Understanding Price Rules by Tagging
OEM price rules determine by sale allow you to price parts that have been tagged with a specific keyword. For example, a part with a Cost price of $100 on a site with a Cost+20% price rule would have a final sale price of $120. However, if the part is tagged "clearance", and the you create a tag rule for cost + 10%, the part's sale price will become $110.
Note: Changes made will affect only the selling channel you are currently editing. I.e. if you are editing your Webstore pricing but want your plug-in selling channel to have the same pricing you will need to go to "Pricing" under your plug-in selling channel and make the same edits there*
Adding New Tag Price Rules
To add a new price rule,
- Select the desired manufacturer from the manufacturer dropdown (this may be preselected for you).
- Click on the "Add New Rule" button.
Doing so will bring up the following prompt:
This is where you'll define your price rule by Tags:
- Select Tag:
- You must tag the items you want to target. You can do this before or after. You can also do this individually or in bulk.
- Enter the Tag(s), separated by a "|" if more than one.
- Choose whether you want any of the tags listed above or all of the tags listed above to apply.
- Set the price range to which your rule will apply. This range is based on the price base set for your Pricing Template (either List or Cost). You can use the range to build a pricing matrix (one rule at $0-10, another at $10 to 100, and another at $100 to NO LIMIT, for example), or you can set the range to $0 to NO LIMIT to make it apply to the entire catalog.
- Choose the price rule type. Options include MSRP -, Cost +, and Cost -.
- Enter the percentage value depending on the price rule type. For MSRP-based price rules, the number is the percentage off of List. For Cost based ones, it's the percentage over Cost.
- Setting a "Cost + minimum" percentage for MSRP-based rules is recommended so that your parts never sell at or below Cost. For instance, if MSRP - 20% would go below Cost, a Cost + minimum of 10% would mean the product will never sell cheaper than 10% over Cost. (This can also be done in reverse for Cost based rules by applying a MSRP-maximum.)
- Click "Add Rule" to add your price rule.
You'll now see your new price rule!
You can add multiple price rules with different price ranges to make a custom price table, and you can set the prices for accessories only by creating "Accessories Only" price rules (which override any overlapping Parts & Accessories rules).
How to Tag a Part:
- click on Products
- Search for the Product and click on it.
- Scroll down to the "Global Attributes" section.
Enter the TAG.
- For more information on Tags and other Global Attributes, click here.