FAQ Q374: How do I configure Pricing Manager if I have a per-day price and a supplement for each hour of the remaining partial day (or a weekly price and a daily supplement)?
Section: Setting up your pricing and invoicing
This pricing strategy can be applied to multi-day rentals (such as car park or car rental) where the customer pays a specific amount for each full 24-hour period and then an hour-based supplement for each extra hour beyond that. For example, a 5-hour duration would correspond to 5 hourly supplements, a 29-hour duration would be charged as 1 full day and 5 extra hour supplements and a 53-hour rental would be charged as 2 full days and 5 extra hours.
In order to set such pricing we'll need a combination of 3 rules. In the following example we charge EUR 20 for each day and EUR 1 for each extra hour
Rule | Price |
1. Default price | 20 EUR per day |
2. Additional hours (all hours beyond multiple of 24h-period) | +1 EUR per hour |
3. Always true Apply this rule only if any of the following rules were applied: 2. Additional hours | -20 EUR |
The first two rules are clear but we do need a third rule with an extra advanced condition where we subtract one day's price if any hourly supplement at all was added -- meaning, whenever the rental duration is not an exact multiple of 24 hours. In such scenario we must subtract one day's price because by Pricing Manager adds a full daily price to the last partial day - in the same way as a full hourly price will be added for each partial hour remaining at the end.
Of course you could expand the pricing table above to accommodate for discounts for rental durations above X days, for example:
4. Duration: 3 days - ∞ | -10 EUR |
This rule would add a 10 EUR discount to the total price for durations of 3 full days or longer.
Note: you can use the above set of rules with a slight modification for a similar pricing scheme where you have a per-week price and then a supplement for each day beyond a full week. The Additional days rule has a similar value called all days beyond multiple of 7-day period which should be used in rule #2. In this scenario per-week and per-day prices would be used.