Pricing Management Walkthrough

In this walkthrough, you will create a Price Book and a Price Card using the Pricing and Promotions Manager. Then you will assign the Price Card to a product in Merchandising Manager. Finally, you will verify the product pricing from the Reference Storefront sample site

Sample data used:

  • The sample product used in this walkthrough is the "5 1 4" Punch Centrix Center-Sound Speaker", with the productID value 6042085.

Prerequisites:

  • The Reference Storefront site must be running with the sample Habitat_Master catalog.
  • Your current Sitecore log on user must have the role of "Pricer Manager" in order to perform the following operations.

To create a Price Book and Price Card:

  1. From the Sitecore Launch Pad, launch the Pricing and Promotions Manager.

  2. Click Add under the Price Books section to create a new test Price Book.

    Note: The "Currency Set Id" list is defined in the Commerce Control Panel, located under /sitecore/Commerce/Commerce Control Panel/Shared Settings/Currency Settings/Currency Sets .
  3. Click Associate Catalog under the Catalogs section to associate the newly-created Price Book with an existing catalog. A Price Book can be associated with multiple catalogs.

  4. Click Add under the Price Cards section to create a new Price Card.

  5. Click on the newly-created Price Card, switch to the Snapshots tab, and then click Add. Select a Begin Date, which is the date this snapshot will start to take effect. If there are no other snapshots with a Begin Date later than this newly-created snapshot, it will be valid indefinitely.

    Optionally, you can create tags for this snapshot:

  6. To add detailed pricing information for different currencies and price tiers, click Add from the Action Group drop-down menu. The price tiers feature allows you to assign different prices to a product based on the quantity being purchased. For example, the unit sell price is $157 each for one of this product associated with this Price Card, but if five of the same product are added to the customer's cart, the price drops to $100 for each one.

    The finished snapshot, with multiple currencies and tier pricing defined, will resemble the following:

  7. Once the snapshot is created, it must go through the approval workflow before it can be used. Click Request Approval from the Action Group drop-down menu, and write any notes in the Comments field.

  8. Log in as a user with the Pricer Manager role to approve the request. In this walkthrough, you use the same user to mimic both the Pricer and Pricer Manager roles, therefore you can approve this request without needing to switch to a different user.

You have now created a Price Card using the Pricing and Promotions Manager. In the next section, you will assign this Price Card to a product by using Merchandising Manager.

To assign the Price Card to a product in Merchandising Manager:

  1. From the Sitecore Launch Pad, launch Merchandising Manager.

  2. Navigate to the product. Merchandising Manager > Audio > Speakers > 5 1 4" Punch Centrix Center-Sound Speaker

    In the default deployment, there is no Price Card that is associated with this product. In such cases, in the Pricing section, the List Price and Sell Price are the same, which uses the default list price that is defined in the Commerce Server catalog.

  3. Assign the Price Card that was created earlier in this walkthrough by typing the name of the Price Card. The system will automatically search on any matches while you are typing. After you have found the Price Card and clicked Save, the Pricing section will show the pricing information from the matching Price Card with the active snapshot.

    Note: If no pricing information is applied after you attach a Price Card, make sure that there is a matched snapshot defined for the current time.
  4. By default, the List Price and Sell Price are the same in the Pricing section. You can set the List Price to be different from the Sell Price by clicking Update List Price button.

  5. In some cases, one of the tags assigned to a product will match to a tag of a Price Card, even if there is no Price Card explicitly assigned to the product, and the pricing definition from that tagged Price Card will be applied to the product. In the following example, the "4 1 2" Punch Centrix Center-Sound Speaker" product is applied with the pricing defined in the "Center-Sound Price Card", because both the Price Card and the product contain the tag "center-sound".

You have now finished doing the pricing adjustment. You can now access the sample Reference Storefront site to check the new price.

To check the product price in the sample Reference Storefront site:

  1. Launch a browser, and navigate to the product detail page for the test product. The product detail page should show the new List Price $199 as struck through, and the Sell Price $157, with the default price having been applied. The default price before the pricing adjustment is $157.49.

  2. When the product is added to the shopping cart with a quantity of one, the unit price is $157 USD.

  3. When you change the quantity of the product to two, the unit price is changed to $137 USD, to match the tier pricing that is defined in the Price Card.

  4. If the product quantity is above five, the unit price is moved to another tier, which is $100 USD.

    • If the sample site is added with the feature to switch to using a different currency, such as CAD (Canadian Dollar), the CAD pricing that is defined in the Price Card will be used.
    • If the Price Card has multiple snapshots, the List Pricing that is used will come from the matching snapshot for the current time.