Pricing Rule

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File:Icon.Pricing rule.png

The pricing rule module allows you to markup or markdown your product prices for customers. Pricing Rules may apply to Specific Customers, Customer Groups, Products, and/or Product Trees. The pricing module is a convenient way to quickly and accurately provide price adjustments for your products.


A few main features of the Pricing Rule Module include:

♦ Setting quantities or date ranges per pricing rule

♦ Setting quick and easy discounts for temporary sales

♦ Providing discounts or specific prices for valued customers

♦ Specifying Cost Plus Pricing


You can duplicate pricing rules using the Duplicate button in the Module Toolbar. With a duplicated pricing rule you only have to change product and price for each given customer.


Applying Pricing Rules

Example 1:

You have a Customer Group labeled Valued Customers, and set a pricing rule to state that all of your Valued Customers receive a 20% discount (markdown) off the product price of all items.  With the information shown below, each Valued Customer to purchase the super flash handlebars would receive $2.80 off their purchase, and $11.20 would show in blue on the Sales Order to confirm it has been modified from the List Price.


Item Type Price Markdown New Price
Super Flash Handlebars 20% Product Price Markdown $14.00  -$2.80 $11.20


Example 2:

Your company desires to have a 100% markup on a certain product. Below the pricing rule has been established for Heavy Duty Water Bottles to be marked up 100% relative to the Average Cost. With the information shown below customers would be charged a markup of $3.00. The new price of $6.00 would show in blue on the Sales Order to confirm this price has been modified from the List Price.


Item Type Average Cost Markup New Price
Heavy Duty Water Bottles 100% Average Cost Markup $3.00 $3.00 $6.00



Pricing Rule Precedence


Since you are not limited in the number of pricing rules that may be created, several rules may apply for the same customer or product (for example, a customer may exist in more than one Customer Group pricing rule, etc.) In cases such as these, the following rules apply:


  1. Pricing Rules have a precedence in the following order:
    1. Customer Specific Pricing Rules
    2. Customer-Group Pricing Rules
    3. Fixed Pricing Rules
  2. If multiple pricing rules exist for a product then the higher/lower (based upon the Pricing Rule Module Options) calculated price will be the price given on the Sales Order.
  3. Pricing Rules referencing nodes lower in the Product Tree take precedence over rules assigned to higher nodes of the tree.
  4. When two or more pricing rules are deemed valid, but each rule applies to a distinct Product Tree branch, rule 2 will be used to determine which rule to apply.


NOTE: When a price comes down from a previous tier it is just the price; not the pricing rule. So, for instance, if the winning rule from Tier 2 was a Customer Specific pricing rule and there is a Customer-Group Pricing Rule in Tier 3, the Customer-Group Pricing Rule would take precedence because the Tier 2 price is simply a price. It does not come down with the precedence of a Customer Specific Pricing Rule.