Product

Understanding the 'Product' Concept in Lavanda

1. Definition: A product, in our context, is essentially the sellable item that guests select and purchase.

2. Composition:

• Space: This refers to either a specific unit or a unit type within our inventory.

• Pricing Line: The pricing structure can vary based on different durations such as nightly or calendar monthly rates.

• Availability: Whether the space for this product is available

• Terms of Sale: These dictate the conditions of the purchase and include elements like the cancellation policy.

• Eligibility Criteria: The product may have specific prerequisites for purchase such as:

  • Length of stay requirements

  • Contractual obligations

  • Down-payment details

  • Associated fees

  • Billing cycles

3. Visibility: The product is what guests encounter and interact with on various booking platforms. Whether they're navigating Lavanda's in-house booking engine or exploring external channels like Booking.com and Airbnb, it's the product they see and select.

The commerce suite of APIs are to surface product options for potential guests to purchase, whereas the manage suite of APIs are for managing the product itself.