nicolai

Thank you Shahjahan Jewel, that is very good to know. How does one raise prices on existing subscribers?Β