1. Using Launch Experience
  2. Set Up Price Alterations

Set Up Price Alterations

Here you can add volume discount, fixed discount, percentage discount, tiered discount, fixed markup amount, percentage markup amount, and attribute based alterations to the prices that you have set up.

In attribute based alterations you can apply discounts based on the attributes of the atomic product and also specify rules when the adjustments and alterations apply. For example, customers of type gold class get a 10% discount on a specific device variant in the month of June. Another example, a device variant with the color attribute as red gets a 5% discount.

Set Up Price Alterations for atomic offers

The following discount and markup options are available:

  • Fixed discount: A fixed amount is deducted from the base price.

  • Percentage discount: An amount equivalent to the percentage is deducted from the base price.

  • Volume discount: A specific amount is deducted for a range of values. You can also add a simple or a tiered volume discount.

  • Fixed markup amount: A fixed amount is added to the base price.

  • Percentage markup amount: An amount equivalent to the percentage is added to the base price.

  • Attribute-based alteration: Specify the discounts and limit the discounts applied based on the product attributes selected and you can apply rules to decide when the discounts apply. The attributes can come from product specification, service specification, usage specification, custom specification , and customer profile specification.
  • Price override: The adjustment value is used as the price, overriding the original price. All other prices and adjustments are ignored.

As a marketing manager, irrespective of the price alteration type that you use, fixed or markup, you could specify your General Ledger ID and tax codes and indicate whether your discount or markup is either inclusive or exclusive of tax. If you choose to use tax codes, you must load your tax codes using REST APIs and use it in the price alterations. This helps the billing system to take care of the taxation and accounting.

To specify either a fixed or percentage discount:

  1. Go to the Price alterations section of the fee type.

  2. From the Add Price Alterations drop-down list, select either Fixed Discount or Percentage Discount, depending on your discount type.

  3. Enter the following information:

    1. Enter the discount amount or discount percentage.

    2. Enter a start date and end date.

    3. Select a General Ledger ID and Tax Code from the respective drop-down lists.

    4. Enable or disable the Tax Included option.

    5. Click Add.

To specify a volume or a tiered discount:

  1. Go to the Price alterations section of the fee type.

  2. From the Add Price Alterations drop-down list, click either Add Tiered Discount or Add Volume Discount, depending on your discount type.

  3. In the Add Volume Discount or the Add Tiered Discount section, enter the following information:

    1. Enter effective start and end dates. If you set up a period, then the tier is effective in that period. By default, the tier is effective for the duration of the product offer.

    2. Select a General Ledger ID and Tax Code from the respective drop-down lists.

    3. Enable or disable the Tax Included option.

    4. In the Range section, specify a name, minimum quantity, maximum quantity, discount amount, price format, and click the tick icon.

    5. To add more rows, click Add Range.

    6. Click Add.

To specify either a fixed markup or a percentage markup:

  1. Go to the Price alterations section of the fee type.

  2. From the Add Price Alterations drop-down list, click either Fixed Markup or Percentage Markup, depending on your markup type.

  3. Enter the following information:

    1. Enter the markup amount or markup percentage.

    2. Enter a start date and end date.

    3. Select a General Ledger ID and Tax Code from the respective drop-down lists.

    4. Enable or disable the Tax Included option.

    5. Click Add.

To specify an attribute based alteration:

  1. Go to the Price alterations section of the fee type.
  2. From the Add Price Alterations drop-down list, select Attribute-based Alteration.
  3. In the Identifying information section:
    1. Provide the name, ID, and description.
    2. Select the attributes you want to base the price alteration on. You can select from these specifications: product, service, usage, customer profile, and custom profile.
  4. In the Attribute-based Alteration section:
    1. Click Attribute-based Alteration.
    2. Select the operator you want to apply to each of the selected attribute.
    3. Click Add, the alteration row displays.
    4. Specify the attribute values, the adjustment type and amount, and click Save.
      • To add more attribute based alterations repeat steps c and d.
  5. In the Effective Period section, specify the start and end dates for the alteration and when to apply the alteration.
  6. In the Financial Information section, specify the general ledger ID and tax code from the respective drop-down lists.
  7. Click Add.

Set Up Price Alterations for bundle offers

Here you can add fixed discount, percentage discount, fixed markup amount, and percentage markup amount to the prices that you have set up. Bundle price alterations are done at the package level or individual fee level. At feel level all four options are available. At the package level, you only have a percentage discount and percentage markup. Here you can apply the alteration for a particular fee type one-time, recurring, usage, or all. In case you apply a discount to the one-time fee at the package level then this discount is applied to all one-time fees and percolates to the levels below.

The following discount and markup options are available:

  • Fixed discount: A fixed amount is deducted from the base price.
  • Percentage discount: An amount equivalent to the percentage is deducted from the base price.
  • Fixed markup amount: A fixed amount is added to the base price.
  • Percentage markup amount: An amount equivalent to the percentage is added to the base price.

As a marketing manager, irrespective of the price alteration type that you use, fixed or markup, you could specify your General Ledger ID and tax codes and indicate whether your discount or markup is either inclusive or exclusive of tax. If you choose to use tax codes, you must load your tax codes using REST APIs and use them.

Consider the following when you perform a price alteration:

  • You can apply price alteration at the aggregate option level for a package.
  • You can apply price alterations at the atomic offer's attribute-based price group level for service, commercial, or package bundles.
  • You can apply price alterations at the service bundle level configured inside a package.
  • You can apply price alterations at the atomic offer fee level inside a package.
  • You cannot apply price alterations for an option group level that is part of a bundle, commercial, or package.
Note: Any alteration configured at the top level does not percolate down to sub-levels.

To specify either a fixed or percentage discount, or markup:

  1. In the Price alterations section select the fee type: One-time, Recurring, Usage, or ALL. Then click the corresponding Add {fee type} Price Alternation button.

    Note: The bundle price roll-up happens based on the fee type you select.
  2. From the Add Price Alterations drop-down list, specify your discount type or markup type.
  3. Enter the following information:
    1. Enter the discount or markup amount, or discount or markup percentage.
    2. Enter a start date and end date.
    3. Select a General Ledger ID and Tax Code from the respective drop-down lists.
    4. Enable or disable the Tax Included option.
  4. Click Add.