Price lists

In CXF, a "Price List" is an object designed to define and manage different pricing structures within the system. Price lists are used to categorize and specify prices for products or SKUs, allowing businesses to offer varied pricing options to their customers. Here's the definition:

A "Price List" is a structured entity that enables the creation of distinct pricing categories, such as wholesale and retail, for products or SKUs. Each price list contains a set of prices associated with specific products, and it allows for the management of pricing strategies, including volume-based pricing.

Key characteristics and functionalities of Price Lists in CXF include:

• Multiple Price Categories: Price lists allow businesses to define and maintain multiple pricing categories. For example, a company can create separate price lists for wholesale customers, retail customers, or any other distinct pricing group.
• SKU Association: Each price list can be associated with one or more SKUs or products. This association specifies which products are subject to the pricing defined in the list.
• Price Variation: Price lists enable the specification of different prices for the same product or SKU based on the pricing category. For instance, a product's price may differ when listed under the "Wholesale" price list compared to the "Retail" price list.
• Volume-Based Pricing: Price lists allow for the implementation of volume-based pricing strategies. This means that the price of a product can change depending on the quantity purchased. For instance, buying in larger quantities may result in a lower per-unit price.
• Effective Dates: Each price list can include effective dates, indicating the period during which the prices defined in the list are valid. This feature is essential for managing seasonal pricing changes or limited-time promotions.
• Flexibility: Price lists provide businesses with the flexibility to adapt their pricing structures to market demands, customer segments, and sales strategies.
• Integration: Price lists are integrated with other modules, such as orders and vouchers, allowing for accurate and consistent pricing across the entire platform.

 

In summary, a "Price List" in CXF serves as a tool for organizing and managing pricing structures, enabling businesses to offer varied prices for their products or SKUs based on different categories and volume-based strategies. This functionality supports effective pricing strategies and ensures consistency throughout the platform.