Here you can find further important information on pricing strategies and application examples
Functions
Price strategies overwrite the minimum and maximum prices from the rate settings and have a higher priority.
There are two different types
- Pricing strategy: Season
- Pricing strategy: Event
They are stored as event categories and can be customised by colour. Price strategies for events have the highest priority and a strategy can be stored for each day, per type.
The colours can be changed under ‘Event categories’ in the settings:
Pricing strategies vs. events
Examples of the use of pricing strategies
- A seasonal pricing strategy for an entire year with a higher minimum and maximum price for the weekend
- A seasonal pricing strategy for the low season with a lower maximum price
- A pricing strategy for an event to set the minimum price significantly higher than on normal days.
- Set possible price increases for the new year with pricing strategies. It is suitable to increase the minimum prices here.