This article explains how to set up and use minimum pricing and volume discounting features for your products. These features allow you to adjust pricing based on the quantity sold.
Permissions
You will require the following permissions to add or update these pricing structures, which are available under the Administration -> Teams -> Roles & Permissions -> Manage Settings section
How to Setup
1. Minimum Pricing:
Navigate to the Product Directory (
Inventory -> Products -> Products Directory)Select to
Editthe Product you want to configure.Locate the Minimum Pricing section.
Enter the Minimum Price.
❗The minimum price applies to all units sold up until the threshold units.
Once the threshold is exceeded, the normal product pricing per unit will apply.
2. Volume Discounting:
Navigate to the Product Directory (
Inventory -> Products -> Products Directory)Select to
Editthe Product you want to configure.Locate the Volume Discounting section.
Click
Add Volume DiscountingSelect whether to use
UnitsorSubunits(Sub M.U) as the measurement quantityEnter the First Units and Last Units for the discount range.
Enter the Discounted Price Per Unit within this range.
Click
Add Volume Discountingto add multiple discount ranges with varying prices.
❗Ensure that the ranges for different discounts do not overlap.
Examples
Example 1: Minimum Pricing
Product: "Prednisolone tablets"
Normal Price: $0.50 per unit
Minimum Price: $20 per unit
Threshold Units: 40 (calculates automatically based on the Minimum price set)
Scenario: If you sell <40 or =40 Prednisolone tablets, the price charged will be $20.
Scenario: If you sell >40 Prednisolone tablets, the price per unit will be $0.50 x quantity sold ($0.5. x 50 = $25)
Example 2: Volume Discounting
Product: "Nexgard"
Normal Price: $30 per unit
Discount Range 1:
First Units: 3
Last Units: 6
Discounted Price: $27 per unit
Discount Range 2:
First Units: 6
Last Units: 12
Discounted Price: $25 per unit
Scenario: If you sell 3 Nexgard, the price per unit will be $27 (totaling $81 for all 3 units)
Scenario: If you sell 8 Nexgard, the price per unit will be $25 (totaling $200 for all 8 units)
FAQs
Can I use both Minimum Pricing and Volume Discounting for the same product?
Yes, both features can be applied to the same product. Minimum pricing will take effect initially, and then volume discounts will apply within the specified ranges.
📌When the minimum price quantity threshold overlaps with any volume discounting quantity range, the minimum pricing applies
What happens if the quantity sold falls between two volume discount ranges?
Normal pricing will apply
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