How to map your competitors by space
In order to take competitors into account in your pricing decisions, it is necessary to first map your competitors’ spaces with those of your own establishment.
This will also help you to visualise the prices of your compset in a more comfortable and agile way from the Competitors module.
To map your competitors according to the space you are configuring follow these steps:
- From the Space creation or edition pop up, go to the Competitors tab.
- Select the space of your establishment that you are configuring. When you select the options, you will see the price tag that indicates the average price for the next 365 days.
- If you want Beonprice to help you to automatically map your competitors’ spaces that are similar in name and/or price, click on the option Automatically map competitors’ spaces.
- Check if the slots assigned to each competitor are the ones you really want to include in the price recommendations.