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# How to create a price tier

Price tiers let you define pricing based on categories you specify, such as Senior, Adult, Youth, or Infant.

When creating a price tier, you are setting the standard pricing for your product. The options available will vary depending on the product class you selected earlier:

* **Participant-based activity** - Set pricing by participant age group.
* **Rental/unit-based activity** - Set pricing by item size or capacity.

Resmark provides recommended price tier names, but you can create custom names as well. If your product is one price for all customers regardless of age, size, or other factors, you can choose **Simple Pricing** instead.

| **Note:** Custom pricing for peak days, holidays, or other special cases can be set up **after** your inventory has been generated. From the **Inventory** section of your product, you can edit a single session or multiple sessions at once.

![Animated walkthrough of the price tier setup step](https://storage.crisp.chat/users/helpdesk/website/7eae72490a293c00/73f5c319-c57d-4821-8fef-ecb140_8hvf54.gif)

### Participant-Based Pricing

For participant-based activities, price tiers include age columns for each category.

![Animated example of participant-based price tier entry with age columns](https://storage.crisp.chat/users/helpdesk/website/a68be823b918c000/d750c5a9-4988-4b45-8ce6-c33b54_1jkuawj.gif)

### Rental-Based Pricing

For rental-based activities, the age columns are not present.

![Animated example of rental-based price tier entry without age columns](https://storage.crisp.chat/users/helpdesk/website/7a0b8637bc016400/67cf4b9b-a540-4172-8ce5-224684_etzdgx.gif)