Revenue Cloud Interview Questions
1) Explain Price Waterfall ? The Revenue Pricing Waterfall is a multi-step process/sequence that utilizes different prices and discounts to get us to the Net Price . It is described as a waterfall as it works its way from top to bottom through the different prices and discounts/adjustments. List Price: This is the starting point – the menu price. Let’s say the List Price for Domino’s “ExtravaganZZa” large pizza is $20, as listed in their Price Book. Contracted Price: Domino’s has loyal customers, like the “Pizza Club,” who dine-in every Tuesday. They’ve negotiated a 5% discount on all pizzas through a loyalty program. So, for them, the Contracted Price for the “ExtravaganZZa” isn’t $20 but drops to $19 ($20 minus 5%). Special Price: On occasions, Domino’s offers a special one-day promotion, like “Cheesy Thursday,” where all pizzas have an additional 10% off. This promo is applied on the Contracted Price or the List Price. For the loyal “Pizza Club,” ...