Managing Price Levels in Koble
This article is to guide users on how to manage price levels within the product catalog in Koble effectively.
Key Steps
- Access Pricing Management:
- Navigate to the main menu on the home screen and click on the "more" menu under the inventory area.
- Select "manage pricing" to view different price levels.
- Create Price Levels:
- Create appropriate price levels such as base price, employee price, retail, wholesale, etc.
- Avoid creating an excessive number of price levels; focus on essential categories.
- Assign Price Levels to Products:
- Go to the product catalog and select a product.
- Navigate to the pricing tab and choose the relevant price levels to apply to the product.
- To change the price level for a large number of products use the bulk change tool.
- Set Pricing Formula:
- Define pricing formulas for each price level based on cost, retail price, or custom calculations.
- Ensure accurate pricing calculations for different price levels.
- Adjust Pricing for Different Units:
- Customize pricing for different units of measure within the product catalog.
- Set discounts or markups based on the unit type and pricing strategy.
- Review and Confirm:
- Verify the pricing setup for each product and price level.
- Double-check calculations and ensure consistency across all products.
Cautionary Notes
- Avoid creating too many price levels to prevent confusion and complexity.
- Ensure that pricing calculations are accurate and reflect the intended pricing strategy.
- Double-check the assigned price levels for each product to avoid errors in pricing.
Tips for Efficiency
- Utilize discounts and coupons for specific pricing needs instead of creating numerous price levels.
- Regularly review and update pricing to align with market trends and business strategies.
- Document pricing formulas and calculations for future reference and consistency.