This article will help you set up price policies for your TronShop
On this page
- Default Sale pricing policies
- Your Own Pricing Policy Settings
- Pricing Policy Levels Settings
- Assigning price policies
- Need help?
Default Sale pricing policies
While preparing your trial, we created two default Sale pricing policies for you (one Default margins - Products and one Default Margins - PRINTING) and matched them to each of your suppliers.
These pricing policies can be found in the “Price Policy Settings” or “Supplier Settings” section (unless you set a different selling policy). We definitely recommend you to review them and adjust the margins or markups to the desired values.
You can start with just those two preset default selling policies for all suppliers, categories and products and refine your final selling policy later, for example by creating sale pricing policies just for specific categories, supplier, etc.
Your Own Pricing Policy Settings
If you need to set a different selling price policy for a particular category, brand, or product, there’s nothing easier. You can also create several different pricing policies with different rules to calculate automatically the selling prices from the purchase prices. Each pricing policy can then be assigned to the desired supplier, category or brand, or just a product directly in the settings of the desired supplier.
To add a pricing policy, select the appropriate section (Sale Prices or Purchase Prices) in the Pricing Policies subsection and add a new pricing policy at the bottom of the list of policies already added using the “+” button. For pricing policies, you can choose from the following options, which determine both the definition of the pricing policy and how it should behave:
Margin to purchase prices – the margin by which you increase your purchase prices
Discount from supplier catalog prices – based on your individual contract with the supplier
Fixed sell prices - Not dynamic! No matter your purchase price, the value you set will be the sale price. F.e. you set Fixed sale wit the value of 1€ for the Supplier - all the products will cost 1€ etc.
PLEASE TAKE ATTENTION
If you have your individual pricing (your own XML feeds) from the supplier, assign them to this pricing policy configuration (available in the options) and contact us for processing and activate them! (Without this, the system will not generate your selling price and, to prevent problems, even all the supplier’s products will not be available).
Pricing Policy Levels Settings
After adding a new pricing policy, it is necessary to specify its individual levels and subsequently specify the price behavior for those levels.
Click the “+ Add New Level” button to add a new level of pricing policy and enter the quantity limits and a margin value that affects the result product price. In the right column OUR MARKUP the markup value will be calculated automatically based on the margin value.
We also recommend to set multiple levels of the pricing policy based on the purchase price of the product ("+ Add New")
Save everything using the Save button at the bottom of the page.
PLEASE TAKE ATTENTION
When you are creating a price policies - the price "quantity levels" has to exactly reflect the default price "quantity levels" of the supplier!
Click to see the example below.It shows the default "quantity levels" for the printing technique
The is Supplier "Paul Stricker" and you can see the default quantity levels are extensive: (1+, 3+, 5+, 10+ ....... to 20000+)
It is important that your price policies match the levels from the supplier - as you can imagine in this case if your price policy would have for example only 5 levels instead of 14(the supplier count) the final price calculation would create a discrepancy.
Your levels are 1+, 25+,100+,500+ ...... and suppliers levels are 1+, 3+, 5+, 10+, 25+ ......
Then if your customer will order 10 products - you can see that the order in your settings still going to have the price defined by the 1+ price policy - while the supplier has defined the price even for products 10+! => which means this mismatch in prices "quantity levels" will cause incorrect calculation and therefore incorrect final PRICE!
The following applies: the bigger range of price "quantity levels" you have defined, the better.
After making all the required modifications, you will notice an sandglass icon next to objects that are waiting for synchronization.
As long as different aspects like suppliers, products, pricing policies, or language settings are waiting to be synchronized - changes won't be applied.
Synchronization of the store is essential to generate updated sales prices in accordance with the new policy.
Assigning your price policy
After creating your "Price policy" you have to go the
> Supplier. There you have 5 options on which level you can assign it to your supplier:
PLEASE TAKE ATTENTION
Please do not miss the important note in the settings!: Here you can set which brands will be imported. ATTENTION - selected brands will not overwrite the category selection. If you only want a specific brand in your webshop, the selection of categories in the previous bookmark must remain empty! You can set different sales pricing policies for each brand.
Price policies troubleshooting
Is the displayed price of the products not what you were expecting? It's possible that a mistake was made.
Please take a moment to check our article on Price Policy Troubleshooting.