Note: This guide only covers configuring price rules. To learn about Pricing Templates, click here.
Understanding Price Rules
OEM price rules determine the sale price of the parts on your store. 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.
*Please 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*
To see or edit your price rules:
- Log into your account on manage.revolutionparts.com.
- Click on the gear in the top-right corner to access your account settings.
- In the left-side menu under "Selling Channels", select your store and then "Pricing."
- Once you're on the Pricing page, it should look something like this:
Note: This guide only covers configuring price rules. To learn about Pricing Templates, click here.
Important: If you are making changes to your plug-in's pricing template be sure to update the "Default" template as this is the template that will refect for the customer when they place an order: - Find the pricing template for which you're attempting to see/edit price rules and click on the "Manage Pricing" link on the right.
- This will pull up the Pricing Rules page for that Pricing Template.
Note: If you accidentally clicked "Manage Pricing" on the wrong template, you can change the template you're editing via the "Select Pricing Template" drop-down at the top of the page.
Adding New 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.
- Select whether or not the rule will apply to All Parts, Accessories Only, a specific group of SKUs, Lifestyle items or Tags.
- If you choose "SKU," you'll need to define a SKU identifier that's at least 4 alphanumeric characters long. Your price rule will apply to products that match the SKU identifier.
- If you choose "Tags", you'll need to tag the items you want to target. You can do this before or after. You can also do this individually or in bulk.
- 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.
- It's recommended to set a "Cost + minimum" percentage for MSRP-based rules 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).
Changing the Default Price Rules
If there are no price rules configured for a particular manufacturer or dollar range, your parts will automatically be priced based on your default rules. To configure your defaults,
- Click on the pencil to the right of either the Cost rule or the List rule in the blue box on the top-right corner of the page.
- Change the percentage to the desired value.
- Click the "Save" button to save your changes.
Choosing to Base Price Rules on List or Cost
You can choose to base your price rules off of the catalog List price of the part, or the Cost. Note that changing this setting won't affect your price rules themselves, but may change which price rule affects which parts, depending on what the part's List and Cost prices are.
- Next to the manufacturer's name under the manufacturer dropdown, find the text that says, "Ranges based on List/Cost CHANGE."
- To toggle between settings, click the "CHANGE" button, then confirm the change. The text will always show the current calculation method (either List or Cost).
Editing or Deleting Existing Price Rules
You can edit any existing price rules by clicking the grey pencil to the far-right of any existing rule, or delete the rule by clicking the grey trash can icon.