Dynamic Pricing lets you set pricing for flat-rate services based on multiple factors such as after-hours jobs, add-ons, membership discounts, and more. Dynamic Pricing uses industry best practices to calculate prices so you can optimize margins across multiple trades for every situation.
Features include:
- Set rules based on billable rates, markups, surcharges, and custom modifiers
- Supports progressive billable rates and markups
- Set markups by gross margin, flat and percentage markups, or by a multiplier
- Set discounts and surcharges based on multiple factors such as price level, after hours services, or add-on items
- Create exceptions from Dynamic Pricing for specific services
- Simplified membership discounts
- Manually revert to static pricing on an estimate or invoice
Learn more by watching the below video!
Additional resources can be found below:
Labor Rate - https://www.servicetitan.com/tools/labor-rate-calculator
Billable Hour - https://www.servicetitan.com/field-service-management/billable-hours
Net Profit - https://www.servicetitan.com/field-service-management/desired-net-profit
Dynamic Pricing - https://help.servicetitan.com/how-to/dynamic-pricing
BCN Video - https://community.servicetitan.com/t5/The-Nerd-s-Nook/How-To-Set-Up-Dynamic-Pricing-amp-Automate-You...
Academy “Dynamic Pricing” - https://servicetitan.myabsorb.com/#/online-courses/dfb66730-1ab5-4b8c-a4c6-66456fab0852
