There are two ways to offer discounts for longer-term time commitments:
Under Price, input the total discounted price and adjust the number of months
Select Hidden Plan if only admins should adjust the plan (available upon request), or leave Hidden Plan unchecked if you would like members to be able to sign-up for it directly.
If you are doing a customization of payment terms for just a few members, or negotiating each rate individually - we recommend customizing their existing plan.
The first option of an additional plan will allow you to track the memberships in each type of plan seperately.
The second option of customizing an existing plan, will give the member a plan with a custom cost/payment cycle but the member will be considered on the original plan for analytics purposes.