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# Basics Of Pricing

## Overview

When it comes to pricing, we start with the concepts. Examples are provided just to aid comprehension.

#### Factors

The items that are quantified and effective in computing the cost. For instance, the distance between the pick-up and drop-off points or the initial fixed price (base fare).

#### Formula

Using factors, determine the cost.
Example: Base fare + (distance * per kilometer price)
Note: The admin can set the value of each factor.
Example: price per kilometer: \$2.
\$2, here is the amount.

#### Price

For an order, the result of performing the formula with the entered amount of factors.
Example
Base fare factor: 3
price per kilometer: 2
Distance between pick-up and drop-off: 5 km
Formula: base fare + (distance * per kilometer price)
Price: 2 + (5 * 3) = 2 + 15 = 17

## Pricing Factors

We'll look at the factors that influence pricing in this section. What things are included in the final price calculation for an order? The goal of this part is to ensure that you have a thorough understanding of the pricing components. On the following page, we'll go over the formula and how to compute the price.

#### Pricing Formula

The pricing formula is what determines how the price is calculated. Each formula is made up of factors that influence the final price. The admin panel is where you set the values for these factors.

#### Order type

There is a different price formula for each order type. For an order type, some things may be ineffectual. There are four different order types and four different formulas in Onro.

#### Service

There are effective pricing factors for each service that are quantified separately for each service. Factors such as the length of the path, the fixed cost, the duration of the path, and so on.

#### Service Options

It is possible to define options for each service. Service Options can be included in the pricing, and their selection will influence the final price.

#### Vehicle Type

There are effective pricing factors for each vehicle type that are quantified separately for each vehicle type. Factors such as the length of the path, the fixed cost, the duration of the path, and so on.
For example, the bike’s cost per kilometer can be set at \$2, while the car's cost per kilometer can be set at \$5.

#### Vehicle Type Options

Options can be defined for each vehicle type. Vehicle Type Options can be included in the pricing, and their selection will influence the final price.

#### Zones

Zones are defined independently, and the price between them can be defined. For each service and vehicle type, the price between zones can be recorded separately.

#### Distance

The distance is the length of the path taken by the driver to complete an order. From the point where the package is received to the point where it is delivered. One of the pricing parameters that might be priced at various intervals per kilometer is distance.

#### Duration

The amount of time a driver spends on an order is referred to as duration. From the point where the package is received to the point where it is delivered. One of the pricing characteristics that might be charged at different minute intervals is the duration (time).

#### Constant Costs

For each vehicle type, factors that are added to the order cost on a regular basis can be defined. For example, the base fare is seen as a fixed cost.
It is optional to define constant costs.

#### Coefficients

The company may want to define coefficients that influence the estimated price in particular instances. These coefficients have the ability to raise or lower the price.

#### Surcharges

Surcharges are government-imposed costs such as tolls or taxes. It is feasible to include these types of factors in pricing calculations.