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.
Click on Products > Pricing Structures
Click on ADD
Name your Pricing Structure
Click on the discernation that applies to your specific pricing structure.
coreFORCE Offers support for Pricing structures by Department, Category, Manufacturer and Specific Products
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
Select the desired calculation type
coreFORCE Supports Markup / Discount / Marginal pricing
Specify a percentage
This is either the % Markup, % Discount or % Margin depending on previously chosen option.
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.
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.
Pricing Discounts
Pricing Discounts
Designate the minimum price
Designate the maximum price
Designate the percentage to be applicable to this range
Click on Products > Pricing Structures
Click on ADD
Name your Pricing Structure
Click on the discernation that applies to your specific pricing structure.
coreFORCE Offers support for Pricing structures by Department, Category, Manufacturer and Specific Products
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
Select the desired calculation type
coreFORCE Supports Markup / Discount / Marginal pricing
Specify a percentage
This is either the % Markup, % Discount or % Margin depending on previously chosen option.
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.
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.
Pricing Discounts
Pricing Discounts
Designate the minimum price
Designate the maximum price
Designate the percentage to be applicable to this range
Updated on: 09/19/2024
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