Dynamic Packaging
Dynamic Packaging is process of creating customized package wherein consumers can build their own package by combining multiple travel services like flights + hotels, flight + transfer, flight + tour, flight + hotel + tour, flight + car rental, etc. in one package based on their choice.
Dynamic packaging is a method used in package holiday bookings to enable customers to build their own package of flights, accommodation, and car rental instead of purchasing a pre-defined package.
Dynamic packages differ from traditional package tours in that the pricing is always based on current availability, conduct group tours are rarely included and trip-specific add-ons such as airport parking and show tickets are often available.
Dynamic packages are similar in that frequently the air, hotel, and car rates are available only as part of a package or only from a certain seller. The term "dynamic packaging" is often used incorrectly to describe the less sophisticated procedure of interchanging various travel components within a package; however, this practice is more accurately described as "dynamic bundling".
True dynamic packaging demands the automated recombination of travel components based on the addition of rules that not only dictate the content of the package but also conditional pricing rules based on different conditions such as the trip characteristics, suppliers contributing components, the channel of distribution, and terms of sale.
Dynamic packages are primarily sold online, but online travel agencies will also sell by phone owing to the strong margins and high sale price of the product.
Dynamic packaging is dynamic at several levels. First of all, inventory is sourced dynamically, meaning the dynamic packaging solution will source flights, accommodation and car rental parts for the package in real-time. Secondly, these parts are dynamically combined into packages. Thirdly, the package is dynamically priced and is generally given an opaque total price.
Make the most of Dynamic Packaging's special features by easily creating any promotional or commercial strategy: With Dynamic Packaging's special features, multi-hotel reservations, all services and products in cross-selling or booked without accommodation, from any device.
The Global GDS Dynamic Packaging booking engine is multi-hotel and permits multi-reservation with integration to a simplified and real-time centralized management of allotments and reservations, full website integration for automatic updates and highlights of special offers with a responsive interface to make the most of your clients' habits.
Your customer can make a reservation in a few simple and secure steps. Highlight your services, products and promotions with a dynamic and tailor-made booking engine.
How Dynamic Packaging Works?
Dynamic Packaging works by dynamically sourcing flights, hotels, and car rental and other travel elements in real-time for the package. These elements are then dynamically combined into packages and price is also set up dynamically. Dynamic packaging is dynamic at all levels.
Dynamic Packaging System for Tour Operator and Travel Agent
Global GDS is leading Travel Technology Company offer best Dynamic Packaging System with powerful dynamic packaging software solution for tour operators enabling their customers to build customized package with hotels, flights, car rental and other travel services rather purchasing a pre-defined package.
Dynamic Packaging provides a wide range of travel services including flight, hotel, transfer, and other travel services that can be reserved together as one tour or vacation package.
Dynamic Packaging System is complete Dynamic Packaging Software comes with advanced Dynamic Packaging Engine which assists to identify business rules that are applied to client at time of booking so it becomes simple to add mark-up and dynamically package flight, hotel and other service in one tour or vacation package.
This Dynamic Packaging System empowers tour operators and travel agents to store travel inventory of flight, hotel, tour, car rental and other travel solutions and dynamically combine it together into one vacation package as per customer requirements.
Dynamic Packaging comes with advanced feature of XML API Integration which allow travel agent to get inventory of flights, hotels, etc. from global travel suppliers and combine it with their inventory to build dynamic packages of multiple services like hotels, flights, tours, transfers.
Global GDS have team of experienced developers who develop best Dynamic Packaging System, Dynamic Packaging Software, with advanced Dynamic Packaging Engine that come with Dynamic Packaging Solution which help travel agents or tour operator to manage inventory, define business rules, set prices and markup and build package as per client requirements.
See how Dynamic Packaging is beneficial for Travel Business and which best features of Dynamic Packaging are.
What are Benefits of Dynamic Packaging?
Benefit to consumers:
• Consumers can get a lower price than they purchase each independent component individually from individual travel portal.
• Consumers can plan and purchase their holidays through one website instead of visiting multiple websites to complete their travel plan. This save time and make customer easy to compare price.
• Customer can easily eliminate elements that they are not interested in compare to a traditional travel package. The flexibility to pick and choose makes travel planning extra fun and exciting.
• Customers can make their selections among travel products supplied by numerous service providers instead of the constraint to pick from a limited amount of variety from a single provider.
Benefits to Online Travel Agents:
• Ability to maximise the guest’s revenue from each booking made. With every dollar spent to bring in traffic to the portal, the agent can now potentially sell two or more products instead of just flight alone.
• Capability to provide a full range of travel products e.g. flights, hotels, tours, and more. This shows the image of the portal as an online travel megastore rather just a mini mart.
• Ability to feature your own inventories which the system allows you to upload and manage your own hotel & activities contracts.
Which are the best features of Dynamic Packaging?
See Dynamic Packaging Features:
· Package and Sell multiple travel services in single platform
· Establish your own business rules
· Itinerary Creation
· Add Markup
· Package Choice and Customization
· Flexibility
· Invoice Management
· Payment system integration
· Multilanguage feature
· Multicurrency feature
· Mobile Responsive Design
Why Choose Global GDS?
In addition to the existing regulatory requirements, another crucial consideration is which technology supplier to choose. Building a Dynamic Packaging system from scratch is an in-depth task which needs significant investment and know-how and may not be a viable approach for all businesses.
As Dynamic Packaging technology experts, Global GDS can offer expert and impartial advice on which Dynamic Packaging solution will be best for you. We have many years of experience of working with several Dynamic Packaging system providers and can help you with the vendor selection, system integration and project management of a Dynamic Packaging system lunch.
Global GDS has been at the head of the dynamic packaging technology market helping travel companies to find the right technology and systems to be able to compete in the latest dynamic market.
The correct technology is critical to be able to package and sell products in this new dynamic way. You may well have your in-house flight or bed stock, but you'll probably want to source additional stock from scheduled airlines, low costs airlines and charter airlines as well as get bed stock direct from hotels or bed bank suppliers.
There are then the ancillary products such as transfers, car hire, airport parking, excursions and tours all of which can form part of the dynamic package. If you can’t sell these items, then the customer is likely to buy them from someone else.
There are numerous travel technology companies in the business that will tell you that they have the answer to all of your problems and can provide you with a dynamic packaging engine today, but do they understand the market and the potential pitfalls, which can be very expensive?
If you want to get into the Dynamic Packaging market, contact Global GDS and we will give you independent advice based on our extensive knowledge and experience to ensure that you avoid any costly errors.
CONCLUSION:
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