We know that no two rental companies are alike and that there are many different ways to charge for rentals—from simple flat fee rates to the most intricate pricing structures.
That’s why we’re excited to launch Advanced Pricing, a new feature that allows you to control the way you charge for rentals to an ultra-fine degree. You get this control by creating pricing rules. These rules are applied on top of existing product prices, and can do two different things:
- Adjust the price of a product for specific date ranges or day(s) of the week.
- Adjust the period that is being charged. For example, to exclude pickup and return days from the charge period.
Here are some real-life examples that Advanced Pricing can cover. You can charge reduced rates for rentals that happen over the weekend, price your products differently for high and low seasons, and even exclude days from the charge period when customers pick up your items after a specific time.
Pricing rules are so flexible that you can create pretty much anything you need. And with the right strategies, Advanced Pricing can be a powerful tool to boost sales, and for seasonal businesses, be profitable all year round.
Contact us to learn more about this feature and get started with Advanced Pricing.
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