Dynamic pricing

Rates that move with demand, not a spreadsheet you forgot to update

Most NZ operators set a daily rate once and leave it — so the long weekend that sells out and the wet Tuesday that sits empty get charged the same. Glovebox watches how booked-up you are, how close the pickup is, and how fast a date is filling, then adjusts the quote within limits you set. It starts in shadow mode, so you see what it would charge before it ever touches a price.


What moves the price

Three signals, read on every quote

No black box. The price moves on a few plain signals you can reason about — and every adjustment shows its working, so you always know why a quote came out where it did.

Supply

Fleet utilisation

When a vehicle group is nearly all out for the dates, the rate firms up. When it is sitting idle, it eases off to help fill the gap. Real availability, not a guess.

Timing

Booking lead time

A booking made tonight for tomorrow is worth more than one made three months out. A small last-minute premium and an early-bird easing, tuned to how far away the pickup is.

Momentum

Booking pace

Is this date filling faster than the same weekday usually does at this point? If demand is running hot it nudges up; if it is lagging, it eases. Learned from your own booking history.


Live

See it decide — with the real engine

Every number here is computed by the exact DynamicPricingService that runs in production. Move the demand signals and watch the multiplier, the factor-by-factor reasoning, and your guardrails.

The operator's controls

Recommended multiplier

base · charged now

Your floor & ceiling

Why — every factor, explained


No surprises

See it before you trust it

Dynamic pricing arrives switched to shadow mode: it works out what it would charge on every real quote and logs it — without changing a single price a customer pays. Nothing is live until you say so.

A dashboard in your admin shows what it would have charged, the projected revenue difference, and how those quotes actually converted. Watch it for a couple of weeks, and turn it live for a workspace only once the numbers convince you.

Shadow dashboard

Quotes scored
1,284
Avg adjustment
+6.4%
Projected lift
+$3,180

Illustrative figures. Your dashboard shows your own quotes, your own numbers.


Your guardrails

It never goes off the rails

Demand-based pricing is only useful if you can trust it not to embarrass you. The limits are yours, and they are hard limits.

Floor and ceiling

Set the lowest and highest the price may ever move — say never below 80% or above 150% of your base rate. The engine clamps to your bounds, always.

How hard it pushes

A single dial — conservative, balanced, or aggressive — sets how strongly demand moves the price. Start gentle and turn it up as you build trust.

Your overrides win

Pin a rate by hand for a booking and the engine leaves it alone. Your seasonal and length-of-hire rules still apply underneath — this sits on top, not instead.

Every move explained

Each adjustment records its reasons in plain language — “+12%: 85% booked, 9 days out” — so you and your customers are never left guessing.


Same engine everywhere

Your Glovebox Site or your widget

Dynamic pricing runs behind the booking flow, so it works the same whether customers book on a Glovebox Site or through the embed widget on the site you already have. One set of rules, one place to manage it — no second system to keep in step.


The honest bit

It learns from your bookings

The pace and timing signals read your own booking history, so they sharpen as that history builds — figure on a couple of months and a steady flow of bookings before a vehicle group has enough to lean on. Until then it stays neutral rather than guess: a brand-new or quiet group is never moved on noise. Shadow mode is collecting from day one, so by the time you go live you are deciding on your numbers, not ours.


Next step

Let the quiet Tuesdays pay for themselves

Ninety days free, no credit card to start. Run dynamic pricing in shadow mode, watch what it would earn, and switch it live when it has earned your trust.