Are you struggling to decide whether a flexible pricing strategy could be the secret ingredient your WooCommerce store needs?
You’re not alone. As competition increases, many online store owners are moving beyond simple fixed pricing and exploring innovative models like “Offer Your Price.”

At the heart of this shift lies two powerful plugins: WooCommerce make an offer and make an offer for WooCommerce. These tools allow customers to suggest a price, and you — the seller — have the option to approve, counter, or reject offers.

Today, we’ll explore fixed pricing vs. making an offer and help you decide which strategy can maximize your profits and improve customer engagement. We'll also take a deep dive into the amazing features of Extendons' "Offer Your Price for WooCommerce" plugin.

What is Fixed Pricing?

Fixed pricing is exactly what it sounds like — you set a product price, and customers either pay it or leave it.
There’s no negotiation involved. It's simple, fast, and easy for both store owners and customers.

???? Pros:

• Simplicity

• Predictable profit margins

• Easy customer experience

???? Cons:

• Limited flexibility

• Missed sales opportunities, especially with budget-conscious customers

What is "Make an Offer" Pricing?

"Make an Offer" pricing introduces flexibility into the selling process.
Instead of rigid prices, you let customers suggest their own price. You can then approve, reject, or counteroffer.

With solutions like WooCommerce make an offer or make an offer for WooCommerce, sellers and buyers engage in a mini-negotiation — boosting engagement and satisfaction.

???? Pros:

• Higher engagement and conversion rates

• Ability to clear out slow-moving stock

• Personalized shopping experience

???? Cons:

• Takes more time to manage

• May need careful monitoring to maintain profit margins

Introducing Offer Your Price for WooCommerce by Extendons

If you want a professional, smooth experience for both you and your buyers, you’ll love the Offer Your Price for WooCommerce plugin by Extendons.

This powerful tool offers full control over customer offers and negotiation processes:

Key Features:

• Display a Make an Offer button on product and shop pages

• Approve, reject, or counter offers easily from your dashboard

• Restrict offer capabilities to specific user roles or guest users

• Send customized emails after offer approval or rejection

• Create automatic discount coupons for accepted offers

• Customize button styles and popups for a seamless design match

Imagine customers browsing your store and seeing a "Make an Offer" button, feeling empowered to suggest a price. You get to review the offers and strike a deal that works for both parties!

Benefits of Using WooCommerce Make an Offer

Let’s break down how WooCommerce make an offer strategies can supercharge your store:

1. Higher Conversion Rates

Allowing customers to negotiate makes them feel valued. It can often nudge undecided buyers toward completing a purchase.

2. Move Unsold Inventory

Use make an offer for WooCommerce options on slow-moving products to clear stock faster without publicly lowering your prices.

3. Build Customer Loyalty

Negotiation builds a relationship between the buyer and seller, leading to repeat customers.

4. Greater Flexibility

You stay in control. Approve offers, counter, or decline — whatever suits your pricing strategy.

Advantages of Fixed Pricing

Fixed pricing still has its merits and works particularly well in certain scenarios:

1. Fast Checkout

Customers know what they’re paying immediately — no delays or waiting for offer approvals.

2. Brand Image

Fixed pricing often works better for luxury or premium brands that want to maintain a high-end image.

3. Consistent Profits

No negotiations mean no surprises for your revenue.

Offer Your Price vs Fixed Pricing: A Detailed Comparison

When to Use Offer Pricing and When to Stick to Fixed Pricing

✅ Use Offer Your Price if:

• You’re selling clearance, second-hand, or perishable goods

• You want to boost engagement and build relationships

• You have a flexible pricing strategy

✅ Use Fixed Pricing if:

• You run a premium or high-end brand

• You sell digital products with standard pricing

• You want predictable revenue

FAQs About WooCommerce Make an Offer

Q1. Can guests make an offer without creating an account?
???? Yes! Offer Your Price for WooCommerce allows guest users to submit offers easily.

Q2. Can I restrict offers to specific products?
???? Absolutely. You can enable the Make an Offer button for selected products or entire categories.

Q3. Will customers know if their offer is accepted or rejected?
???? Yes, the plugin sends personalized email notifications for every offer action.

Q4. Can I create discount coupons for accepted offers?
???? Yes! The plugin lets you generate unique discount coupons for approved offers.

Q5. Is it possible to set an expiry date for offer-based coupons?
???? 100%! You can set expiration dates, usage limits, and quantity restrictions on coupons.

Conclusion: Which Model Wins for WooCommerce?

There’s no one-size-fits-all answer.
If you want fast transactions and a premium brand image, stick with fixed pricing.
But if you're aiming for better customer engagement, faster inventory turnover, and personalized sales experiences, you should definitely explore WooCommerce make an offer strategies with Extendons' "Offer Your Price for WooCommerce" plugin.

In today's competitive market, giving customers a voice in pricing could be the game-changer your WooCommerce store needs!