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4 results for "dynamic pricing"

Control Classes Nestings

Control Classes integrate (optionally) with an external Revenue Management System (RMS) which governs how many tickets can be sold at each pricing level for each trip segment. This enables dynamic revenue optimization: the RMS decides how many seats are available at each price tier, and Betterez enforces those limits during the purchase flow.

Control Classes are a pricing and inventory management feature in Betterez that allows operators to define hierarchical pricing levels for ticket sales. Through a tree-based structure of classes, operators can create fine-grained pricing rules that respond to purchase characteristics such as sales channel, fare type, seat class, brand, and how far in advance a ticket is purchased.

pricinginventorycontrol classesnestings

Using promo codes

  • Promos are recalculated for ticket changes. This means that when doing a ticket change, the current price will be pulled, and the promo will be applied over this new price. (Keep this in mind for Dynamic Pricing).
  • Promos are recalculated for ticket changes. This means that when doing a ticket change, the current price will be pulled, and the promo will be applied over this new price. (Keep this in mind for Dynamic Pricing).
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