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Pricing Administration Guide > Setting Up Component-Based Pricing >
Creating a Relationship-Based Price Adjustment
Relationship-based price adjustments allow you to adjust the list price of a product when it is a component of a customizable product. For example, you may sell a model of computer monitor for $300. If the customer who is buying one of your desktop computers chooses this monitor model as an options, you can reduce its price 10% from this list price. The types of adjustments you can make are described in Table 20.
Table 20. Adjustment Types for Relationship-Based Pricing
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Discount Amount |
Reduces price by: amount entered in the Adjustment Value field. |
% Discount |
Reduces price by: (amount entered in the Adjustment Value field/100) multiplied by the list price. |
Markup Amount |
Increases price by: amount entered in the Adjustment Value field. |
% Markup |
Increases price by: (amount entered in the Adjustment Value field/100) multiplied by the list price. |
Price Override |
Overrides the original list price with: amount entered in the Adjustment Value field. |
To define a relationship-based pricing adjustment
- Display the components of the customizable product in the Pricing Designer, as described in Viewing a Product's Components in the Pricing Designer.
- In the Adjustment Type field of the component, select the adjustment type.
- In the Adjustment Value field of the component, enter the adjustment value.
- Collapse the relationship, then expand it, in order to refresh the display.
- Verify that the component's Item Price reflects the pricing adjustment.
NOTE: You can modify the relationship-based adjustment by editing the amounts in the Adjustment Type and Adjustment Value field, and you can delete the relationship-based adjustment by deleting the amounts in these fields.
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