Process: Extended site pricing
Flow
Objective
Assign what amount a particular customer will be charged for a particular catalog entry.
Description
The Product Manager will set prices for products and kits based on pricing data (marketing analysis, profitability, and so on). These prices are set by either applying a price to the default contract (as in a consumer direct model) or by creating contracts with organizations that have negotiated prices for a set of products.
Features
- price override of products by adjustment or fixed pricing
Customization
None
Edition
Enterprise
Tasks
Task Description Role Override price Sets a price for a product against the master catalog. Each product may have a different price assigned for each supported currency. Each supported currency may have ranged pricing based on quantity purchased. This is the price that is used within the default contract for a store. Shoppers may be entitled to other contracts that could result in a different price being offered.
Product Manager Set price Sets a price for a product against the master catalog. Each product may have a different price assigned for each supported currency. Each supported currency may have ranged pricing based on quantity purchased. This is the price that is used within the default contract for a store. Shoppers may be entitled to other contracts that could result in a different price being offered.
Alternatively, the price may be defined in a separate price list:
- one of a set of price lists in a store to be used by contracts (list price for markdown adjustments, cost price for markup adjustments, and others as the business defines) for the basis of price adjustments
- a nominal cost price list to create floor prices for CSR price limits
- a fixed price list to be associated with a contract
Product Manager Set price adjustments Allows the reseller to set a pricing adjustment on a manufacturer's product. For example, a manufacturer's products may have a MSRP price list set against them. In this case, the reseller may wish to set an adjustment that offers all products in a particular category at a 10% below the MSRP price. Alternatively, the manufacturer may have prices set according to cost. In this case, the reseller would mark-up the prices based on a percentage they wish to make on each sale (say, 15%).
Product Manager
Business artifacts
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