What is a Reservation Price?

The booking price refers to a preferential price provided by a merchant to increase the economic benefits of its own units for customers who book goods and services in advance. Generally, the booking price is lower than the ordinary market price to promote the sales of goods and services.

Booking price

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The booking price refers to a preferential price provided by a merchant to increase the economic benefits of its own units for customers who book goods and services in advance. Generally, the booking price is lower than the ordinary market price to promote the sales of goods and services.