Use this program to:
  • Set up and define a discount code that will provide a percent off of a designated rate product that can be based on the length of rental.
The benefit of using this feature is that rather than using or printing a rate or price that is already discounted by the length of days, (Example: Daily, Weekly or Tiered rates) A discount percent can be printed and defined on the Rental Agreement, so the customer can actually SEE the discount that they qualified for based on the settings defined here.

Example:

A standard rate can be set up with just the daily rate of $50.00/day but with Discount Code Plan "AB" a Discount Plan AB can be set up as 0% discount for rentals of 1-3days, 10% discount for rentals 4-7 days, 15% discount for rentals of 8 or more days. The discount percentage can increase with the length of rental.

An advantage of this is that the discount DOES appear as a separate line item on the printed rental agreement so that the renter "sees" the savings he is receiving due to the length of the rental.


To access the Edit Tiered Discount Codes program, type EDITTIER (RET) at any menu "OPTION:" field or the appropriate line number on the Rate Control Files menu. The screen will then display:


OPTION: __ EDIT TIERED DISCOUNT CODES

1 Disc Code
2 Description
3 Level 1 Days
4 Level 1 Pct
5 Level 2 Days
6 Level 2 Pct
7 Level 3 Days
8 Level 3 Pct
9 Level 4 Days
10 Level 4 Pct










1SAVE 2NEXT 3ERASE 4DELETE 5BACKUP 6 7HELP 8NXT PAGE


Enter data as follows:


The screen will then display:

1. DISC CODE

Enter up to 2 alphanumeric characters to define the Discount code for this tiered discount. This DISC CODE should be entered in Edit Rental Rules/Rates on the Rate Product that reflects this Tiered Discount. (See page 3.)

EXAMPLE: type AB (RET)

2. DESCRIPTION

Enter up to 30 alphanumeric characters to describe this discount code.

EXAMPLE: Type: TIERED DISCOUNT PERCENT DEFINED FOR LONGER TERM RENTALS.

PRESS: (RET)

3. LEVEL 1 DAYS
Enter up to 2 numeric characters that define the maximum rental days that will qualify for the first tiered discount percent listed in field 4 below.

EXAMPLE: type: 3(RET)
4. LEVEL 1 PCT
Enter up to 2 numeric characters that represent the percent off for the amount of rental days required that is listed in field 3 above. (Example: 10 entered here = 10% off OR blank = 0% for no discount offered)

EXAMPLE: type: 0 (RET)
5. LEVEL 2 DAYS
Enter up to 2 numeric characters that define the maximum rental days that will qualify for the 2nd tiered discount percent listed in field 6 below.

EXAMPLE: type: 7 (RET)
6. LEVEL 2 PCT
Enter up to 2 numeric characters that represent the percent off for the amount of rental days required listed in field 5 above. (Example: 15 entered here = 15% off)

EXAMPLE: type: 15 (RET)
7 LEVEL 3 DAYS
Enter up to 2 numeric characters that define the maximum rental days that will qualify for the 3rd tiered discount percent listed in field 8 below.

EXAMPLE: type: 30(RET)
8 LEVEL 3 PCT
Enter up to 2 numeric characters that define the percent off for the amount of rental days required listed in field 7 above. (Example: 20 entered here = 20% off)

EXAMPLE: type: 20 (RET)
9 LEVEL 4 DAYS
Enter up to 2 numeric characters that define the maximum rental days that will qualify for the 4th tiered discount percent listed in field 10 below.

EXAMPLE: type 99(RET)
10 LEVEL 4 PCT
Enter up to 2 numeric characters that represent the percent off for the amount of rental days required listed in field 9 above. (Example 25 entered here = 25% off)

EXAMPLE: type: 25 (RET)


The screen will then display:

OPTION: __ EDIT TIERED DISCOUNT CODES

1 Disc Code AB
2 Description TIERED DISCOUNT PERCENT DEFINED FOR LONGER TERM RENTALS
3 Level 1 Days 3
4 Level 1 Pct
5 Level 2 Days 7
6 Level 2 Pct 15
7 Level 3 Days 30
8 Level 3 Pct 20
9 Level 4 Days 99
10 Level 4 Pct 25









1SAVE 2NEXT 3ERASE 4DELETE 5BACKUP 6 7HELP 8


PRESS "F1"AT "OPTION:" TO SAVE THE RECORD.