Last Minute Discounts: Personalized

Wheelhouse Pricing & Data
Wheelhouse Pricing
Published in
2 min readFeb 2, 2017

Exciting news — your pricing strategy just got more Personalized!

Today, we’re launching Last Minute Discounts.

Now, you are in control of your last minute discounts. That means for any upcoming unbooked night, you can choose how and when Wheelhouse’s model should start adjusting your pricing.

And, when you visit your Last Minute Discounts, you might notice something unique.

Now, instead of simply choosing a setting, you can ‘personalize’ Wheelhouse’s model to pursue a pricing strategy that best helps you achieve your business goals.

You can see an example of “personalization” here:

​Personalizing your “Last Minute Discount”

You can tell the Wheelhouse model to pursue one of three different strategies:

  1. Wheelhouse Recommended
  2. More Conservative (lower your prices sooner)
  3. More Aggressive (keep prices higher, for longer)

Or!

You can customize your approach, and create up to 3 tiers in order to tell Wheelhouse how to update your “last minute” prices.

How can you update your “Last Minute Discount”?

Update your settings is easy! Simply:

  1. Visit any Calendar
  2. Click on “Settings”
  3. Choose your ideal “last minute discounts” (near the bottom of your Settings Panel)
  4. Push ‘Save’
Click “Settings” on your Calendar

What’s next?

Last Minute Discounts is the first ‘Personalization’ we’ve shared with our community.

However, it’s far from the last, and it’s one of many ‘Personalizations’ we’ll be sharing this Spring to keep you ever-more in control.

Have thoughts, ideas, or insights? Please message us! hello@useWheelhouse.com

Also, to learn more about Personalization, which we consider the next-generation of Dynamic Pricing, you can read more here: www.usewheelhouse.com/personalize

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Wheelhouse Pricing & Data
Wheelhouse Pricing

We build software (Revenue Management, Market Insights, CompSets, and more) to empower growing short-term rental portfolios