TRACK Tip Tuesday on Derived Rates
Track offers several methods to set rates and manage revenue. Using Derived Rates, you are able to select a base rate and then create a rate with a predetermined increase or decrease on the Base Rate. Using Derived Rates you will be able to manage a single rate and have all Derived Rates update automatically. This can also be used to direct traffic away from channels by offering a lower direct rate, while simultaneously padding your rates for distribution channel commissions. To set up your new Derived Rate, you will need to set up a Base Rate first, then follow these steps.