The product pricing groups are how Custom Pricing determines which products you want to offer wholesale pricing on.
You can set specific discounts on products that will override the default discounts you've applied with your pricing tags. The default discount would be the store-wide discount - if you've selected that checkbox when creating your customer tags.
There are three different discount types that can be used within a price group:
- Percent Discount - Allows you to offer a percentage amount off your products.
- Price Discount - Allows you to offer a set amount off of your products based on your store's default currency.
- Set Fixed Price - Allows you to set a fixed unit price for your products.
Note: You can only set a lower unit price for a Fixed Price amount. If a higher unit price is set, the higher price will be ignored in favour of the lower unit price.
With Custom Pricing Premium, you're able to go even further with this, and apply discounts to specific variants using the Detailed Pricing feature.
The Quantity Breaks module provides you with ability to create and offer additional pricing discounts to customers that purchase multiples of certain items or variants.
Caution
Tags should be created under Manage Tags first before creating product price groups. Please visit Create, Edit or Delete Customer Tags for further steps with creating tags in Custom Pricing.
Functionality
Once you've created your tags, product price groups will need to be created in order to apply different discounts across your products.
If you'd like to apply a different discount for each product, you'll need to create a price group for each product you want to offer a discount for.
Example
Product A and Product B both cost $10.00. You'd like to offer a $2.00 discount for Product A, and a $5.00 discount for Product B, for users tagged with VIP. Two price groups will need to be created.
Features
The override cents setting allows you to set rules for the cents of the product prices in the group.
Products or variants can be selected individually or in bulk, such as via collection, product type, vendor or a custom filtered list.
You can also set when to activate the discounts by enabling a start and end date for the price group. This feature is only available while Custom Pricing is set to Accelerated Draft Orders - Version 3.
Please see Discount Methods and How to Switch for more information on switching to this discount method.