What is a Price Book?
A price book is created when normal prices of items, discounts, and coupons are modified for a specific location. The unique pricing can be set not only at the item level but can be applied to specific classifications, vendors, and customer groups. The user can discount their Clothing department or all red sweaters. There is flexibility for discounting that allows for targeted promotions.
The price book can be applied to a specific location, as the same store with locations across the country can have pricing specific to their region. A price book would be created if users wanted to make the prices higher in one of their stores.
The user has 3 options for the price book creation, attribute level, item level, or promotion level. The user can also modify discounts or coupons on this screen as well by typing in the old value and the new value. This is done to allow items to be sold inside individual stores for different amounts than what is listed on the master item page.
Merchant is able to add specific discount to the department or attribute selected. Users can select a department, category, sub-cat, or attribute and then attach the discount to it. Once saved all merchandise in the selected department or attribute will be affected.
Details
You can select individual items in the price book or choose departments, categories, or even specific attributes to be discounted as a whole - every item in the selected department would have the discount.
Select items at an Item Level for the price book (this is used when specific items are discounted)
To ensure consistency across systems, Pricebook configurations will now use ItemID along with UPC as the primary reference to reduce the mapping issues when managing pricebook across console.
Select Attribute Level for the price book (this is for special pricing at the department, category, sub-category, or other attributes)
Select Promotion Level - Discount for the price book (this is used for changing the value of the discount for the store or venue it is attached it)
Select Promotion Level - Coupon for the price book (this is used for changing the value of the coupon for the store or venue it is attached)
Customer Level Price Book
A merchant creating a loyalty program for their VIP static group customers can create a price book where they can select t a few items or a group of items to be included with a new price or discount. When customers are added to the transaction and items are rung up that fall within the price book they will automatically be priced at the special price book pricing.
Say you have started taking customer information at the POS to create a mailer for promotions and new products, but would like to offer more incentives for customers who join or fall within a "VIP" setting. You could set up a discount for those customers, but then you have to make sure that when they come in that the cashiers know about the discount and what group gets the discount. What if there was another way?
You could set up a price book for the items that are being discounted, then apply that price book to the customer group that you wish to offer the incentive. When they come to the register provide their name or customer number; then add items to the transaction; if the items are found within the price book set for their customer group it will automatically adjust for either a new price or discount. As the merchant, you get to provide the incentive without the headache of a missed discount on a transaction.
Assigning Price Book to a Customer Group
Go to CRM --> Customer Groups, select the customer group(static), choose the desired price book from the Pricebook dropdown, and hit Save
Note: Now users can make Price Book, active or inactive based on their preference.
Articles in this section
- Item Import Field Descriptions
- Overview
- Merchant Onboarding
- Navigation Bar
- Reports
- Items
- Settings
- Dashboard Overview
- Company
- Register
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