How do I calculate the uplift for channels?
You may wish to uplift your prices to cover channel commission. Channels calculate their commission on the total uplifted price meaning that your uplift will need to be more than their commission rate.
Uplifting prices on channels is useful to cover costs. But bear in mind that excessive uplifting may result in uncompetitive prices and very few bookings. Before uplifting to cover the entire channel commission you should also bear in mind the acceptable cost of a booking.
Download the following Excel template to help you calculate the appropriate uplift.