Template structures are useful when you have multiple products following the same pricing structure, even if they're priced differently.


Price placeholder and example price

Unlike a regular pricing structure, a template structure doesn't contain a product's actual price; it uses a placeholder instead.

For example, you may charge the full price for the first day and half the price for each extra day.

  • 1 day: 1 x (price)
  • Each extra day: 0,5 x (price)

The example and placeholder price let you see how the structure works with differently priced products, but are not saved with the pricing structure.

Multiplier

The multiplier regulates the factor by which a product’s price is multiplied.
For a 3-day rental period, Booqable multiplies the price with the multiplier found in the tile for 3 days. 

In the example above, the price would be multiplied by 2.5, charging 2.5 times the product price for a 3-day rental.

Examples

Here's a simple example in which the first day is full price, and each day after is half the charge:

Using the above structure, renting a $50.00 product for 4 days would cost $125:

( 1 * $50 ) + ( 3 * ( 0,5 * $50 ) ) = $125


Here's a slightly more complex pricing structure, in which one day is charged at full price. Then, the price is slightly less for the second and third days.
Each extra day after that is at half price.

Using this structure, renting a $50.00 product for 4 days would cost:

( 2,5 * $50 ) + ( 0,5 * $50 ) = $150


Pro tip: You can also use the example price to reverse-calculate a multiplier.

Applying a template structure to a product

The example - and placeholder prices don't influence a product's actual price.
The price that's applied to the structure is configured in a product's Pricing tab:

💡Want to Learn More:

To learn more about how to set up a template pricing structure, you can read this article and/or follow our template pricing structure product tour by going to

https://{{company.name}}.booqable.com/price_wrappers/new?product_tour_id=148766

You will need to replace the {{company.name}} with the beginning part of your booqable account URL.
For example, if I log in and use booqable on rentals.booqable.com, I would go to https://rentals.booqable.com/price_wrappers/new?product_tour_id=148766 to view the product tour guide.

Did this answer your question?