Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Insert excerpt
Dynamic Pricing
Dynamic Pricing
nopaneltrue

...

1. POS Tasks

1. Follow the POS standard product setup requirements from Configuration: PRoduct Shell.

Status
colourRed
titleRequired

  • If you are selling these products onsite, you’ll want to set up pricing for these products so that you can leverage whatever demand based pricing your POS makes available for on-site sales (i.e. Pricing Seasons in RTP|One)

Status
colourYellow
titlePrerequisite

2. Aspenware Commerce Tasks

  • 1. Configure Core product

    Status
    colourRed
    titlerequired

    1. Add “Start Date” attribute with

    2. Text Prompt: [Date] [Dynamic]

    3. Control Type: Set to Date picker

    4. Is required: Selected

  • Generate attribute combinations and check to make sure the attribute combination table is perfect before beginning pricing activities

    Status
    colourRed
    titlerequired

  • If utilizing the Large calendar view, add “[Pricing Calendar]” Text prompt to required attributes

    Status
    colourBlue
    titleoptional

  • 2. Add product classification(s)

    1. ‘Is Dynamically Priced’

      Status
      colourRed
      titlerequired

    2. 'Is consecutive multi-day' if using inventory pools and the product has multi-day options

      Status
      colourBlue
      titleoptional

    3. ‘Show pricing Calendar view’ if using the pricing calendar display

      Status
      colourBlue
      titleoptional

Note

IMPORTANT: Non-consecutive date selection products cannot have dynamic pricing.

  • 3. Additional commonly utilized setup

    1. Setup inventory pools if adding inventory to products

      Status
      colourBlue
      titleoptional

    2. Add reloadable media

      Status
      colourBlue
      titleoptional

    3. Setup cutoff days/time if preventing purchase x days or hours prior to start

      Status
      colourBlue
      titleoptional

  • 4. Install Dynamic Pricing v2 plugin

    Status
    colourRed
    titlerequired

Status
colourYellow
titlePrerequisite

Language String and Settings -

Status
colourBlue
titleoptional

Settings

  • 'catalogsettings.dynamicpricingcalendar.pricingcountmessagethreshold' - on the pricing calendar, the remaining quantity left at the pricing tier will be shown if the quantity left is below this defined threshold.

    Status
    colourBlue
    titleoptional

  • catalogsettings.dynamicpricingcalendar.inventorymessagethreshold - on the pricing calendar, the remaining inventory left in the POS will be shown if the inventory left is below this defined threshold.

    Status
    colourBlue
    titleoptional

  • seasonsettings.enddate is set to the season end date

    Status
    colourRed
    titlerequired

  • seasonsettings.startdate is a date in the past

    Status
    colourRed
    titlerequired

Language Strings

  • Configure string for for Savings Display on PDP

    Status
    colourBlue
    titleoptional

Status
colourYellow
titleprerequisite

Dynamic Pricing Module Configuration

  • Go to Catalog > Products > Search for product

  • Scroll to Dynamic Pricing section

1. Create Days To Arrival Windows

Status
colourRed
titlerequired

  • Select +DAYS TO ARRIVAL and complete the Name and Days Start Fields.

  • Click Save.

2. Configure Time Period Groups and Time Periods

Status
colourRed
titlerequired

  • Select + CREATE A TIME PERIOD GROUP.

  • Enter the group name (e.g. 21-22 Winter Season).

  • Click SAVE TIME PERIOD GROUP.

  • Assign a Time Period Group (TPG) to the product.

    1. Select + ASSIGN A TIME PERIOD GROUP

    2. Locate and select the TPG select.

    3. Click SAVE.

  • Create a Time Period

    1. Enter a descriptive name (e.g. 21-22 Weekends/Holidays)

    2. Order is assigned automatically.

    3. Select an existing TIME PERIOD GROUP.

    4. Enter a start date and end date for the period.

    5. Click on the DAY OF THE WEEK to apply to the schedule or CLICK ON SPECIFIC DATE IN CALENDAR to add that date.

    6. Select + CREATE TIME PERIOD

3. Define Levels

Status
colourBlue
titleoptional

  • Select+ LEVEL to add a level.

  • Populate the Description with a helpful descriptor, such as ‘15% discount’ or ‘lowest price’, which will be helpful when you are pricing products.

  • Click SAVE.

4. Assign Pricing

Status
colourRed
titlerequired

  • Click on the Pricing Calendar tab to begin applying pricing to the product.

  • Use filters to select different variant combinations, in combination with time periods.

  • Once you have selected your time period, click SET PRICES.

  • The SET PRICES window appears, in a collapsed state, displaying Variant combinations you are pricing.

  • If multiple time periods were selected, you will be required to select a single Time Period to define pricing for. Once the time period is selected, the variants will be selectable.

  • Expand the Base tab by clicking the down arrow, and assign a price. For the BASE only, do not define levels.

  • SAVE.

  • To Price the remaining variant combinations, simply expand each window, and SAVE after assigning prices and any desired Price Levels and Quantities. SAVE after setting each window, then collapse it and expand the next.

  • Click CLOSE when you have finished pricing all the selected Variants.

  • Priced Products display in the calendar, which will also indicate if Tiers have been defined.

  • Use the REVIEW PRICING Tool to help organize pricing of complex products, as well as view sales.

5. Add Dynamic Pricing Savings Display to PDP

Status
colourBlue
titleoptional

  • Go to Configuration > Local Plugins > Dynamic Pricing (not v2)> Configure

    • Uncheck “Hide Original Price” to display the base price as “crossed off” on the PDP.

    • Check“Hide Original Price” if you do not wish display the base price as “crossed off” on the PDP.

Status
colourGreen
titleDetailed Setup

...

Insert excerpt
Prerequisites Tasks Excerpt
Prerequisites Tasks Excerpt
nopaneltrue

POS Tasks

  1. Follow the standard product setup requirements from Configuration: Product Shell.

    1. If you are selling these products onsite, you’ll want to set up pricing for these products so that you can leverage whatever demand-based pricing your POS makes available for on-site sales (i.e. Pricing Seasons in RTP|One)

Commerce Tasks

1. Configure Core Product

  • Install Dynamic Pricing v2 plugin - work with your Aspenware Representative to complete this task. You must be on version 2.20 in order to leverage new dynamic pricing.

  • Configure Core Product

    1. Before dynamically pricing a product, ensure the following is true:

      1. The product is fully set up and prepared for dynamic pricing

      2. The attribute “Start Date” has been added with “[Date] [Dynamic]” added to the Text Prompt field and the control type is “Date picker”.

    2. If utilizing the large pricing calendar view then all required attributes have the Text Prompt [Pricing Calendar]

      Image Modified
    3. All attributes and values are configured on the product, and the product attribute combination table is built out fully and perfectly. Ensure the attribute combination table has all necessary attribute combinations and there are no unnecessary rows or duplicates before proceeding.

      1. If the attribute is required to book the core product, such as Age and Number of Days, it is a Required attribute.

      2. If the attribute is an add-on attribute and does not impact the price or SKU (RTP|One product header) of the core product, it should not be required and should not be present in the attribute combination table. (e.g. An add-on rental to a ticket or lesson should not be required or included in the product attribute combination table).

      3. The SKUs have been entered in the product attribute combination table.

      4. Only combinations that require dynamic pricing display in the combination table. Add-ons should not be included in the combinations. 

Note

IMPORTANT: Any required attributes on products that are dynamically priced CANNOT use the Checkbox control type, use Radio Button control type instead.

...

2. Add Product Classification(s)

  1. Go to Aspenware Commerce > Product Classifications and click Add assignment.

  2. Select the product you created above.

  3. It is required to assign the ‘Is Dynamically Priced’ product classification.

  4. If you’d like to show the large pricing calendar view, scroll to ‘Show pricing calendar view’ and click Assign checkbox.

  5. Optionally if the product has inventory controls and is a multi-day product, you’ll want to allow consecutive multi-day selections. If this is not necessary for your product, skip to the next step.

  6. If you’d like to require consecutive multi-day selection, scroll to ‘Is Consecutive Multi-Day Product’ and click Assign checkbox.

  7. Click Add.

Note

IMPORTANT: Non-consecutive date selection products cannot have dynamic pricing.

...

3. Optional Product Setup

  • Optional Product Setup

    1. The following steps are optional but are commonly used for dynamically priced products.

      1. Set up inventory pools for the product. See Inventory Configuration for instructions.

      2. Add reloadable media for the product. See Pass Media Reload Configuration for instructions.

      3. Set up [Cutoff Days] and/or [Cutoff Time] in specification attributes if you'd like to limit the availability of products within a certain number of days/hours from purchase.

4. Verify Plugin Dynamic Pricing v2 plugin is installed, enabled, and configured

  • Go to Configuration > Local Plugins, search Group ‘Aspenware,’ and verify Dynamic Pricing v2 is installed and enabled.

  • To enable, Edit the plugin, click on “Is enabled

  • Save

...


Settings for this Feature

...

If you are adding the Dynamic Pricing Savings Display to the PDP, you have the ability to show and hide the amount remaining beneath the savings display. Resorts on 2. 16 or later will have the amount remaining automatically enabled. If you care to disable this feature follow the instructions below:

  • Go to Configuration > Languages > Edit

  • Scroll to the bottom and add the language string Resource Name shown in the table below

  • Add the text you would like displayed beneath the price on the PDP in the Value field making sure to keep the {CountRemaining} token which will display the inventory # remaining (in the above example {CountRemaining} = 614

  • Select Add new record.

Resource Name

Value

Location

Example (click to enlarge)

unity.dynamicpricing.inventoryremaining

Only {CountRemaining} left on this date

Shopping Cart

Detailed Setup Guide

  1. Open Product Editor and Expand Dynamic Pricing Section

  2. Create Days To Arrival Windows

  3. Configure Time Period Groups and Time Periods

  4. (Optional) Define Levels

  5. Assign Pricing

  6. (Optional) Add Dynamic Pricing Savings Display to PDP

1. Open Product Editor and Expand Dynamic Pricing Section

To Dynamically Price a product, go to the Product Editor screen (Catalog > Products > Search for product), scroll down to the bottom of the Product Editor screen, and expand the Dynamic Pricing section.

...

2. Create Days to Arrival Windows

  • Click +DAYS TO ARRIVAL and populate the Name and Days Start Fields. Days Start is the number of days from the arrival date when the pricing window will apply. For example, if setting up an ‘outside of 48 hours’ window, set this to 2 and it will apply two days out from the arrival date if there isn’t a more specific (closer to arrival date) level set that applies to the reservation date. 

...

Note

IMPORTANT: The Base window is auto-generated when you create your first Days to Arrival window. Base is set to “0” days to Arrival, but since it is not an actual price, you must also define a Day To Arrival window that includes or equals 0 (Day Of) to avoid $0 products for Day of purchases. Must have “Base” and “Online” both set to 0 at minimum.)

...

  • Save

3. Configure Time Period Groups and Time Periods

...

After the product has initially been set up, there are three options available when you click the TIME PERIODS OR GROUPS BUTTON

...

  • Create a Time Period Group. If a TIme Period Group has already been created for which this product will utilize the same rules, skip this step, and simply assign an existing Time Period Group.

    1. Select + CREATE A TIME PERIOD GROUP, this will be used as a grouping for related Time Periods for example, 21-22 WINTER SEASON would be the Time Period group that will house the following Time Periods: 21-22 Early and Late Season Dates, 21-22 Peak Dates, and 21-22 Off-Peak Dates.

    2. Enter the group name (e.g. 21-22 Winter Season)

    3. Click SAVE TIME PERIOD GROUP

      Image Modified
  • Assign a Time Period Group (TPG) to the product

    1. Select + ASSIGN A TIME PERIOD GROUP

    2. Time Period Groups can be assigned, if they have already been created, but are not currently assigned to this product.

    3. Select Assign Time Period Groups,

    4. Locate and select the TPG select

    5. Click SAVE.

      Image Modified

  • Create a Time Period

    Time periods are the pattern of days that you wish to apply a specific pricing strategy. A time period can be defined by days of the week (Saturday, Sunday) or dates (Monday, September 6), or a combination of both.

    1. Enter a descriptive name (e.g. 21-22 Weekends/Holidays)

    2. Order is assigned automatically.

    3. Select an existing TIME PERIOD GROUP (you cannot SAVE without assigning a Time Period Group., so be sure you have defined the group before defining the period or assigned an existing TPG to the product.)

    4. Enter a start date and end date for the period (this can correspond with your season, or go far out into the future, depending on what you are building)

    5. Click on the DAY OF THE WEEK to apply to the schedule or CLICK ON SPECIFIC DATE IN CALENDAR to add that date.

    6. Use the calendar widget to deselect highlighted days that follow the rules defined above to remove them from the season, or to select days that do not follow the rules defined above to add them to the season. Ultimately the days that get added to the Time Period will be the dates that are highlighted on the calendar. In the example below, because Sept 6 is selected, even though it does not follow the pattern of Sat/Sun dates between 8/17 - 10/31, it will be included in the Time Period’s set of dates.

    7. Select + CREATE TIME PERIOD

    8. Repeat for all Time Periods that will be added to the Time Period Group.

HINT: Time Period Groups and Time Periods can easily be shared across products.

...

Tiers offer the opportunity to sell various amounts of inventory at different prices, on the same day. Some resorts use tiers to attract attention with dramatically reduced prices on only a few tickets, known as loss-leaders, while others choose to sell all products at the same price, and choose to not define or use tiers.

  • Click + LEVEL to add a level. Levels are automatically Named (Tier 1, Tier 2) in the order they are produced and are consumed starting with the lowest Tier (1) and ending with the highest.

  • Populate the Description with a helpful descriptor, such as ‘15% discount’ or ‘lowest price’, which will be helpful when you are pricing products.

  • Click SAVE.

...

Info

NOTE: If you are using multiple Arrival Windows and defining tiers for multiple Arrival Windows, tiers always have their own individual available quantities for each Arrival Window. So if the ‘48 hours in advance’ Arrival window for a date sells out through Tier 1 and begins selling into Tier 2, once the ‘Day of pricing' Arrival window kicks in, it will start selling back at Tier 1.

If you use tiers and multiple Arrival Windows, it is not required (or even recommended) to define tiers for each Arrival Window. In fact, it is most common to only define tiers for a single “further out” arrival window. For example, tiers might be configured on the ‘7 days out’ arrival window, but not for the ‘Day of pricing' or 48 hours in advance' Arrival Windows, which will likely only have one configured “list price” within their window.

5. Assign Pricing

  • Click on the Pricing Calendar tab to begin applying pricing to the product.

  • Use filters to select different variant combinations, in combination with time periods.

  • In the example, 5 & Under, with the defined DAYS TO ARRIVAL of “10 Days Out” and “A Week Out” are selected.

  • The Variants you have selected are displayed on the right, and you can select a single time period or multiple time periods to price. Once you have selected your time period, click SET PRICES

Note

IMPORTANT: Base pricing is required and if not configured may cause unwanted product behavior. Base pricing is also never used as a selling price.

...

  • Expand the Base tab by clicking the down arrow, and assign a price. For the BASE only, do not define levels.

  • SAVE.

...

  • To Price the remaining variant combinations, simply expand each window, and SAVE after assigning prices and any desired Price Levels and Quantities. SAVE after setting each window, then collapse it and expand the next.

Info

NOTE: If you are using multiple Arrival Windows and defining tiers for multiple Arrival Windows, tiers always have their own individual available quantities for each Arrival Window. So if the ‘48 hours in advance’ Arrival window for a date sells out through Tier 1 and begins selling into Tier 2, once the ‘Day of pricing' Arrival window kicks in, it will start selling back at Tier 1.

If you use tiers and multiple Arrival Windows, it is not required (or even recommended) to define tiers for each Arrival Window. In fact, it is most common to only define tiers for a single “further out” arrival window. For example, tiers might be configured on the ‘7 days out’ arrival window, but not for the ‘Day of pricing' or 48 hours in advance' Arrival Windows, which will likely only have one configured “list price” within their window.

  • Click CLOSE when you have finished pricing all the selected Variants.

  • Priced Products display in the calendar, which will also indicate if Tiers have been defined.

...

  • The base price is set and is not set to 0.00

  • The base price is greater than the display price

  • The Hide Original Price checkbox in the dynamic pricing admin panel is not checked (this box may be checked to disable the feature for dynamically price products. To access the Dynamic Pricing Admin panel:

    • Go to Configuration > Local plugins

    • In Group, select ‘Aspenware Commerce’

    • Click Search

    • Scroll to the Dynamic Pricing widget

    • Click Configure

    • Check or uncheck the Hide Original Price checkbox

    • Click Save

To utilize the Savings Display feature on non-dynamically priced products, the product must have an old price assigned to it. The old price will show as crossed off when the same criteria as indicated for dynamically priced products are met (see above).

...