Catalog Flashcards

1
Q

Price Lists

A

Price lists allow you to override the catalog pricing of products for specific customer segments and/or sites. You can override products’ list price, sale price, advanced pricing information such as MSRP, cost, MAP, and the price of any extras associated with the product in a price list. You can also restrict discounts from applying to the overridden product pricing in a price list.

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2
Q

Volume Pricing

A

You can also use volume pricing in price list entries to specify product prices that are based on specific quantities of products. For example, when shoppers order 10 to 20 hammers you want the price per hammer to be $20, and when shoppers order 21 to 30 hammers you want the price per hammer to be $15. You can use volume pricing in price list entries to accomplish this.

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3
Q

Which catalog it is associated with?

A

Price lists are associated with a master catalog and you can include any products that exist in the same master catalog in the price list.

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4
Q

Use of exclusive checkbox

A

You want to limit the products that specific customer segments are able to view and purchase on your site.
To achieve this, you can create a price list, specify the customer segments, enable the Exclusive checkbox, and add price entries for each of the products that you only want available to the customer segments.

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5
Q

Structure of pricelist

A

General — contains general properties of the price list, such as Name, Code, Status, and Description. You also specify the optional Parent Price List in this section.

Resolution — contains Customer Segments to whom you want the price list to apply, and the price list’s Scope and Defaults.

Pricing — contains price entries for the price list that can override the products’ catalog price. You can override products’ list price, sale price, MSRP, cost, MAP, discount restrictions, and the catalog price of any extras associated with the product.

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6
Q

Inheritance

A

You can assign each price list a parent price list, which allows each child price list to inherit the parent price list’s overridden product pricing. When you create a parent-child relationship between price lists, for any overridden product pricing that’s specified in the parent price list but not specified in the child price list, the child price list will inherit the product pricing from the parent price list.

The parent price list must exist in the same master catalog as the child; otherwise, you cannot create a parent-child relationship between price lists

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