Context
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Solution
We are introducing a dynamic pricing batch in order to be able to set which rate type needs to be applied depending the level of quota that remains on selected timeslots (percentage or fixed value). This new batch will let you setup a dynamic pricing strategy based on the remaining availability
(congestion model)to optimize the revenue generated by your institution and reduce the congestion on highly demanded timeslots. The new batch works for timeslot based product families. So you will be able to define an automatic rate change for visit passes and timeslot passes.
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Product families supported
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If you the price of the desired timeslot is higher the visitor will have to pay the difference.
Getting started
- Create all the rate types you want to be able to apply to your timeslots.
- In the product configuration, you need to pre-define all the prices that corresponds to the rate type regarding this products.
- On the timeslots, you can select the rate that will be used to defined the price of the product-timeslot combination the visitor will purchase.
- Create a "dynamic prices for timeslots" batch
- Select the range timeslots on which the batch should apply the rules you will setup next.
- Set the dynamic pricing rules you want to apply. The rules will define which rate type will be applied depending on the quota still available.
- The batch will now run and automatically change the rate type applied on the range of timeslots you have selected in step 3. above.
- As the rate type is changing, the price presented to the customer are too.
Dynamic pricing for timeslots setup screen
Setting the limit when a rate type needs to be changed
Important informations
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Dynamic pricing for timeslots setup screen
Setting the limit when a rate type needs to be changed
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Product families supported
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What happens when the visitor has purchased for price A, and then I want to change the timeslot (knowing that the price has changed in the meantime) ? If you the price of the desired timeslot is higher the visitor will have to pay the difference |
Examples
OPTIONAL - Show some example use in actual customer use cases, or other relevant information. |