Price Levels in Salido offer a precise and flexible way to manage your menu pricing based on various factors. Price Levels allow you to set the optimal price point for your menu items, whether it's the time of day, location, or order type. This functionality not only caters to enterprise-grade businesses but is designed to be intuitive for users of all levels.

Key Factors Influencing Price Levels:

• Geography:
  • Location Groups
  • Individual Locations
  • Revenue Centers
• Time:
  • Day of the Week
  • Specific Time of Day
  • Particular Day of the Year
• Order Type:
  • Dine-in
  • Take out
  • Catering
• Priority Ranking
  • Hierarchy Assignment
  • Consistent Pricing
  • Business Logic

Examples to Consider:

• Within a single location, an espresso might be priced at $3.00 during regular hours, but $3.50 during peak morning hours to account for high demand.
• Across an organization, the same espresso could be $3.00 at locations near coffee bean suppliers, but $3.50 at more distant sites due to transportation costs.
• Similarly, based on the cost of living, it might be $3.00 in areas with lower living costs and $3.50 where living costs are higher.

When creating multiple Price Levels, Salido further optimizes this process with Priority Ranking, which dictates the order in which prices are applied when multiple criteria are met. Here’s an expanded explanation:

• Establishing Hierarchy: Priority ranking assigns a numerical value to each price level, with a higher number indicating a higher priority. This hierarchy dictates which price level takes precedence when there are competing qualifiers for a menu item.

• Conflict Resolution: During instances where more than one price level could be valid, such as when 'Early Bird' specials overlap with 'Happy Hour' discounts, the priority ranking determines which price level is used. For instance, if 'Early Bird' has a priority of 2 and 'Happy Hour' has a priority of 1, the system will apply 'Early Bird' pricing due to its superior rank.

• Flexibility in Adjustment: Users have the capability to modify the priority ranking down to each menu item. This adaptability is crucial for adjusting to market changes, promotional events, or shifts in customer demand.

• Strategic Pricing Control: The ability to finely tune the priority rankings offers businesses a way to implement complex pricing strategies efficiently. It enables them to control pricing across different locations, times, and events, optimizing for customer attraction and revenue generation.

To Create Price Levels, click here.