Price Rule
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Hello,
Greetings of the day! My question is related to Price Rule, While Creating Price Rule we get many options for actions: 1. Flat amount modify 2. Flat amount Override 3. Percent of Avg. cost 4. Percent of default price 5. Percent of List Price 6. Percent of margin 7. Percent of wholesale 8. Promo amount Override 9.Wholesale amount override What's the proper behavior of each Action type and difference between Flat Amount modify/override. Thanks! |
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Hello Aayush,
"Flat Amount Modify" only modifies the price by the flat amount while later completely overrides any given price with the flat amount. You can refer following link for all other options: https://cwiki.apache.org/confluence/display/OFBENDUSER/Price+Rules HTH Thanks and Regards, *Aditya Sharma* | Enterprise Software Engineer HotWax Systems <http://www.hotwaxsystems.com/> <https://www.linkedin.com/in/aditya-sharma-78291810a/> On Wed, Jul 19, 2017 at 5:14 PM, aayush jain <[hidden email]> wrote: > Hello, > Greetings of the day! > > My question is related to Price Rule, While Creating Price Rule we get many > options for actions: > 1. Flat amount modify > 2. Flat amount Override > 3. Percent of Avg. cost > 4. Percent of default price > 5. Percent of List Price > 6. Percent of margin > 7. Percent of wholesale > 8. Promo amount Override > 9.Wholesale amount override > > What's the proper behavior of each Action type and difference between Flat > Amount modify/override. > > Thanks! > |
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In reply to this post by aayush jain
Hi Ayush,
Please see my comments inline. On Wed, Jul 19, 2017 at 5:14 PM, aayush jain <[hidden email]> wrote: > Hello, > Greetings of the day! > > My question is related to Price Rule, While Creating Price Rule we get many > options for actions: > 1. Flat amount modify > Suppose the product list price is $10.00, and flat amount modify is set of $2.00, than final price of product will be $12.00. (Can be negative value as well) 2. Flat amount Override > Suppose the product list price is $10.00, and flat amount override is set of $2.00, than final price of product will be $2.00. > 3. Percent of Avg. cost > Suppose the product average cost is $10.00, and percent of average cost is set of 80%, than final price of product will be $18.00. (Actually percent is added to base average cost here) price = price + perccent of average cost > 4. Percent of default price > Suppose the product default price is $10.00, and percent of default price is set of 10%, than final price of product will be $11.00. price = price + perccent of default price > 5. Percent of List Price > Suppose the product list price is $10.00, and percent of list price is set of 120%, than final price of product will be $22.00. price = price + perccent of list price > 6. Percent of margin > Suppose the product margin (calculated internally or logic can be changed according to business) is $10.00, and percent of margin is set of 90%, than final price of product will be $19.00. Currently, margin = list price - average cost. If margin is found zero, than list price is used as priority. > 7. Percent of wholesale > Suppose the product list price is $10.00, and percent of list price is set of 120%, than final price of product will be $22.00. > 8. Promo amount Override > Suppose the product promo price is set as $10.00, and promo amount override is set of $18.00, than final price of product will be $18.00. (It will use default price than list price for calculation if promo price is not configured in the system) > 9.Wholesale amount override > Suppose the product wholesale price is $10.00, and wholesale amount override price is set of $15.00, than final price of product will be $25.00. Here you might get confused with the name as it appends the override price on the actual price. (It will use default price than list price for calculation if whole sale price is not configured in the system) > > What's the proper behavior of each Action type and difference between Flat > Amount modify/override. > I hope difference between Flat amount modify and Flat amount Override is also clear now. > > Thanks! > HTH. -- Thanks and Regards, *Suraj Khurana* | Sr. Enterprise Software Engineer HotWax Commerce <http://www.hotwax.co/> by HotWax Systems <http://www.hotwaxsystems.com/> Plot no. 80, Scheme no. 78, Vijay Nagar, Indore, M.P. India 452010 Cell phone: +91 96697-50002 <https://about.me/surajkhurana?promo=email_sig> HotWax Systems <http://www.hotwaxsystems.com/> recently received 8 mentions in *The Gartner Digital Commerce Vendor Guide, 2016 *by Gartner, Inc., the world's leading IT research and advisory company. |
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In reply to this post by aayush jain
Hi Aayush,
Flat amount modify will change the price by the given amount e.g. $20 modify $10 = $30 Flat amount override will change replace the price with a new value e.g. $20 override $10 = $10 Descriptions are here also https://cwiki.apache.org/confluence/display/OFBENDUSER/Price+Rules Hope that helps Jason On 19/07/2017 12:44, aayush jain wrote: > Hello, > Greetings of the day! > > My question is related to Price Rule, While Creating Price Rule we get many > options for actions: > 1. Flat amount modify > 2. Flat amount Override > 3. Percent of Avg. cost > 4. Percent of default price > 5. Percent of List Price > 6. Percent of margin > 7. Percent of wholesale > 8. Promo amount Override > 9.Wholesale amount override > > What's the proper behavior of each Action type and difference between Flat > Amount modify/override. > > Thanks! > |
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Thanks for the information, Jason!
On Wed, Jul 19, 2017 at 6:35 PM, Jason RJ <[hidden email]> wrote: > Hi Aayush, > > Flat amount modify will change the price by the given amount e.g. $20 > modify $10 = $30 > Flat amount override will change replace the price with a new value e.g. > $20 override $10 = $10 > > Descriptions are here also https://cwiki.apache.org/confl > uence/display/OFBENDUSER/Price+Rules > > Hope that helps > > Jason > > > On 19/07/2017 12:44, aayush jain wrote: > >> Hello, >> Greetings of the day! >> >> My question is related to Price Rule, While Creating Price Rule we get >> many >> options for actions: >> 1. Flat amount modify >> 2. Flat amount Override >> 3. Percent of Avg. cost >> 4. Percent of default price >> 5. Percent of List Price >> 6. Percent of margin >> 7. Percent of wholesale >> 8. Promo amount Override >> 9.Wholesale amount override >> >> What's the proper behavior of each Action type and difference between Flat >> Amount modify/override. >> >> Thanks! >> >> > |
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In reply to this post by Suraj Khurana
Thanks Suraj for the detailed in-line comments for each point, I think
behavior of following action type is same: 1. Percent of Avg. cost 2. Percent of default price 3. Percent of List Price 4. Percent of wholesale if behavior of above action type is same, only for different terms (Avg.cost, Default price, List price, Wholesale) we use it? On Wed, Jul 19, 2017 at 6:24 PM, Suraj Khurana < [hidden email]> wrote: > Hi Ayush, > Please see my comments inline. > > On Wed, Jul 19, 2017 at 5:14 PM, aayush jain <[hidden email]> wrote: > > > Hello, > > Greetings of the day! > > > > My question is related to Price Rule, While Creating Price Rule we get > many > > options for actions: > > 1. Flat amount modify > > > > Suppose the product list price is $10.00, and flat amount modify is set of > $2.00, than final price of product will be $12.00. (Can be negative value > as well) > > 2. Flat amount Override > > > > Suppose the product list price is $10.00, and flat amount override is set > of $2.00, than final price of product will be $2.00. > > > > 3. Percent of Avg. cost > > > > Suppose the product average cost is $10.00, and percent of average cost is > set of 80%, than final price of product will be $18.00. (Actually percent > is added to base average cost here) > price = price + perccent of average cost > > > > 4. Percent of default price > > > > Suppose the product default price is $10.00, and percent of default price > is set of 10%, than final price of product will be $11.00. > price = price + perccent of default price > > > > 5. Percent of List Price > > > > Suppose the product list price is $10.00, and percent of list price is set > of 120%, than final price of product will be $22.00. > price = price + perccent of list price > > > > 6. Percent of margin > > > > Suppose the product margin (calculated internally or logic can be changed > according to business) is $10.00, and percent of margin is set of 90%, than > final price of product will be $19.00. > Currently, margin = list price - average cost. > If margin is found zero, than list price is used as priority. > > > > 7. Percent of wholesale > > > > Suppose the product list price is $10.00, and percent of list price is set > of 120%, than final price of product will be $22.00. > > > > 8. Promo amount Override > > > > Suppose the product promo price is set as $10.00, and promo amount override > is set of $18.00, than final price of product will be $18.00. > (It will use default price than list price for calculation if promo price > is not configured in the system) > > > > 9.Wholesale amount override > > > > Suppose the product wholesale price is $10.00, and wholesale amount > override price is set of $15.00, than final price of product will be > $25.00. > Here you might get confused with the name as it appends the override price > on the actual price. > (It will use default price than list price for calculation if whole sale > price is not configured in the system) > > > > > > What's the proper behavior of each Action type and difference between > Flat > > Amount modify/override. > > > > I hope difference between Flat amount modify and Flat amount Override is > also clear now. > > > > > > Thanks! > > > > HTH. > > -- > Thanks and Regards, > *Suraj Khurana* | Sr. Enterprise Software Engineer > HotWax Commerce <http://www.hotwax.co/> by HotWax Systems > <http://www.hotwaxsystems.com/> > Plot no. 80, Scheme no. 78, Vijay Nagar, Indore, M.P. India 452010 > Cell phone: +91 96697-50002 > <https://about.me/surajkhurana?promo=email_sig> > > > > HotWax Systems <http://www.hotwaxsystems.com/> recently received 8 > mentions in *The Gartner Digital Commerce Vendor Guide, 2016 *by Gartner, > Inc., the world's leading IT research and advisory company. > |
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In reply to this post by Aditya Sharma
Thanks Aditya!
On Wed, Jul 19, 2017 at 6:24 PM, Aditya Sharma < [hidden email]> wrote: > Hello Aayush, > > "Flat Amount Modify" only modifies the price by the flat amount while later > completely overrides any given price with the flat amount. > > You can refer following link for all other options: > > https://cwiki.apache.org/confluence/display/OFBENDUSER/Price+Rules > > HTH > > Thanks and Regards, > *Aditya Sharma* | Enterprise Software Engineer > HotWax Systems <http://www.hotwaxsystems.com/> > <https://www.linkedin.com/in/aditya-sharma-78291810a/> > > On Wed, Jul 19, 2017 at 5:14 PM, aayush jain <[hidden email]> wrote: > > > Hello, > > Greetings of the day! > > > > My question is related to Price Rule, While Creating Price Rule we get > many > > options for actions: > > 1. Flat amount modify > > 2. Flat amount Override > > 3. Percent of Avg. cost > > 4. Percent of default price > > 5. Percent of List Price > > 6. Percent of margin > > 7. Percent of wholesale > > 8. Promo amount Override > > 9.Wholesale amount override > > > > What's the proper behavior of each Action type and difference between > Flat > > Amount modify/override. > > > > Thanks! > > > |
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