coreFORCE - Getting Started: Pricing Structure Management

Pricing Structures are a lucrative way to leverage your store's inventory and keep your prices cutthroat and competitive in an ever-changing landscape.

1. Click on Products > Pricing Structures
   

2. Click on ADD
   

3. Name your Pricing Structure
   

4. Click on the discernation that applies to your specific pricing structure.

coreFORCE Offers support for Pricing structures by Department, Category, Manufacturer and Specific Products

5. Specify the option from the previous group

Departments / Categories / Manufacturers / Specific Products all have different ways to be broken down and specified further.

Note: Products affected by more than one pricing structure will follow the rules of the most specific. If a pricing structure has multiple options All will apply. Example being a structure with both Handguns as a category and Ruger as a manufacturer will affect both All Handguns and All items marked with Ruger as their Manufacturer

6. Select the desired calculation type

coreFORCE Supports Markup / Discount / Marginal pricing

7. Specify a percentage

This is either the % Markup, % Discount or % Margin depending on previously chosen option.

8. Minimum Profit

Minimum Profit will ensure the items specified will have the specified profit over base cost. Example being a 20% Markup will not affect a $200 handgun as much as a $700 handgun. coreFORCE Allows a minimum set so both items will have at least a $100 Profit over cost.

9. List Price option

Use List price if no sale price or cost is set will base calculations on the List Price if a base cost/ sale price is not present or transmitted for an item.

10. Pricing Discounts

Pricing Discounts

11. Designate the minimum price
    

12. Designate the maximum price
    

13. Designate the percentage to be applicable to this range
    

Updated on: 09/19/2024