The following table describes common terms used in pricing. Each of these terms is described in detail in the chapters that follow.
Pricing Term | Definition |
|---|---|
Calculator | An object that looks at all or part of an |
Condition | The first part of a PMDL rule, which defines when something can receive a discount. |
Fractional Unit | A quantity of a product or a SKU that contains a fraction. For example, a half (1/2) yard of fabric. |
Offer | The second part of a PMDL rule, which defines which part of an order receives a discount. |
| An object that contains the price of part of an order. There are four main kinds of |
Pricing Model Definition Language (PMDL) | Describes promotions. This includes the discount rules for when a promotion may apply (the condition), the rules for what may be discounted (the offer), and how to apply the discount (for example, 10% off). The ACC includes an interface for creating rules, as does Oracle Commerce Merchandising; see the Guide to Setting Up a Store and the Merchandising Guide for Business Users. |
| Describes why and how a particular price was changed. It includes a description of the change and the amount. It also contains the promotion (if any) that triggered the change. See the DetailedItemPriceInfo object for information. |
| Provides the items being priced, the order, the site, the promotion, the locale, and the profile used when a price was calculated. It can also include secondary information not applicable in all cases, such as the shipping group. |
| A repository item that describes a discount. It includes a PMDL rule and the discount type and amount. It also contains information about when the pricing model may be used, including upsell information if applicable. |
Promotion | Allows you to offer periodic discounts on specific products or groups of products. See PMDL and |
Qualifier | A service that interprets a PMDL rule and decides if anything may be discounted. |
Time-Based Pricing | Allows you to configure product or SKU prices based on a specific time frame. For example, you can set up the price of a specific SKU that is used only during 9:00 to 10:00 on January 1st. For detailed information on Time-Based Pricing, refer to the Time-Based Pricing section. |
