coreSTORE - Getting Started: Establishing Price Tiers
Establishing price rules in coreSTORE allows you to segment customer savings effectively. By setting up price tiers, you can assign default values or customize pricing at the item or location level. This is particularly beneficial for offering wholesale pricing or special perks to certain customers. Following this guide will help you create and manage price rules to optimize customer pricing strategies within your system.
Click on Company
To manage your company settings, head over to the "Company" section on the left-hand side of your screen. This is where you can control various aspects of your business within the system.
Click on Settings
Click "Settings" within the "Company" section on the left-hand menu. This is where you can fine-tune various coreSTORE settings specific to your business needs.
Click on Price Tiers
Within the "Company" section and its "Settings" menu, you'll find the "Price Tiers" option (if applicable). This lets you establish different price levels for your products based on customer segmenting (wholesale, VIP, etc.).
Price Tier Screen
The "Price Tiers" section (found within "Company" settings) lets you manage customer-based pricing structures. You'll see existing tiers as examples, along with the various settings you can adjust for this feature (if applicable to your system).
Click on Add tier
Create new customer groups with specific price levels. Simply click "Add Tier" to get started.
Type Your Tier Name
In this example, "Military" is used as the tier name, which can appear on receipts. You can also use the "Override Tier Name On Receipt" option to display different wording for the customer.
User Type / Membership Level
Connect to coreFORCE (optional): The "User Type/Membership Level" option lets you link your new price tier to specific user groups or membership types from your coreFORCE ecommerce system (if applicable). This way, only those customers qualify for the discounted prices. You can leave it blank if you don't need this connection.
Pricing Configuration
Set your member discount (optional): The "Price Tiers" section lets you define the default discount for your new member tier (if applicable). You can choose from:
A percentage off the total sale
A discount based on item's cost plus a percentage
A fixed amount added to the item's base cost
Override Tier Name On Receipt
Customer-friendly tier labels (optional): The "Override Tier Name on Receipt" option lets you create a different name for your member tier that will be displayed on customer receipts (if applicable). This way, you can use a more customer-friendly term instead of the internal tier name you created.
Default Tier Percent Type For Excel Import
Importing price tiers (optional): This section (may not apply to all systems) lets you set the default discount type for bulk importing price tiers using an Excel spreadsheet. You can choose between:
Percent Off: Applies a flat percentage discount to the product's selling price.
Cost Plus Percentage: Applies a discount based on both the item's cost and an additional percentage.
Default Tier Fixed Amount For Excel Import
Importing price tiers with fixed amounts (optional): This section (may not apply to all systems) lets you define the default pricing method for imported price tiers using an Excel spreadsheet. You can choose between:
Cost Plus Fixed Amount: Adds a fixed amount on top of the product's cost to determine the tier price.
Fixed Amount Only: Sets a flat discount without considering the product's cost.
Round Tier Prices To 2 Decimals
Rounding tier prices (optional): This setting (may not apply to all) ensures that calculations for tiered discounts always result in usable monetary values by rounding them to two decimal places. This helps prevent issues with very small or very large numbers during price calculations.
Click on Save
Save your tier and see it in action (optional): Click "Save" to finalize your new price tier. If your system uses tiered pricing, you'll now be able to assign these tiers to products and utilize them within the pricing rules module.
Click on Company
To manage your company settings, head over to the "Company" section on the left-hand side of your screen. This is where you can control various aspects of your business within the system.
Click on Settings
Click "Settings" within the "Company" section on the left-hand menu. This is where you can fine-tune various coreSTORE settings specific to your business needs.
Click on Price Tiers
Within the "Company" section and its "Settings" menu, you'll find the "Price Tiers" option (if applicable). This lets you establish different price levels for your products based on customer segmenting (wholesale, VIP, etc.).
Price Tier Screen
The "Price Tiers" section (found within "Company" settings) lets you manage customer-based pricing structures. You'll see existing tiers as examples, along with the various settings you can adjust for this feature (if applicable to your system).
Click on Add tier
Create new customer groups with specific price levels. Simply click "Add Tier" to get started.
Type Your Tier Name
In this example, "Military" is used as the tier name, which can appear on receipts. You can also use the "Override Tier Name On Receipt" option to display different wording for the customer.
User Type / Membership Level
Connect to coreFORCE (optional): The "User Type/Membership Level" option lets you link your new price tier to specific user groups or membership types from your coreFORCE ecommerce system (if applicable). This way, only those customers qualify for the discounted prices. You can leave it blank if you don't need this connection.
Pricing Configuration
Set your member discount (optional): The "Price Tiers" section lets you define the default discount for your new member tier (if applicable). You can choose from:
A percentage off the total sale
A discount based on item's cost plus a percentage
A fixed amount added to the item's base cost
Override Tier Name On Receipt
Customer-friendly tier labels (optional): The "Override Tier Name on Receipt" option lets you create a different name for your member tier that will be displayed on customer receipts (if applicable). This way, you can use a more customer-friendly term instead of the internal tier name you created.
Default Tier Percent Type For Excel Import
Importing price tiers (optional): This section (may not apply to all systems) lets you set the default discount type for bulk importing price tiers using an Excel spreadsheet. You can choose between:
Percent Off: Applies a flat percentage discount to the product's selling price.
Cost Plus Percentage: Applies a discount based on both the item's cost and an additional percentage.
Default Tier Fixed Amount For Excel Import
Importing price tiers with fixed amounts (optional): This section (may not apply to all systems) lets you define the default pricing method for imported price tiers using an Excel spreadsheet. You can choose between:
Cost Plus Fixed Amount: Adds a fixed amount on top of the product's cost to determine the tier price.
Fixed Amount Only: Sets a flat discount without considering the product's cost.
Round Tier Prices To 2 Decimals
Rounding tier prices (optional): This setting (may not apply to all) ensures that calculations for tiered discounts always result in usable monetary values by rounding them to two decimal places. This helps prevent issues with very small or very large numbers during price calculations.
Click on Save
Save your tier and see it in action (optional): Click "Save" to finalize your new price tier. If your system uses tiered pricing, you'll now be able to assign these tiers to products and utilize them within the pricing rules module.
Updated on: 06/26/2024
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