Siebel Hospitality Guide > Setting Up Pricing and Property Pricing > Setting Up a Matrix Series >

Defining a Segment Matrix Discount


This task is a step in Setting Up a Matrix Series.

  1. Navigate to the Property Pricing Admin screen > Properties list.
  2. In the Properties list, select the required property and click the link in the Property Name field.
  3. Click the Matrix Series view tab.
  4. In the Matrix Series list, create a new record, as described in Creating a Matrix Series.
  5. Click the Segment Matrix view tab.
  6. Create a number of new records as required, complete the fields, and save the records.

    The following table describes some of the fields.

    Field
    Comments

    Name

    The name of the account matrix. This field is automatically populated.

    Opportunity Segment

    Select the segment to which this matrix will apply.

    Product

    Select the product to which this matrix will apply. Only products that are contained in the Product Line for the Matrix Series will be available for selection here if a Product Line is used for the series.

    Frequency

    Select the day of the week on which this matrix will apply.

    Adjustment Type

    Enter the type of adjustment. Select from one of the following:

    • Discount Amount. Indicates that a set amount is to be discounted from the product price.
    • % Discount. Indicates that a set percentage is to be discounted from the product price.
    • Markup Amount. Indicates that the product price is to be increased by a set amount.
    • % Markup. Indicates that the product price is to be increased by a set percentage.
    • Price Override. Indicates that the price of the product is to be overridden to the amount specified in the Adjustment Amount field.
    • Tier Based. Applies the discount percentage defined by each Volume Discount Line Item record to the quantity of items defined in that Volume Discount Line Item record.
    • Multiplicative Amount. Multiplies the target price by the specified adjustment value.
    • Power (Target Price, Power). Raises the target price to the specified exponential value. For example, if the target price is 4, and the adjustment value is 2, the new price will be 16 (4X4).
    • Round (Current, Decimal Places). Sets the number of decimal places to which the price will be rounded.

    Adjustment Amount

    The amount of the adjustment that is specified by type.

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