How to Set Promotional (Sale) Prices

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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 select Prices.

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

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3. Next, a pop up will appear to enter a name of your choice for the promotion in the space indicated below. You can choose to clone price rules and promotion schedules from other promotional pricing rules. then click Create on the bottom right corner.

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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.

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

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6. A box will appear to name a new pricing rules for your sale. Enter a name of your choice for this rule. Click Save

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7. Next, you will be able to choose which products you'd like to include in the pricing rule. You can target All Products or a Custom Selection. For a custom selection, you can choose products based on manufacturers, categories, or any other product attribute.

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8. Choose if you would like to satisfy ALL attribute sets or ANY attribute sets.

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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.

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

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  • 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.

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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.

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

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

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

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  • 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.

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

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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.

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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.

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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.

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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.

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

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  • 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.

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