Business Source: Small Business Information, Best Practices, Tips, News & Resources
Business Sources
The guests are primarily
responsible for the growth or loss of your business and so it is very much
important to keep track of from which source the business comes in. In order to
improve business we might commission some of the agents who bring the business
for us, do marketing by various means, try to get corporate business.
Business source functionality identifies for us,
- How business is coming to property?
- Where
should you spend money for marketing?
- Is your online reservation brings business for you?
- Is your website performing well?
- Are you succeeded in attracting Corporate Business?
Answer to about questions will surely help you using your
advertisement fund efficiently. Also it will help your marketing team to bring
more business for your property.
In businessource,
you can maintain a log of all the business sources those are commissioned and
noncommissioned. You can also define and apply different rates (special rates)
to the guests brought by business sources. You can also include the business
sources in the direct billing so that if the guest is assigned the same, you
can later collect the payment from business source.
Monthly commission report in the businessource
displays the overall computed commission for each business source contact. Thus,
you are relieved from the error prone task of commission computation. You can
also generate business source wise transactions report.
There are three steps involved
before you attempt to assign the business source to the guest.
1. Define the business source
2. Add the business source contacts
3. Special rate definition for each business contact
Define the business source
You need to define the business
sources first and decide whether he could be commissioned or not. For e.g. Taxi
Driver.
To define new business source,
from the Tools menu, click on Business Source. The following form
gets displayed.
Special rate definition for each business contact
Having finished adding business
source contacts, you need to define the special rates for each room type of
preconfigured Daily rate type if necessary. The guests coming through the
business sources can be applied special rates if necessary. That is you need to
explicitly select the special rate option for the guests if required to apply.
But to apply the special rates you will have to define it first.
To define the special rates, from
the Tools menu, click on the Rate Definition for Business Contacts
submenu. The following form gets displayed.
Enter the room rate (Rate) for
each room type (Room Type) of each business contact.
Having finished all the primary
steps involved in business contact, let’s see how to assign the business
contact to guest.
You can assign the business source
contact to guest during reservation or checking in. You will find the Business
Source combo as follows.
Businessource.com
- A Trusted Business Directory in