Smart Pricing Configuration – Ascend Fundraising Solutions

The Admin Portal’s Event Setup section has been revamped with the introduction of Smart Pricing. The Price Points section now includes two price point types, Core and Smart. The Price Points section also includes Scheduling.

Core Price Points

Core price points are available for purchase by default during your event when no price point schedule exists. Core price points can also be available for purchase during a scheduled period if selected. When creating new price points, they will default to the Core price point type.

Smart Price Points

Smart price points are available for purchase only in scheduled periods when they are selected to be included.

Scheduling
The Scheduling feature allows you to define specific date and time ranges during which selected price points will be displayed. Note: Dates of Scheduled Price Points cannot overlap

Example:

Imagine you have an event running from 12:00 AM on December 1st to 11:59 PM on December 31st.

During your raffle, you want to incentivize purchases during the first week of sales. You plan to do this by distributing more numbers at the highest price point.

You have 3 Core price points: 1 for $5, 3 for $10, 10 for $20.

You add 1 Smart price point: 20 for $20.

You create a schedule with a Start of 12:00 AM on December 1st and End of 11:59 PM on December 7th. During this Smart Pricing period you offer the Smart price point, 20 for $20, as well as 2 of your Core price points, 1 for $5 and 3 for $10.

Any price points (Core or Smart) that are not selected in the schedule will not be available for purchase during the Smart Pricing period.

After the Smart Pricing period ends, only the Core price points (1 for $5, 3 for $10, 10 for $20) will be available for purchase.

Station Sales with Smart Pricing

The new POS application will show a "Pricing change in ..." message in green font 5 minutes before a Smart Pricing period starts, to forewarn the user of an upcoming pricing change.
Once in the Smart Pricing period, the font changes to black and the timer counts down until the end of the Smart Pricing period.
5 minutes before Smart Pricing ends, the font changes to red.
Smart price points are displayed in light blue to clearly differentiate them from Core prices.
When a product is added to the cart, the price is guaranteed and will not be affected by Smart Pricing changes before the transaction is completed.

5 MINS BEFORE SMART PRICING PERIOD	DURING SMART PRICING PERIOD	DURING SMART PRICING PERIOD, 5 MINS BEFORE ENDING