Prices that follow demand
GetGbam can suggest higher prices for your busy times and lower ones for quiet times. Nothing changes until you accept.
2 min readFor businesses
Some times fill up first and some sit empty. Adaptive pricing lets a service charge a little more when it’s busy and a little less when it’s quiet, so more of your times get booked. It’s off until you turn it on, one service at a time.
Turning it on
In Services, tick Let the price follow demand on a service, then save. GetGbam starts you with a lowest and a highest price, 80% and 120% of your usual price. On a ₦10,000 service, that’s ₦8,000 to ₦12,000. Change either one to suit you.
Suggestions, not surprises
GetGbam looks at how full your times have been over the last eight weeks and suggests prices under Suggested prices, each with its reason:
- “Saturday afternoons fill up first”: charge more then.
- “Tuesday mornings are quieter”: charge less then.
- When a lot of your times are still free on the day, a lower price for times still free 3 hours before they start.
Nothing changes until you press Accept. Every suggestion stays between your lowest and highest price. Not now hides a suggestion. To stop a price you accepted, remove it from the service, and those times go back to your usual price.
A new business won’t see suggestions straight away. They come from your bookings, so they show up after a few weeks.
What customers see
Customers see the price of each time before they pick it, never a surprise at checkout. Cheaper times are marked with an arrow. There’s no “only one left” pressure.
Deposits, fees and moves
- The customer pays half the price of the time they picked to book.
- The price is fixed when they book. If you change prices later, bookings already made keep theirs.
- Moving a booking keeps the price they booked at, whichever time it moves to.
- GetGbam’s fee is still 10% of the booking’s total, whatever the time cost.