Siebel Pricing Administration Guide > Creating Product Promotions > Process of Creating Product Promotions >

Specifying Pricing for Product Promotions


All promotions involve giving customers price adjustments on some or all products. For example, a promotion may offer a discount on a table if the customer buys a set that includes the table and four chairs.

Use the Pricing view to define the price adjustments for this promotion. You can define two types of price adjustments:

  • Component. Define price adjustments for individual products.
  • Aggregate. Define price adjustments for multiple products. There are two types of aggregate rules:
    • Aggregate Conditional Rules. Define rules for all the products in a product class or product line. For example, you could give a 10 percent discount on all digital cameras and a 15 percent discount on all film cameras, if these are two product lines with products that have been included in the promotion.
    • Aggregate Default Rules. Define rules that are applied by default if the line item product does not match any individual product pricing rule or any conditional aggregate pricing rule.

This task is a step in Process of Creating Product Promotions.

To specify price adjustments for individual products in a product promotion

  1. Navigate to the Administration - Product screen > Product Promotions view.
  2. In the Product Promotions list, select the promotion for which you are specifying pricing.
  3. In the Versions view, select the Check Eligibility and Compatibility check box.
  4. Click the Pricing view tab.
  5. Click Components on the link bar in Pricing view.
  6. In the Pricing Components list, add a record for each product whose price will be changed by the promotion and complete the necessary fields. Some fields are described in the following table.
    Field
    Comments

    Product Name

    Select a product.

    Adjustment Type

    Select the type of price adjustment applied to this product. Options are Discount Amount, % Discount, Markup Amount, % Markup, and Price Override.

    Adjustment Value

    Enter the value of the Adjustment. How this value is used depends on the selection in the Adjustment Type field:

    • Discount Amount. The adjustment value is subtracted from the product price.
    • % Discount. The adjustment value is a percentage of the product price, which is then subtracted from the product price.
    • Markup Amount. The adjustment value is added to the product price.
    • % Markup. The adjustment value is a percentage of the product price, which is then added to the product price.
    • Price Override. The adjustment value is used as the product price, overriding the original price.

To specify price adjustments applied to a product class or product line in a product promotion

  1. Navigate to the Administration - Product screen > Product Promotions view.
  2. In the Product Promotions list, select the promotion for which you are specifying the pricing.
  3. Click the Pricing view tab.
  4. Click Aggregate on the link bar in the Pricing view.
  5. In the Pricing Aggregate list, add a new record and complete the necessary fields. Some fields are described in the following table.
    Field
    Comments

    Type

    Select the type of aggregate adjustment. Options are:

    • Aggregate - Default. This is a default pricing rule. If the line item product does not match any individual product pricing rule or any conditional aggregate pricing rule, the line item price is adjusted using this default rule.
    • Aggregate - Conditional. The adjustment is applied to product classes or product lines. When this value is selected a user must define the Group Field and Group Value fields.

    Product Line

    If you selected Aggregate - Conditional as the type, you can select a product line to which the adjustment applies.

    Class

    If you selected Aggregate - Conditional as the type, you can select a class to which the adjustment applies.

    Adjustment Type and Adjustment Value

    Enter the price adjustment. These fields are used in the same way as in the Pricing Components view, which was described in the previous procedure.

  6. If you selected Aggregate - Conditional as the type, you can add more records to define adjustments for additional product lines and classes.
Siebel Pricing Administration Guide Copyright © 2006, Oracle. All rights reserved.