Price lists support two volume pricing models: bulk pricing and tiered 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 11 to 20 hammers, and $15 each when you buy 21 or more hammers.
Number of hammers purchased | Bulk Price per item | Order total |
|---|---|---|
7 hammers | 7 hammers at $20 each | $140 |
14 hammers | 14 hammers at $17 each | $238 |
23 hammers | 23 hammers at $15 each | $345 |
Tiered pricing applies different prices within the same order of identical items. Each price is assigned to a quantity range. 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 | Order total |
|---|---|---|
7 hammers | 7 hammers at $20 each | $140 |
15 hammers | 10 hammers at $20 each | $285 |
23 hammers | 10 hammers at $20 each | $415 |
