Bookshelf Home | Contents | Index | PDF |
Siebel Loyalty Administration Guide > Getting Started with Siebel Loyalty > Setting Up Products for Payment with Loyalty PointsYou must set up products to allow members to get these products by redeeming loyalty points. In the product record, you must specify how many points the product is worth. In addition, you can set up products so members can pay for products with a combination of points and currency. In the product record, you must specify how many points the product is worth and how much money each point is worth. In a sales transaction for that product, when you specify a number of points that is less than the total points needed to redeem the product, the system uses the following formula to calculate how much money is needed to complete the purchase: [Member's Price] = [List Price] - ([Cost Per Point] * [Points to Use]) CAUTION: You cannot use pricing models or pricing factors to price products that members get by redeeming loyalty points. To set up a product for payment with loyalty points
For more information about setting up products, see the chapter on basic product administration in Product Administration Guide. |
Siebel Loyalty Administration Guide |