Example: A hire car company offers different pricing strategies based on the duration of the rental. They may have a basic daily rate for short-term rentals, as well as discounted rates for longer-term rentals such as weekly or monthly packages. Additionally, they may offer promotional discounts or special deals during certain times of the year to attract more customers.
Sample:
- Daily rate: $50 per day
- Weekly rate: $300 per week (equals to $42.85 per day)
- Monthly rate: $1000 per month (equals to $33.33 per day)
Special promotion: 10% discount on all rentals during the holiday season
-The hire car company also offers optional add-ons such as GPS navigation systems or car seats for an additional fee.
-They may have a loyalty program where customers can earn points for each rental, which can be redeemed for discounts or free upgrades.
-They may also offer insurance options at different price points for customers to choose from, depending on their needs and budget.
give me the example and sample of hire car pricing strategy
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