Every company must find and develop the right pricing strategy for their particular goals. Businesses can increase their profit margins by implementing a strategy that adequately prices their products.
Managing mark-up and commissions profiles help you increase your margins, keeping the pricing both competitive and meeting your revenue goals through different strategies.
In order to run a smart pricing strategy, you need a flexible, reliable and fast solution to find growth opportunities when setting your mark-up and commissions. A smart mark-up profile helps you in keeping a tight control over your margins as well as extend smart pricing to your travel agents and customers.
Our Booking Engine - IRIX comes with an enriched mark-up and commission module which allows configuring a comprehensive set of rules on how mark-up and commissions are applied to different travel products. More than that, it offers you the possibility to keep an eye on every segment: resellers, groups or markets, to better apply your sales strategies depending on each segment.
We unlock new opportunities of better defining and managing mark-up and commission profiles by setting your own rules fir dynamic mark-up through profiles that will be applied in different ways based on your strategies, percentage, flat, service based, pricing tiers, destination based, discount periods, and many other rules.
