Basic Price Rules. Presented by Cathy Radford

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1 Basic Price Rules Presented by Cathy Radford

2 Basic Price Rules Options when establishing the selling price for your items Base Prices Contract, Special, and Promotional Prices Mix-and-Match Prices Price Test

3 Items Price-1

4 Base Prices - No Option Select Inventory / Prices / Item Prices Price-1, Price-2, and Price-3 for * (All) Locations Regular price NOTE: For a gridded item the Price-1 is for all cells. Price-1 is the ONLY price used until you create Price Rules. If your price rule utilizes anything other than Price-1, define that price here.

5 Base Prices - Advanced Pricing Option Purchase and register the Advanced Pricing Option

6 Base Prices - Advanced Pricing Option Select Setup / Inventory / Control

7 Base Prices - Advanced Pricing Option Select Inventory / Prices / Item Prices

8 Base Prices Gridded Item Pricing

9 Matches the filter selections Base Prices - Cell Pricing

10 Changed Price type to Location-Cell prices Base Prices - Location-Cell Pricing

11 Base Prices - Pricing Location

12 Base Prices - Summary Select Inventory / Prices / Item Prices Price-1, Price-2, and Price-3 for * Locations Advanced Pricing Option Price-4, Price-5, and Price-6 Location-specific pricing Cell-specific pricing Location-cell-specific pricing Pricing location The selling price is Price-1

13 Basic Price Rules Price Rules specify 4 things How are new Prices calculated Which Items Which Customers Under what Sales conditions Example: Bill Baker pays 7.50 for each pair of item GLOVE, if he buys at least 10 pairs

14 Basic Price Rules CounterPoint provides 4 ways to create price rules Contract Prices Promotional Prices * Special Prices Planned Promotions (creates Promotional Price Rules) The main difference is at what level the item, customer, sales condition, or price is defined. * Promotional prices can be excluded from Loyalty program earning rules.

15 Basic Price Rules Defined at Type of Pricing Contract Promotional Special Group level Dates Customer Dates Rules level Prices Items Sales Prices Items Customer Sales Prices Items Customer Sales

16 Contract Pricing Select Inventory / Prices / Contract Prices Group level

17 Contract Pricing Rules level Prices tab Specify how the price is calculated. Several choices for Method and Basis (we ll look at these in a minute).

18 Contract Pricing Items tab Specify which items are included in the rule.

19 Contract Pricing Sales tab Specify the sales conditions. NOTE: You can create Store pricing without the Advanced Pricing Option.

20 Pricing Method and Basis

21 Mix-and-Match Pricing Select Inventory/ Prices /Mix-and-Match Codes Do not need the Advanced Pricing Option Price can be based on any of the following

22 Mix-and-Match Pricing Select Inventory / Utilities / Assign Mix-and-Match Codes

23 Mix-and-Match Pricing

24 Mix-and-Match Pricing

25 Mix-and-Match Pricing

26 Mix-and-Match Pricing

27 Mix-and-Match Pricing

28 Order of Price Evaluation Contract Prices First Group First rule Second rule Second Group First rule Promotional Prices First Group First Rule Special Prices First Group First Rule The first Group and Rule that matches the current sale determines the price used.

29 Determining Group Order Click Limits Cannot move between Contract, Promotional, and Special pricing NOTE: To simplify the rearrangement of groups - limit all price rules to a single type of pricing

30 Price Test Select Inventory / Utilities / Price Test Bill Baker is not getting the 4 Dozen golf balls for 100, because the Members group is above the GB group.

31 Price Test Change the order of the groups.

32 Price Test Bill Baker is now getting the 4 Doz golf balls for 100, because the GB group is above the Members group. NOTE: It is possible to build a price rule that you cannot test here.

33 Basic Price Rules - Summary Specify - Items, Customers, Sales Conditions, & Price calculation Contract, Promotional, Special select one Price calculation multiple methods and basis Mix-and-Match pricing Test price rules

34 Questions

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