Price updates can be performed for any number of products. Prices can be increased or decreased in absolute value or as percentage. The system also provides for price override (Set Price), in order to set a new price for one (or more) items.
CAVEAT: Products mapped to multiple categories:
When selecting products by category or if your system is set to 'Force Listing by Category' (large product databases), you may be faced with the following scenario:
- Product P belongs to category C1 and C2.
- You select category C1 and apply a 1% price increase on all products for C1.
- You select category C2 and apply a 2% price increase on all products for C2.
- Price for product P will first be increased by 1% when update for C1 occurs, then the new price will be raised by 2% when update for C2 occurs.
Resolution:
- Apply price changes by categories covering generic mapping (for example Manufacturers), for which no cross-referencing exists.
- De-select the product(s) mapped to multiple categories before applying subsequent price updates to categories cross-referencing the product(s).
Hold the 'Ctrl' key to select/de-select products on the list.
This situation does not apply when no categories are selected and the entire product list is displayed. In this case, price updates are guaranteed to be applied only once per selected product.
Notes for B2B merchants:
The prices displayed are always the retail prices since the system uses the retail price as base price. All prices levels are calculated as discounts from the retail price.
Consequently, modifying retail prices automatically updates all discount policies in a manner consistent with their original definition. If the projected modification should not modify the discount policies, you must update those policies as needed in order to correct the pricing methods employed by the system.
| Field Name | Description |
| Category Filter |
Select the
product category filter if needed. |
| Products(s) | Hold the 'Ctrl' key and select the various products with the mouse. The price change will apply to all highlighted products. |
| Select All | Click this box to select all products in the list and apply a global change. |
| Update Value |
Enter the amount to add, subtract or set. |
| Percentage | Click this box if the price change is a percentage. |
| Action | Select the
price change type: Add, Subtract or Set Price. Note: If 'Set Price' is selected, the 'Percentage' box is automatically checked off. |
| Rounding | Select
the rounding mode. Default setting (Standard) is 2-decimal rounding and does not require special attention. Advanced Rounding: You may select a typical rounding from the list or specify custom rounding by specifying it in the 'Custom Round to 0.' field. When the price change is applied, the system automatically rounds all affected prices according to the specified settings. Rounding rules: Except when 'Standard' rounding is specified, the system rounds all prices to the next currency unit then applies the special rounding as follows: - Rounding value is less than 0.50: Rounding value is added. - Rounding value is greater or equal to 0.50: Rounding value is subtracted. Rounding works with all action types (Add, Subtract, Set Price). The prices are always set to the nearest logical value (see examples below). Examples: Item A's price is set to 100. Our request is: 'increase price by 0%' (no increase): Rounding to Standard will result in the price being set to 100.00. Rounding to 0.25 will result in the price being set to 100.25. Rounding to 0.49 will result in the price being set to 100.49. Rounding to 0.50 will result in the price being set to 99.50. Rounding to 0.99 will result in the price being set to 99.99. Item B's price is set to 100. Our request is: 'increase price by 10%': Rounding to Standard will result in the price being set to 110.00. Rounding to 0.25 will result in the price being set to 110.25. Rounding to 0.49 will result in the price being set to 110.49. Rounding to 0.50 will result in the price being set to 109.50. Rounding to 0.99 will result in the price being set to 109.99. Item C's price is set to 100. Our request is: 'increase price by 3.3%': Rounding to Standard will result in the price being set to 103.30. Rounding to 0.00 will result in the price being rounded down to 103.00. If the requested price increase had been 3.9%, the price would have been set to 103.90 and 104.00 respectively. Important Note: Since the rounding range is plus/minus 0.50, using special rounding settings for prices that are less than 1.00 could result in price being set to a negative value. Standard rounding is always guaranteed to work. |
| Command Button | Action |
| Apply | Applies the desired price change. A message box will recap the price update and prompt for confirmation. |
| Cancel | Exits the screen without applying changes. |