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Price models

A price model determines how a price for a category or booking is calculated. Exactly one price model can be assigned to each category. A booking can consist of several items from different categories. The My Rental The app offers volume pricing models and tiered prices.

Volume pricing model​

With the volume pricing model, prices can be set depending on the booking duration.

Example scenario:

The mountain bike category is assigned the price model below, with a tiered calculation. A customer rents two mountain bikes for 10 days. The price is calculated as follows:

  • 10 (days) * 2 (units) * €12 = €240
  • Total price: €240
TierPrice per unit of time (day) and tier
up to 7 days€15
from 8 to 14 days€12
15 days or more€10

Tiered prices​

Alternatively, prices can also be calculated in tiers. This means that the rental period is divided into the price tiers. In general, this calculation leads to higher prices.

Example scenario:

The mountain bike category is assigned the price model below, with a tiered calculation. A customer rents two mountain bikes for 14 days. The price is calculated as follows:

  • Tier 1: 7 (days) * 2 (units) * €15 = €210
  • Tier 2: 7 (days) * 2 (units) * €12 = €168
  • Total price: €378
TierPrice per unit of time (day) and tier
up to 7 days€15
from 8 to 14 days€12
15 days or more€10