Price lists allow you to target a specific set of prices to a specific group of customers.. Typically, prices are defined in a base price list and inherited by other price lists. That way, you can create a hierarchy of price lists and change prices only when you want to override inherited values. For example, suppose the price of the product Sleeveless Polo is defined as $19.99. All the Sleeveless Polo’s SKUs inherit the price of $19.99 unless you explicitly override that price. For instance, you could lower the price of all SKUs for white Sleeveless Polo shirts during a week-long sale event.

You manage price lists in the Merchandising Price Lists view.