New Pricing Modelling Capabilities

The following new Pricing related modelling capabilities have been introduced in the atomic offers:

  1. Formula based discount -  You can now configure the amount to be discounted  dependent on a formula, such as $5 off for every $50 charge for usage discount models. The formula takes in scaled parameter called for every "X" unit and "what to discount". This is available for the existing discount models discount fixed, discount percentage and grant allowance. Example -  Grant 1 music title for every 10 GB download
  2. Time of the day pricing  - You can now configure time of the day pricing for usage fees. A time model is a set of time periods. Each time period contains one or more time segments. A time segment represents a particular time, such as a day of the week or a range of several hours. You can define time segments by using months, days of the month, days of the week or time of day. You can then use the time model type in the advanced pricing model on the atomic offering pricing section and choose the time model and the time periods for which you want to set time of the day pricing. Time of the day pricing is also available for attribute based pricing model.  Example - Setup Peak time period with 8:00 am to 8:00 p.m. Off Peak time period as 8:00 p.m to 8:00 a.m. Setup a wireless offer with usage fee as 0.1$ for peak hours and 0.01$ for off peak time period. You need to configure the time model using the REST API as given below https://<HOST>/crmRestApi/atcProductCatalog/11.13.18.05/productCatalogReferenceManagement/v1/customProfileSpecification with Profile type as TIME_MODEL.
  3. Bulk price update improvements - Ability to invoke bulk price from the view references section of the pricing screen.

The following figure shows the formula based discount configuration

Formula based discount for usage

Formula based discount for usage

The following figure shows the time of the day pricing

Time of the day pricing

Time of the day pricing

The following figure shows the bulk price update invocation from view references of the pricing summary screen.

Bulk update through pricing view references

Bulk update through pricing view references

The business benefit of this feature is additional modelling ability with new types of pricing - time of the day and formula based discounts.

Steps to enable and configure

You don't need to do anything to enable this feature.

Access requirements

  • Communications Catalog Product Manager
  • Communications Catalog Administrator