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Defining the Static Redemption Price for Nonflight Products


You can define the pricing for a nonflight product in the Points view of the Administration - Products screen. For example, you can set up a redemption price of 16,000 points for a redemption product such as an electric shaver, or 100,000 points for a one-night stay in a hotel.

These rules determine the static redemption price for the redemption product. You can discount or surcharge this static price using a promotion.

NOTE:  This topic describes how to set up pricing using redemptions rules, which is the most common method of setting up pricing. For more complex redemption pricing, you can set up pricing using redemption promotions. For more information, see About Pricing Using Base Redemption Promotions.

This task is a step in Process of Setting Up Nonflight Redemptions.

To create the redemption price

  1. Navigate to the Administration Product screen.
  2. Select the redemption product.
  3. Click the More Info view tab.
  4. Click the Points view tab.

    NOTE:  For nonflight redemptions, you must use the Points view for pricing. Points by Zone and Points by Distance are used only for flight redemptions.

  5. Add a new record for each program-partner combination that uses this product, and complete the necessary fields, described in the following table.
    Field
    Description

    Payment Mode

    The payment mode can be one of the following:

    • Pay. Payment is made using a currency.
    • Points. Payment is made using points.
    • Points plus (+) Pay. Payment is made using a combination of points and currency.

    NOTE:  You can use different currencies for each price line for the pay component if you choose the Pay or Points plus (+) Pay options.

    Pay

    The currency portion of a Points plus (+) Pay payment mode, for example, US$250.

    Partner Price

    The price paid to the partner for providing the product. For more information, see Partner Pricing for Loyalty Redemptions.

    Program

    The program associated with the product redemption.

    Partner

    The partner associated with the product redemption.

    You can select one partner for each price line. If the pricing is common for different partners, then you have to create multiple price lines for each product.

    The list that you select from includes partners that were associated with the product in Associating the Nonflight Redemption Product with a Program Partner.

    Points

    The price of the product in points, for example, 16,000 points.

    Point Type

    The currency used by the loyalty program to reward and recognize members based on their activities, for example, FFP for frequent flyer points. To create point types, see Creating Point Types for Loyalty Programs. This field is required for a Payment Mode of Points or Points plus (+) Pay.

    Qualifying Points

    Qualifying points are points that count toward a member's tier status. For example, a member who needs to qualify for the silver tier might require 25,000 qualifying points. Nonqualifying points, often called bonus points, can be used for a redemption, but do not count toward a member's tier status.

    Transaction Type

    The type of the transaction. For redemptions, select Redemption.

    Cost per Point

    The price for each point in currency value, for example, $0.04 US for each point.

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