Understanding and Managing Group Pricing Updates

Understanding and Managing Group Pricing Updates

The 'By Group Price' feature is an efficient tool for managing product pricing in bulk. It enables users to update prices for a group of products categorized under specific price groups. This powerful functionality streamlines pricing management, allowing for quick and organized adjustments across various product categories.

1. Accessing the Manage Items Page:    

  1. Log in to your account using your credentials.

  2. Once logged in, navigate to the left column of the application and click on the "Price Book" option. A dropdown will appear.

                  


2. Select "Manage Items” Option Under Price Book:

  1.       Navigate to the Manage Items page and locate the 'By Group Price' option.        
                  


3. Choosing a Store in the 'By Group Price' Page:
  1.       Select the appropriate store location from the dropdown menu to tailor price adjustments.
                  

4. Viewing the Price Groups List:
  1.  After selecting the store location, A list of all price groups linked to the selected store location will appear, showing important information like group name, store name, buying cost, selling price, and item count. If the Buying cost or Selling price are not visible, it means the user never modified the buying cost and selling price of this price group before.
                  


5. Editing a Price Group:
  1.      To make price changes, Choose the desired price group and click 'Edit' in the 'Actions' section to start making price adjustments.
                  


6. Updating Buying Costs and Selling Prices:
  1.      Directly modify the selling price and buying cost for items within the group as needed.
                  


7. Save the Details:
  1.      After entering the new prices, click on the 'Save' button to apply the updated prices.
  2.     Remember, once you hit save, this will update prices for all the items within that price group and push it to POS.

                  


  1.       A notification will confirm the successful update.
                  


8. Reviewing Edited Details:
  1.     Click on the item count for a group to verify that the new prices have been correctly applied to all items.
                  


  1.        A popup overlay will appear, displaying a list of all items within that group, along with their buying cost and selling price.

                  


9. Using 'Bulk Update' for Multiple Changes:
  1.      By using the “Bulk Update” option, you can modify the buying cost and selling price of multiple price groups across multiple stores in a single click.
                  


10. Input the details for Bulk Update:
  1.  Choose the stores where updates should be applied and select the appropriate values for either buying cost or selling price. Click 'Update' to push the changes across multiple price groups at once.
                  



This feature offers a streamlined approach for efficiently managing and applying pricing adjustments across multiple price groups. Its ease of use allows for quick updates, particularly beneficial for items requiring frequent price changes as part of a dynamic pricing strategy.

It is essential, however, to approach these adjustments with an understanding of their broad impact, as they have the potential to significantly affect store operations. Therefore, it is recommended that this powerful tool be reserved for those with a thorough understanding of the store's pricing policies and strategies.

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