Price lists can be used to implement many pricing models. You can use volume pricing to set the price of a product based on the number of items purchased. Bulk and Tiered pricing are two styles of volume pricing.
Bulk pricing calculates the price of a product based on the total quantity ordered. In the following example, hammers are priced at $20 each when you buy 1 to 10 hammers, $17 each when you buy more then 11 to 20 hammers, and $15 each when you buy 21 or more hammers.
Number of hammers purchased | Bulk Price per item | Bulk Price Total |
---|---|---|
7 hammers | 7 hammers @ $20 each | $140 |
14 hammers | 14 hammers @ $17 each | $238 |
23 hammers | 23 hammers @ $15 each | $345 |
Tiered pricing calculates the price of a product using fixed quantity or weight at different pricing levels. In the following example, hammers are priced at $20 for the first 10 purchased, $17 each for the next 10 purchased, and $15 each for any additional hammers.
Number of hammers purchased | Tiered Price per item | Tiered Price Total |
---|---|---|
7 hammers | 7 hammers @ $20 each | $140 |
15 hammers | 10 hammers @ $20 each | $285 |
23 hammers | 10 hammers @ $20 each | $415 |
Viewing Volume Pricing
Follow these steps to use the ACC to view the volume pricing set for a SKU in a price list.
View the SKU pricing for your available price lists. For more information, see the Viewing Existing Price Lists section.
Select a price field that is set for Volume Pricing.
Right-click on the field and select View Volume Price from the menu. The Volume Pricing box opens.
Click on Dismiss to close the Volume Pricing box. See the Setting Volume Pricing section for information on how to edit the information in this box.
Setting Volume Pricing
Follow these steps to use the ACC to set or edit the volume price of a SKU in a price list.
View the SKU pricing for your available price lists. For more information, see the Viewing Existing Price Lists in this chapter.
Select a price field in a price list.
Right-click on the field and select Set/Edit Volume Price from the menu. The Volume Pricing box opens.
Select Bulk or Tiered from the Pricing Method area at the bottom of the box.
Enter the quantities and prices of the pricing scheme in the columns provided. Use the Add and Remove buttons for adding and removing rows.
Click on OK.