Uplift and Markup Pricing
Oracle CPQ 24B introduces the new Markup List type for CPQ Price Models to support uplift and markup pricing. The Markup List type allows administrators to define simple conditions and add markups for the child Price Model Items. Similar to Discount List types, the applied markup adjustment can be specified by Amount or Percent. Additionally, the list type and adjustment type cannot be modified after the initial creation of the Price Model. The Markup List type is applied to all child Price Model Items, but administrators can define different values for the markup Amount or Percent for each Price Model Item.
Customer can use Markup Lists to apply uplift or markup pricing to products and services.
Steps to Enable
Add a Markup List Price Model
Complete the following steps to create a Price Agreement in the CPQ Pricing Portal.
- Navigate to the Admin page.
- Click Pricing Portal in the Products section.
- Click on the Price Models card.
- Select the Add from the Actions drop-down.
- Enter a name in the Name field.
- Enter the Variable Name.
- Select Markup List from the List Type drop-down.
- Select the Adjustment Type.
- Amount: Select this option if you will enter markup adjustments in amounts.
- Percent: Select this option if you will enter markup adjustments in percentages.
- (optional) Select a Start date. This effective start date value will apply to all child Price Model Items.
- (optional) Select an End date. This effective end date value will apply to all child Price Model Items.
- (optional) Enter a Description.
- Click Create.
- (optional) Add Simple Conditions.
For addition information about adding conditions, refer to CPQ Administrator Online Help > Pricing > Pricing Portal > Price Models – Add a Price Model.
Tips And Considerations
Beginning in Oracle CPQ 24B, Discount List, Markup List, and Price List type Price Models prices and discounts allow negative values and percentage values greater than 100%.