Talia
Contributor II

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 Ratehttps://www.servicetitan.com/tools/labor-rate-calculator

Billable Hourhttps://www.servicetitan.com/field-service-management/billable-hours

Net Profithttps://www.servicetitan.com/field-service-management/desired-net-profit

Dynamic Pricinghttps://help.servicetitan.com/how-to/dynamic-pricing

BCN Videohttps://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