How to Set Promotional (Sale) Prices

Have more questions? Submit a request

Learn how to create and schedule sales and promotions for some or all of your products.

Requirements/Tools Needed:


Getting Started

1. To set the prices on the kiosk, click Content from the navigation menu across the top, then choose Prices.

1_To_set_the_price.png

2. Under the prices section select Add Promo Price List.

2_Add_Promo_price_list.png

3. Next, enter a name of your choice for the promotion in the space indicated below, then click Finish on the bottom right corner.

3_Enter_name_of_promotion.png

4. Choose a start date and time for the sale, as well as an end date and time for the sale then click Save Changes in the top right corner.

4_choose_a_start_date.png

5. After saving the promotion dates and times, select Pricing Rules to edit the prices that will be adjusted during the sale.

5_Select_pricing_rules.png

6. Once in the price management console, choose a method of how to manage prices for your sale, it is the same process used for setting standard pricing. Choose from the following methods:

  • Import pricing from file allows an upload of a custom spreadsheet of prices.
  • Pricing setup in the Base Rule is considered “global”, and the pricing rules will apply to all products in all categories.
  • Category Rules allow prices to be set for a specific category or subcategory of items.
  • Product Rules work the same way that category rules do, the key difference, is that the changes made in product rules only apply to specifically chose SKUs.

6_Price_management_console.png

7. To edit the Base Rule. Click Edit Base Rule, and the following screen will appear:

7_Edit_base_rule.gif

  • To Show retail prices switch to Blue. To Hide retail prices switch to Gray.
  • When setting the global base rule, always select Cost-Based from the dropdown. The other option is "fixed price", which will be relevant when setting category or product rules.
  • Choose between multiplier, gross margin, or markup.
    • Multiplier - multiplies the wholesale/landed cost with the factor entered into the field
    • Gross Margin - the percentage difference between the selling price and the profit
    • Markup - the percentage difference between the actual cost and the selling price
  • If desired, the rounding tool dropdown will round the price up or down to a specific number.
  • Once completed adjusting the retail and/or list pricing, click Done in the bottom right corner. This will save any changes.

7.2_Once_completed.png

Please Note: The List Pricing works the same as the retail pricing. As a general rule, always ensure the list multiplier will result in a higher cost than the retail multiplier.

8. Once the desired pricing perimeters have been entered, the pricing rules can be reviewed by clicking the navigational arrow. If the terms are not correct, they can be adjusted by clicking Edit Base Rule.

8_Edit_base_rule.png

9. To adjust pricing for all items in a specific category or subcategory, click Add Category Rule.

9_To_adjust_pricing.png

10. Once on the add category rule screen, browse and select the categories (1) or subcategories (2 & 3) to adjust pricing for.

10_Browse_categories.gif

10.2_Browse_categories.png

11. After selecting the desired categories or sub-categories, navigate to the Define Pricing section.

11_Navigate_defined_pricing.gif

  • Cost based or fixed price: Choose Cost Based to set a retail multiplier based on each product's cost. Choose Fixed Price to have every item in the chosen categories show the same price (For example, if the store advertises that all mattresses are $1,000, select the mattresses categories, then set a fixed price of $1,000)
  • Choose between multiplier, gross margin, or markup
    • Multiplier - multiplies the wholesale/landed cost with the factor entered into the field
    • Gross Margin - the percentage difference between the selling price and the profit
    • Markup - the percentage difference between the actual cost and the selling price
  • If desired, the rounding tool dropdown will round the price up or down to a specific number.
  • Save by clicking Done in the bottom right corner.

Please Note: The List Pricing works the same as the retail pricing. As a general rule, always ensure the list multiplier will result in a higher cost than the retail.

12. Once the desired pricing perimeters have been entered, they can be reviewed by clicking the navigational arrow. To add a new Category Pricing Rule, click Add Category Rule. If the terms need to be edited or deleted for a previously set rule, click Edit.

12_Add_category_rule.png

13. To adjust pricing for a specific product or specific group of products, click Add Product Rule.

13_Add_product_rule.png

14. Once on the Add Product Rule screen, click Choose Products. To import a list of prices from a spreadsheet, click Import CSV of Products to Select. Otherwise, click Choose Products.

14_Choose_Products.png

15. Search for the products to be edited by searching by the product's category, name, or SKU from the drop down menu. Enter the search parameters, then click Display Products.

15_search_for_products.gif

16. Choose the individual items, or click Select All to choose all items returned in the search. Once the desired products are selected, choose Add Selected Products at the top right of the screen.

16_Add_selected_products.gif

17. Similar to the last step- Choose the desired individual items, or click Select All to choose all items returned in the search. Once the desired products are selected, choose Next.

17_choose_desired_individual_items.gif

18. Use the Define Pricing page to setup pricing rules for these items.

18_Use_defined_pricing.gif

  • To Show retail prices switch to Blue. To Hide retail prices switch to Gray.
  • When setting the global base rule, always select Cost-Based from the dropdown. The other option is "fixed price", which will be relevant when setting category or product rules.
  • Choose between multiplier, gross margin, or markup
    • Multiplier - multiplies the wholesale/landed cost with the factor entered into the field
    • Gross Margin - the percentage difference between the selling price and the profit
    • Markup - the percentage difference between the actual cost and the selling price
  • If desired, the rounding tool dropdown will round the price up or down to a specific number.
  • Once completed adjusting the retail and/or list pricing, click Done in the bottom right corner. This will save any changes.

Please Note: The List Pricing works the same as the retail pricing. As a general rule, always ensure the list multiplier will result in a higher cost than the retail.

18.2_Use_defined_pricing.png

19. Once the desired pricing perimeters have been entered, they can be reviewed by clicking the navigational arrow. To add a new product pricing rule, or if the terms need to be edited or deleted for a previously set rule, click the appropriate button.

19_Once_perameters.png

Articles in this section

Was this article helpful?
0 out of 0 found this helpful