Trigger
circumstance where Deal is on, get cheaper tier price or maxed outEach Trigger is explained, including guidelines on when to use them.
The example below highlights the similarities and differences that can occur within the same set of reservations, providing insights into the circumstances where each type of Trigger should be used.
- 2 items: 3 x Square @ $.50 / item, 10 x Triangle @ $1 / item.
- minimum requirement: 5, maximum limit: 10.
- unit: 42 points, tolerance: 12 points (only applicable to Capacity Trigger).
- unit: 47 points, tolerance: 8 points (only applicable to Segment Trigger).
- 50 Square reservations.
- 5 Triangle reservation.
- 45 Triangle reservations.
- 150 Squares and 150 Triangles reservations.
This is suitable for deals that have a count target, such as a store sale or bulk purchase.
The deal's minimum requirement, tier price, and maximum refer to the total item count, with the number next to each item indicating the item's maximum limit.
The Platform tries its best to allocate reservations each time they are approved. Once Allocated, reservations cannot be moved back to the In-Queue, as this applies to all Triggers. More expensive does not necessarily mean more profit. The fairer approach is to prioritize based on the earliest approval time first.
It is suitable for deals that have a money target, such as crowdfunding campaigns, purchasing a house/factory, or scenarios where you need to divide something but the exact quantity of each item is uncertain, such as livestock.
The minimum, tier price, and maximum requirements for the deal refer to the total money raised, while the number next to each item refers to the item's maximum limit based on stock availability.
Similar to Count Trigger; once Allocated, reservations cannot be moved back to the In-Queue, and more expensive does not necessarily mean more profit.
This Trigger is suitable for package deals (e.g., buy 2, get 1 free), buying parts in a set (e.g., chicken parts), sharing space, timeshare, and similar scenarios.
The minimum, tier price, and maximum limits of the deal refer to the total number of bundles, not individual items within the bundle (e.g., chicken breasts). The number next to each item represents the required quantity of that item to create a complete bundle.
In the example that we are exploring, a bundle consists of 3 Squares and 10 Triangles. The cost or quantity of individual items reserved does not matter for this Trigger - the Platform only counts the number of complete bundles that can be created from the reservations.
The deal minimum, tier price, and maximum refer to the overall quantity of unit, such as how many liter of perfume, box of apples, or buses. The numbers accompanying each item indicate the points assigned to it, such as 20 points for 20ml of perfume, 1 point for a single apple, or 3 points for 3 bus seats. Additionally, two new limitations are introduced: the unit size measured in points (e.g., 1000 points for 1000ml (1 liter) of perfume, 12 points for a dozen apples, or 70 points for a 70-seat bus) and the total tolerance represented by a specific point value (e.g., 100 points for 100ml leftover, 1 point for 1 apple leftover, or 2 points for 2 empty seats).
If there are multiple buses involved, a better option would be the Bundle Trigger. In this case, the item count for each bundle would be set to 42, aligning with the bus's seating capacity. However, in this case, the limitation with using the Bundle Trigger is that the number of participants must be a multiple of 42, which may not always be feasible or practical.
In this scenario, the Capacity Trigger is more appropriate, as it allows the organizer to specify the size of each bus (42 points) and the tolerance for empty seats (12 points). With the Capacity Trigger, the platform can allocate seats within the range of 30-42 (for 1 bus), 72-84 (for 2 buses), 114-126 (for 3 buses), and so on, ensuring the desired occupancy while accommodating any potential total unsold seats. Additionally, the Count, Money, and Bundle Triggers present another challenge. Participants may reserve multiple seats, but they may not necessarily receive all the seats they reserved. For example, a family aiming to travel together may reserve 4 seats but end up receiving only 2. This can create inconvenience and dissatisfaction.
When the goal is to obtain either all or none of the reservations, the Capacity Trigger serves as a more suitable choice. The minimum and maximum values for the Capacity Trigger can be set to correspond to the number of buses or units available. In our example, let's assume the minimum is 1 and the maximum is 7, signifying the number of buses. Each bus has a capacity of 42 seats, and a wastage tolerance of 12 points is allowed, meaning that up to 12 seats can remain unused. To facilitate collective seat reservations, you can create new items with varying point values. For instance, you can assign 1 seat to be equivalent to 1 point with a corresponding price, 2 seats as 2 points with a corresponding price, 3 seats as 3 points, and so on.
This is applicable in various scenarios, such as repackaging milliliters of perfume sold by liter, dividing grams of chocolate sold by kilograms, reselling individual apples sold by the case, or assigning travelers to available bus seats while accommodating leftover capacity (in terms of perfume, chocolate, apples, or seats).
It is also suitable for ensuring that a specific quantity of products (counted as points) are bought together as a package or none at all, as seen on the bus example above. It can also be used to offer a certain discount when a particular quantity of points is reserved. For example, purchasing 20ml of perfume would be cheaper per ml compared to buying just 10ml of perfume.
Difficulty in fulfilling the reservation
The price per point for each item reflects the level of difficulty in fulfilling the reservation.
For instance, on a 42-seat bus, it is relatively easier to find 3 available seats compared to finding just 1 seat. Therefore, the price per seat can be the same or even cheaper, incentivize people to reserve multiple seats at once. On the other hand, on a 10-seat car, it is relatively more challenging to find 3 available seats compared to finding just 1 seat. In this case, the price per seat should be higher to incentivize people to reserve multiple single seat if possible.
Ultimately, the pricing depends on factors such as the unit size, tolerance size, and the deal's minimum and maximum requirements.Cost associated with the reservation
The price per point for each item takes into account the added cost associated with the reservation.
For instance, while a perfume container might be costly, the price for a 10ml or 20ml container might be minimal. Therefore, the cost per ml for the 20ml container should be lower.
Even with the addition of 150 Square and 150 Triangle reservations, it wouldn't have made any difference as the maximum limit had already been reached.
Similar to Count Trigger; once Allocated, reservations cannot be moved back to the In-Queue.
For instance, if a participant books three seats for himself and his two children, the Capacity Trigger might assign one seat in one bus and two seats in another bus creating undesired circumstance, leading to an undesired seating arrangement.
In this scenario, the Segment Trigger is more suitable. By utilizing the Segment Trigger, the participant can choose a three-seat reservation, indicating that all three seats must be allocated together on the same bus.
The tolerance for the Segment Trigger is set per unit (in this case: bus), allowing for a certain number of empty seats in each bus.
When the Deal ends successfully, the system will provide suggestions on how to allocate the seats in buses, ensuring that the participants' reservation requirements are met. The Segment Trigger is ideal for scenarios where an item consists of a single continuous item, such as cutting a rope, chain, or pipe. It ensures that a reservation for a specific length, like 3 meters of rope, cannot be divided into multiple segments or accepted in smaller lengths, like a combination of 2 or more 3-meter ropes or just 2 meters of rope.
Similarly, the Segment Trigger can be used for bus seat reservations, where all the seats must be assigned on the same bus or none at all.
The first 5 units consist of 2 Squares and 4 Triangles each, totaling 46 points (2 Squares x 3 points + 4 Triangles x 10 points), with only 1 point wasted. The next 3 units are filled with 9 Squares and 2 Triangles each, amounting to 47 points (9 Squares x 3 points + 2 Triangles x 10 points) without any wastage. The ninth container contains 5 Squares and 3 Triangles, resulting in 45 points (5 Squares x 3 points + 3 Triangles x 10 points), with 2 points wasted. The tenth container comprises 8 Squares and 2 Triangles, totaling 44 points (8 Squares x 3 points + 2 Triangles x 10 points), with 3 points wasted.
Although there are 3 remaining points that could be filled with Squares, no additional Squares are available. Consequently, the deal has reached its maximum number of units with a total of 10 points wasted.
The 10th unit consists of 9 Squares and 2 Triangles, totaling 47 points without any wastage.
Similar to Count Trigger; once Allocated, reservations cannot be moved back to the In-Queue.
In scenarios like the segment example where points are wasted, Approve Manually can be employed as a solution. By using Approve Manually, reservations are not immediately allocated upon qualification.
This allows for a more deliberate evaluation of the reservations, considering factors beyond just the reservation time. Once you think a sufficient reservations have been received, all reservations can be approved simultaneously, regardless of their reservation time.
The inefficiency can also affect the Capacity Trigger and Money Trigger, although to a lesser extent than the Segment Trigger.
more on Approval
- Count or Money Trigger: Minimum and maximum limits are set to 5, with no item limit (limit = 0) or an item limit of 5.
- Bundle Trigger: Minimum and maximum limits are set to 1, with a item size of 5.
- Capacity or Segment Trigger: Minimum and maximum limits are set to 1, with each item assigned a value of 1 point, a unit size of 5, and no wastage (wastage = 0).
If you use Count or Money Trigger, raising the maximum to 10 is not possible as the Deal could end up with 7 item reservations, which doesn't meet the required purchase multiple of 5 for the discounted price.
On the contrary, you can increase the maximum limit for Bundle, Capacity, or Segment Trigger to 2, and the platform will automatically allocate either 5 or 10 item reservations.
- If the Deal involves purchasing multiple items together as a bundle, the Bundle Trigger is more appropriate.
- If the Deal is structured around a specific quantity of items to be bought, the Count Trigger is more appropriate.
- For Deals that rely on achieving a certain monetary target, the Money Trigger is more appropriate.
- For Deals involving a homogeneous element where leftovers are allowed or a specific number of elements must be reserved together, either the Capacity or Segment Trigger can be used.
A homogeneous element refers to a uniform item that can be divided or measured consistently. In this context, participants can reserve a certain quantity as a group, and it must be fulfilled entirely or not at all (referred as collective reservation).- The Segment Trigger is particularly suitable when dealing with a single continuous item, such as a rope, where it involves dividing the item into smaller sections.
- The Capacity Trigger is more suitable for non-continuous items like those measured by weight or volume.