Rateshop

Mastering Competitor Selection for Effective Car Rental Rate Shopping

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Select Competitors Based on Your Metrics: Focus on tracking competitors that align with your specific business metrics rather than general market knowledge.
Include Various Competitor Types: Monitor not only premium brands but also intermediaries, local franchisees, and independent suppliers to gain a comprehensive market view.
Understand Competitor Pricing Structures: Be aware of how competitors present their rates, distinguishing between all-inclusive prices and base rates with additional charges.
Consider Customer Origin in Pricing Analysis: Recognize that competitor pricing may vary based on the customer's point of sale or origin, which can impact your rate comparison.
Utilize Analytical Tools for Deeper Insights: Employ tools like ForwardKeys to analyze visitor origins and behaviors, enhancing your understanding of market dynamics.
Alerts on price variations: never miss competitor price changes that could lead to price misalignment (too expensive or too cheap).

Integration Capabilities: Tailored Data Collection with Preferred Partners

The RateShop Module offers flexible integration options to suit your data collection preferences:

Preferred Partner Integration: Seamlessly integrate with our recommended partner, Dataseeker, to enhance your data collection processes.
Alternative Data Provider Compatibility: Utilize customer data from other pricing data providers, such as RateGain or QL2, ensuring compatibility with your existing systems.

This flexibility ensures that your data collection aligns with your specific business requirements, providing a tailored approach to rate shopping.

How does it work ?

Your Success, Our Commitment: Unwavering Support and Resources

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Dedicated Revenue Manager Coach: Receive personalized onboarding, training, and continuous support from an experienced revenue management professional.
Unlimited Access to WeYield Academy: Access comprehensive training materials and resources to continually enhance your revenue management skills.
Global Community Access: Connect and collaborate with a worldwide network of revenue managers, fostering knowledge sharing and professional growth.
Continuous Innovation: Benefit from ongoing enhancements to our management modules, driven by user feedback and the latest industry trends.

I'm in !

Your Success, Our Commitment: Unwavering Support and Resources

‍

Dedicated Revenue Manager Coach: Receive personalized onboarding, training, and continuous support from an experienced revenue management professional.
Unlimited Access to WeYield Academy: Access comprehensive training materials and resources to continually enhance your revenue management skills.
Global Community Access: Connect and collaborate with a worldwide network of revenue managers, fostering knowledge sharing and professional growth.
Continuous Innovation: Benefit from ongoing enhancements to our management modules, driven by user feedback and the latest industry trends.

I'm in !

Don't just take our word for it and read what our clients say

Last time, I did a manual price check on the web for a particular question. This took me 3 hours. Thanks to RateShop Module, I am using on a weekly basis: I do not have to do this anymore!

Tonje Engebretsen

Business Manager