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.
This task is a step in Process of Setting Up Nonflight Redemptions.
To create the redemption price
Navigate to the Administration Product screen.
Select the redemption product.
Click the More Info view tab.
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.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 witha 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.