To make the selection between different revenue models clearer in both Office Settings and where Project managers work with products, we’ve introduced billing model options for products in Qondor. Read on to learn about the three billing models and how it works.
AVAILABLE BILLING MODEL OPTIONS
Standard / Margin
You generate revenue by adding a markup to the cost of a product or service. You purchase the product or service at a lower price and sell it at a higher price, with the difference (the margin) representing your profit.
Pass-through
You act as an intermediary, billing the customer for a product or service delivered by a third party without applying any markup. Revenue in this model typically comes from additional fees, commissions, or service charges rather than directly from the sale itself.
Referral
You earn revenue by directing customers to other companies or services. The referred customer pays the supplier directly, and you receive a referral fee or commission for facilitating the introduction.
BILLING MODELS FOR PRODUCTS
Products and Accommodation products (room type-level)
Depending on the numbers of billing models enabled for an office, Project managers will see either two or three buttons, when editing products or accommodation products:
Standard/Margin
Referral
Pass-through
Here's how it looks👇
💡Good to know:
The Billing model will be locked if the product has been invoiced.
The Billing model will not be displayed if the Offer module is disabled.
The Billing model will not be selectable on products that have Form options in Who is paying (Customer based on bookings or Booker).