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12.4 Surge Pricing Feature – User Manual Guide

Module: Surge Pricing
Platform: Admin Panel
Powered by: Yelowsoft

Overview

Surge Pricing is a powerful feature within Yelowsoft’s pricing system, designed to dynamically increase fare rates during high-demand periods. This helps ensure better driver availability, maximizes revenue, and improves customer service during peak times.

Accessing Surge Pricing

To manage Surge Pricing:

  1. Log in to the Admin Panel.
  2. From the left-hand menu, navigate to Pricing.
  3. Click on Surge Pricing.

Here, you can view all existing Surge Pricing rules, including:

  • Surge Name
  • Applicable Dates & Days
  • Vehicle Type
  • Surge Duration (Start/End Time)
  • Surge Value (Flat or Multiplier)
  • Status and available actions (Edit/Delete)

How to Create Surge Pricing

Click on Create Surge and follow the steps below:

1. Select Timing

  • Define Start Time and End Time (e.g., 9:00 AM – 11:30 AM).
  • Choose Days (e.g., Monday to Friday) or select a specific Date Range (ideal for holidays or events).

2. Define Surge Type

  • Apply by Location (e.g., Airports, Business Hubs, Railway Stations).
  • Set Surge Type:
    • Flat Increase (e.g., additional $5 on base fare)
    • Multiplier (e.g., 1.5× on trip fare)

3. Select Vehicle Type

  • Assign Surge to one or multiple vehicle types (e.g., Sedan, SUV).

How It Works in Real Time

  • When a user makes a trip request within the defined zone, time, and vehicle type, the surge price is automatically calculated and applied.
  • Surge Pricing will override the base fare and reflect the increased fare directly on the user's app before booking.
  • If multiplier-based:
    Fare = Base Fare × Surge Multiplier (e.g., $100 × 1.5 = $150).

Business Impact & Benefits

  • 💰 Higher Driver Earnings: Motivates more drivers to stay online during busy hours.
  • 🚗 Better Availability: Increases vehicle presence in high-demand areas.
  • 📈 Boosted Company Revenue: Surge fares lead to higher commissions.
  • 🤝 Fairness & Transparency: Customers see surge fares upfront.

Conclusion

Surge Pricing empowers taxi and dispatch companies to handle peak hours effectively. With strategic zone and time-based pricing, Yelowsoft ensures a balanced ecosystem benefiting customers, drivers, and the company.