By using a variety of data to calculate the optimal price, the Convious Pricer ensure your prices are data-based and harvest all opportunities in the current market.
Below we will provide you with a comprehensive list of data-point examples:
1. Historical data
- Number of orders
- Time of purchase
- The period between the purchase and the visit
- Seasonality of purchased items
- Prices (Pricing history, etc.)
2. Your pricing input
- Regular ticket price (what you normally charge for a ticket)
- Minimum ticket price (the lowest price level that is profitable for you)
- Manually set pricing rules defined by you
This way, you never lose control over your ticket pricing despite the dynamic pricing component.
3. Web data
- Pageviews
- Clicks
- Cart abandonment
4. Calendar data (applied locally)
- Weekdays
- Weekends
- Public holidays
- School holidays
- Seasonal holidays
5. Venue specific information
- Opening and closing hours
- Opening days
- Time slot settings (if applicable)
- Capacity limits
6. External data (API connection)
- Weather forecast
- External advertising campaigns
- Social media
- Social reviews
- Are you selling via third parties? We will make sure this data is included as well.
Curious about more details on the Convious Pricer?
Read more about how the Pricer algorithm works or how to update prices from your Partner Dashboard.
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