November 22, 2024

Bringing More Speed and Agility to Airline Pricing for the Post-COVID Revenue Manager

In every discussion with a consumer, one key discussion we have with them is to comprehend if AirGain 2.0 made it simpler for them to not only test their pricing techniques but likewise made it much faster and agile to make changes to the system.
One challenge we are looking to fix for since the beginning of the COVID-19 pandemic is to be able to deal with volatility in the fastest method possible and make it easier for earnings along with pricing groups to make modifications.
Introducing One Click Report Changes
For the very first time in the market, we are dealing with a really common problem that can save hours of effort. The majority of pricing teams deal with editing multiple records in case of addition of a data set that is common to all reports, having to upgrade every report separately making the task ordinary and without any real ROI.
Using the bulk upgrade feature, profits supervisors can now save hours of effort and psychological peace by updating all reports with a single click. Now adding a brand-new OND or modifying an existing departure date across various reports ends up being super simple and effective
The user can simply choose the reports they want to at the same time upgrade, and then add, erase or edit Origin and Destination (OND), Departure Dates, Channels and Schedule
Post getting in the brand-new worths or making the corrections to these options as wanted, the user will have to press Update for the changes to be updated and shown on all the reports previously picked by the user.
Combined with the new module for report generation which has actually been updated for improved speeds and usability, bulk upgrade lets you experience versatility and great tweaking, unlike any other SaaS.
Ultimately, with making use of Bulk Update, many work-hours can be conserved in the long run, resulting in better efficiency and better resource optimization
Agile Reporting
Getting faster access to reports and the capability to manage them was a vital requirement of all of our clients. In AirGain 2.0 report generation is now boosted and offers the users with a problem-free and seamless experience of getting reports by themselves, without the requirement for intervention by consumer success groups.
Report generation has been reworked from the ground up to provide improved filling speeds compared to the earlier version, simpler ways to develop, see, modify, and clone reports as well as methods to bump up the priority of a provided report. The stop-pause report feature has actually also been included in the brand-new report generation module in AirGain 2.0.
The clone reports function helps in rapidly creating another copy of a picked report, which is perfect in cases where there is a need for 2 similar reports with minor changes or distinctions.
The bulk update function as discussed earlier makes it easy to manage multiple reports in one go, minimizing the troublesome task of manually sieving through many reports to update or correct a single information entry.
There are no limits on the number of reports a user can create, and all these reports can be individually tailored to the particular requirements of the user. These reports can also be arranged and filtered to show exactly what the user requires, without needing to by hand go through every report that may not be pertinent to the specific requirement at a provided time.
While these features may not be something special as compared to other solutions in the market, what differentiates them is the ease of usage and minimized dependence on technical help for report generation as well as modification. All these features are being provided as a part of the entire AirGain plan without surcharges to the user.
An Array of Features to Make Revenue Management Easier
With features like MarketSense and Bulk Update, which are crucial industry differentiators, the users can experience a service that is detailed in all relates to.
Market Sense, which is also incorporated into AirGain 2.0, is a personalized module that lets airline income supervisors established specific guidelines based upon alternatives such as ONDs, departure dates, channels, fares, and so on. This would help them get real-time actionable insights and improve their income margins.Data revealed in AirGain 2.0 is sourced from over 200 tracked airline companies, 50 METAs, 170 OTAs, and 700+ websites to ensure a consistent circulation of upgraded information that is easily offered for earnings managers and pricing groups to act upon. Newer sources are added frequently after proper confirmation of the information being obtained.
AirGain 2.0– What Every RM Needs!
As pointed out earlier, our team at AirGain continuously aims to better the item with each iteration, ensuring that our customers get the very best air travel prices option presently present in the market.
If youre not already persuaded about the capabilities of AirGain 2.0, contact our professional advisors for a complimentary demonstration of our tailor-made solution for the airline market. A first-hand experience of an air travel rates intelligence product like no other would help you make an informed option.
About the Author
Vikram Syal Vice President– EngineeringRateGain
In his present function, Vikram Syal leads the Engineering group at RateGain and drives the vision, method, and implementation of the integrated systems working together with sales, marketing, and other groups to support the ongoing process and consumer shipments.
With an experience of 12+ years in various technological disciplines, he is a core item lover, highly curious, and detail-oriented ingenious personnel.