Step 2 - Create Product Package Price

Use the Product application to set up the Package Price Product. There is no major difference in the way this is created when compared to any other product, however, there are some flags that need to be set for a package and these are indicated in the procedure steps.

Insert a Product (Package)

At this point the product exists, but there are no price rules or rates set.

Set PCM Price Rules and Rates

About the Rates Entered

The Group cost and sell prices for the tour are entered here. These rates will be used to cost and sell Group bookings for this tour via the Tourplan Groups module. The cost rate in this case is based on the pax range from the PCM, which is typically based on the minimum Pax number for a tour. This cost is then used in standard Tourplan operational and management reports.

When the booking is made, the system will obtain the correct cost prices from the database based on the departure date. The cost price here can be useful to get an indication of the margin.

NOTE: Depending on the way the business' markup strategy is being handled, there could be no markup attached at Product Database level at all. The Markup Matrix allows differing markups to be applied based on a combination of booking analysis codes, supplier codes etc, supplier analysis codes, agent codes, agent analysis codes etc.

Once the Package Service Product has been created, it is attached to the PCM and the rules governing the sale and use of the PCM are set (see Step 3 - Attach the Package Price Product to the PCM) .