Articles on: coreFORCE

coreFORCE - Products: Price 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
Step 1 screenshot


Click on ADD
Step 2 screenshot


Name your Pricing Structure
Step 3 screenshot


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

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

Step 4 screenshot


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

Step 5 screenshot


Select the desired calculation type

coreFORCE Supports Markup / Discount / Marginal pricing

Step 6 screenshot


Specify a percentage

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

Step 7 screenshot


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.

Step 8 screenshot


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.

Step 9 screenshot


Pricing Discounts

Pricing Discounts

Step 10 screenshot


Designate the minimum price
Step 11 screenshot


Designate the maximum price
Step 12 screenshot


Designate the percentage to be applicable to this range
Step 13 screenshot

Updated on: 06/25/2024

Was this article helpful?

Share your feedback

Cancel

Thank you!