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Price Logics allow you to build some intelligence into the way your shop calculates prices. Want low cost cables to carry a higher margin than high cost laptops? No problem. Want to give your favorite customer preferential pricing? No problem. |
Create/Edit a Price Logic
Feature | What it does |
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Label | Give your price logic a unique meaningful name. |
From date | Enter the date you want the price logic to become active. |
To date | Enter the date you want the price logic to be deactivated. |
Manufacturer | Pick which manufacturer the price logic will affect. If you don't pick an option, your price logic will affect every manufacturer. |
Category | Pick the category, sub category & product family the price logic will affect. |
Product | Specify the stock code if you want the price logic to only affect a single product. |
Price type | Select if the price logic is for 'Normal' costs, 'OPG' costs, or both. |
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Price list 1 is the default price used for customers who are not logged in. This can be changed in Settings > Defaults > "Price List" |
Types
Feature | What it does |
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Type | Specify the type of price logic; |
Calc type | Specify what calculation type the price logic will use; |
Price list
Feature | What it does |
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Interval | This will set a range of costs - any products with a cost price between these ranges will be affected by this line |
Pricelist 1-10 | Nettailer lets you create ten price lists, this means you should be able to tailor your prices to match your accounts without having to create multiple customer connected price lists. |
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Nettailer allows you to create ten different price lists to allocate to different groups of customers. By default, every customer will see price list 1, but it can be changed in Users > Customers > Customer card > Customer info > "Price list" |
Example Price lists
Example Default Price List
Setting | Value |
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Label | Default |
From date | 01/01/01 |
To date | 01/01/25 |
Manufacturer | Select option |
Category | Select option |
Product | None selected |
Types | Value |
Price Type | Normal |
Type | Global |
Calc Type | Margin |
Interval | Price list |
0.0 - 9.99 | 30 |
10 - 19.99 | 25 |
20 - 49.99 | 22.5 |
50 - 99.99 | 20 |
100 - 199.99 | 17.5 |
200 - 499.99 | 15 |
500 - ∞ | 12.5 |
This is a fairly typical example of a logic where the greater the cost price of the item the lower the margin applied.
In this example, any product that costs £9.99 or less will be given a margin of 30% whereas any product that costs between £200 & £499.99 will have a margin of 15% applied.
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You should always have a default price logic to act as a safety net & ensure that every product is sold at a profit. With no default price logic, any product with no logic associated with it will be displayed as 'Call for price' in your store. |
Example Manufacturer & Category Specific Price Logic
Setting | Value |
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Label | HP Laptops |
From date | 01/01/01 |
To date | 01/01/25 |
Manufacturer | HP |
Category | Computers |
Product | None selected |
Types | Value |
Price Type | Normal |
Type | Global |
Calc Type | Margin |
Interval | Price list |
0.0 - ∞ | 10 |
In this example, any HP branded Laptop will be given a margin of 10%.
Any HP product that is not a laptop will not be affected.
Any other brand of laptop will not be affected.
Price Logic Priorities
As the Price Logic structure is so flexible, it is possible to create overlapping logics (for example, you could have one logic for Laptops & another for every HP product). To avoid any conflicts, we have put in place the following order of priorities.
Going from highest to lowest priority;
- Customer specific price logic on the product (including fixed price logic)
- Customer specific price logic on the subcategory
- Customer specific price logic on the category
- Customer specific price logic on the manufacturer
- Default price logic on the product (including fixed price logic)
- Default price logic on the subcategory
- Default price logic on the category
- Default price logic on the manufacturer
- Default global price logic
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Please note that a default or global fixed price will not override any customer or customer group specific price logic. |