Pricing Products
You use the Catalog Editor module to price products in your catalog. You can set the price of a product in a catalog using one of three methods: direct pricing, indirect pricing, and custom pricing.
Direct pricing. You define the price for a product in the product itself. You can do this either when you create the product or when you edit it to change the price. For information about direct pricing products see Pricing a Product.
Indirect pricing. The price is determined by its association with a particular pricing category. When a product is associated with a pricing category, the price on the product is replaced by the price specified in that category. The original price of the product is restored when it is no longer associated with a that particular pricing category. Indirect pricing is typically used when you want to price a group of products the same way, for example, to create a special category where all products are $1.99. For pricing products indirectly, see Pricing at the Product Variant Level and Pricing a Products in a Category.
Custom pricing. In a custom catalog you can apply a price modifier to a category. There are three types of custom pricing that you can apply to categories in a custom catalog:
Percentage Adjustment. Specifies the percentage of the list price that should be charged for a product. For example, to apply a 10 percent discount, you would type 90, indicating that the product is selling for 90 percent of the list price.
Fixed Adjustment. Specifies the exact amount to either increase or discount the list price. For example, to take $2.00 off the price, you would type –2, indicating that the product is selling for $2.00 less; to increase the cost by $2.00, type 2, indicating that it is selling for $2.00 more.
Set Price. Specifies the exact price of the product. For example, the product is selling for exactly $10. This would override the price specified on the product itself.
For information about custom pricing products in your catalog, see Pricing a Custom Catalog.
The price modifier specified on each category applies to all products in each category. If a product belongs to two categories with conflicting price modifiers, the price of the product will not be changed and a warning message will be written to the Application log in Windows Event Viewer to indicate this conflict.
To discount a product price, you create a discount campaign item. For information about discounting products, see Creating a Discount Campaign Item.
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