Salesforce Certified CPQ Specialist Practice

The "Renewal Model" field on a Subscription Product is designed to determine how the product is managed during the renewal process. This encompasses the specifics of transitioning a subscription at the end of its term, which may include factors such as whether the subscription automatically renews or requires active confirmation, what terms will apply at renewal, and how any pricing adjustments are made based on the customer's renewal status or history.

By clearly defining the renewal process, businesses can ensure that subscribers receive consistent communication regarding their subscriptions and avoid potential lapses in service. The management of renewal specifics is crucial for maintaining customer satisfaction and reducing churn, making the Renewal Model field an essential component in subscription-based offerings.

The other options, while relevant to different aspects of subscription management, do not capture the core function of the Renewal Model field as accurately as how it structures the handling of the renewal itself.