Benefits of Smart Mark-up Strategies for Travel Agencies

Your profits depend on various factors, one of the most important could be your Mark Up rates. Earning greater revenue from markup requires you to have a reliable markup policy.

A smart mark-up policy helps you manage your margins as well as offer smart pricing to your travel agents and customers.

Benefits of Mark Up pricing

Manage profits: You can set a rack rate and add a markup to it. Your markup price is an additional amount added to your price that will help you gain more profit from the transactions.

Competitive pricing: A sound markup strategy allows you to sell your inventory at a competitive price that helps you boost your sales.

What OTRAMS offers?

With OTRAMS you can calculate and add your markup profile, boost profit, avoid errors and save time.

Mark-up profiles: Users can create markup profiles/tiers. You can use or assign these profiles to agents based on their potential/ business needs.

Multiple markups: OTRAMS allows you to add multiple markups such as Supplier Level, Country & City Level, and Branch Level.

Flight Rule: You can add mark-up or discount to flight ticketing with OTRAMS. You can also define management fees for Cancellation, Issuance, or Re-issuance charges

Multi-Currency system: The currency matrix shows the list of currencies that are available in the system. This allows you to add a mark-up in the local currency of the traveler.

Check out complete details on How Smart Mark-up Strategies Can Help You Boost Profits!

Having a world-class technology provider makes having a good markup policy in place easier. OTRAMS is not just great for your travel business but also perfect for your bottom line. Get OTRAMS and leverage the power of technology for business growth.