{"id":12617,"date":"2016-03-01T08:55:37","date_gmt":"2016-03-01T16:55:37","guid":{"rendered":"https:\/\/oroinc.com\/b2b-ecommerce\/blog\/price-list-management-in-orocommerce"},"modified":"2018-01-26T03:42:58","modified_gmt":"2018-01-26T11:42:58","slug":"price-list-management-in-orocommerce","status":"publish","type":"post","link":"https:\/\/oroinc.com\/b2b-ecommerce\/blog\/price-list-management-in-orocommerce\/","title":{"rendered":"Price List Management in OroCommerce"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Price list management is one of the most important aspects of any e-Commerce business and even more so for Business to Business (B2B) e-Commerce companies. B2B businesses require an extremely high level of flexibility to support the most advanced use cases and scenarios including a highly structured approach to account management and versatile and complex sales processes that are often customized to the needs of specific customer groups or individual large accounts.\u00a0This is why we made OroCommerce one of the most advanced price list management software programs available.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Definitions<\/span><\/h2>\n<p><span style=\"font-weight: 400\">A <\/span><b>price list<\/b><span style=\"font-weight: 400\"> is a list of product quantities with their prices in one or more base currencies. Price lists are used to determine prices for catalog products on the store frontend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For example, you can have one or multiple price lists with prices entered in US dollars and Euros defining the pricing for all your customers, a different price list with prices in US dollars available only to your large-volume US-based distributors, and another price list with prices in Euros available only to some selected European partners of your company.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A <\/span><b>calculated price list<\/b><span style=\"font-weight: 400\"> (also called <\/span><b>combined price list<\/b><span style=\"font-weight: 400\">) is an internal representation of all prices available to a selected account (all account users) on the store frontend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For example, when one of your customers logs into your store frontend, they may see prices for both product A and product B where prices of product A are taken from the default price list available to everybody, and prices of product B are taken from a custom price list you\u2019ve created to override default product B pricing just for this specific customer. Even though you can see all price lists and switch between them in your store management console, your customers can see only those prices on the store frontend that you have made available to them by configuring price lists and their settings.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A <\/span><b>product quantity<\/b><span style=\"font-weight: 400\"> is an amount of product that can be sold with its unit of measurement.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A product quantity could be a whole number (integer) or a number with a fractional part (a floating-point number). Whether or not the quantity should be a whole or fractional number, and how many digits are allowed in the fractional part, is defined by the settings of the selected unit of measurement. For example, by default \u201ckilogram\u201d allows to enter up to 3 numbers after the decimal point, and \u201ceach\u201d requires a whole number entry.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A <\/span><b>base currency<\/b><span style=\"font-weight: 400\"> is the currency of price entry in a price list.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A <\/span><b>display currency<\/b><span style=\"font-weight: 400\"> is a currency that is used to display prices to a customer.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The store frontend will use the exact value entered by the price manager when a customer requires prices in a selected display currency and the prices in the same base currency are available in the calculated price list. If the price list does not have a price in the selected currency then additional currency conversion rules must be used.<\/span><\/p>\n<p><span style=\"font-weight: 400\">* (Pending implementation) If you want to allow your customers to see prices in additional display currencies, you should set currency conversion rules for each of the additional display currencies that you want to enable on the store frontend.<\/span><\/p>\n<p><a href=\"https:\/\/oroinc.com\/b2b-ecommerce\/b2b-ecommerce-customer-adoption\/?utm_source=inbound&amp;utm_medium=blog&amp;utm_campaign=adoptionguide&amp;utm_term=pricing&amp;utm_content=howto-yellow\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-6973 aligncenter\" src=\"https:\/\/oroinc.com\/wp-content\/uploads\/sites\/8\/2017\/01\/banner-3-720x85.png\" alt=\"\" width=\"720\" height=\"85\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400\">A <\/span><b>tier price<\/b><span style=\"font-weight: 400\"> is a price determined by the system for the specified product quantity.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For example, if you set the following prices on the price list:<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400\">Product<\/span><\/td>\n<td><span style=\"font-weight: 400\">Quantity<\/span><\/td>\n<td><span style=\"font-weight: 400\">Price<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Product A<\/span><\/td>\n<td><span style=\"font-weight: 400\"> \u00a01 piece<\/span><\/td>\n<td><span style=\"font-weight: 400\">$100.00<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400\">Product A<\/span><\/td>\n<td><span style=\"font-weight: 400\">10 pieces<\/span><\/td>\n<td><span style=\"font-weight: 400\"> \u00a0\u00a0$90.00<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400\">The system will use $90.00 as a price per piece when a customer is buying 10 or more pieces and $100.00 as a price per piece when a customer is buying 9 or fewer pieces.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Price tiers for a selected product can be derived from the same price list, or from the different price lists if the price tier merging is enabled (see below).<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Combining Price Lists<\/span><\/h2>\n<p><b>Price list priority<\/b><span style=\"font-weight: 400\"> determines the order in which the product prices should be combined when there are prices for the same price tier in the multiple price lists available to a customer.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For example, if you specified $90.00 as a unit price for 10 or more sets of Product A in the Price List 1, and $85.00 as a unit price for 10 or more sets of the same Product A in the Price List 2, and both price lists are available to a customer, then if Price List 1 has a higher priority than Price List 2 the customer will see $90.00 as a unit price when buying 10 or more sets of Product A. If Price List 1 had a lower priority than Price List 2 then the customer would see $85.00 as a unit price when buying 10 or more sets of Product A<\/span><\/p>\n<p><b>Price tier merging<\/b><span style=\"font-weight: 400\"> is a price list configuration setting that defines whether the system should combine price tiers of the same product from multiple price lists. This setting is displayed as \u201c<\/span><b>Merge Price Tiers<\/b><span style=\"font-weight: 400\">\u201d option next to the price list names on the Account, Account Group, Website edit screens or on the System Configuration -&gt; Catalog -&gt; Pricing settings page).<\/span><\/p>\n<p><span style=\"font-weight: 400\">For example, if you specified a price for 1 item of Product A in Price List 1, and the price for 10 items of Product A in Price List 2, then if both Price List 1 and Price List 2 are available to a customer they will see two price tiers. The first price tier will be for items \u201c1 through 9\u201d, and the second price tier will be for \u201c10 or more\u201d items.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If you decided not to merge price lists, and Price List 2 has higher priority than Price List 1, than customers to whom both price lists are available, will see only the price tier for \u201c10 or more\u201d items.<\/span><\/p>\n<p><b>Price list fallback<\/b><span style=\"font-weight: 400\"> is a configuration setting on the Account, Account Group or Website level that enables (or disables) access to the higher level price lists.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For example, in a default configuration, all customer accounts have access to all price lists assigned to their account and the price lists assigned to the account group that their account belongs to, as well as to the price lists assigned to the website they are currently browsing and the default price lists configured on the system level.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If you disable the fallback configuration on the Account level and assign a selected price list to the account, this price list will become the only price list that the users of this account will see the prices from. In this case, the account group pricing, the website pricing and the default pricing on the system level will no longer be available to the users of this account.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If you disable fallback configuration on the Account Group level then all accounts that belong to this account group will no longer have access to the website pricing and the default pricing on the system level.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Price List Calculations<\/span><\/h2>\n<p><span style=\"font-weight: 400\">In order to provide an optimized user experience on the store frontend and in the store management console, and maintain the desired level of system performance we provide a way to fine-tune the price list calculation behavior.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The \u201c<\/span><b>Price List Calculation Mode<\/b><span style=\"font-weight: 400\">\u201d configuration setting can be found in System -&gt; Configuration menu on the Commerce -&gt; Catalog -&gt; Pricing page. It has two available options:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>Immediate<\/b><span style=\"font-weight: 400\"> (default value in the development releases)<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Deferred<\/b><span style=\"font-weight: 400\"> (recommended value for the production environment)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">When \u201cPrice List Calculation Mode\u201d is set to \u201cImmediate\u201d the system will recalculate all the affected prices immediately when any price-related change is submitted by the user in the management console (for example when a user submits the product edit form, or adds a price in the price list management software interface, or modifies price list priority on an account edit page, etc.).<\/span><\/p>\n<p><span style=\"font-weight: 400\">The \u201cImmediate\u201d mode is convenient when you learn the system in the local or development environment as it doesn\u2019t include waiting for the next schedule pricelist re-calculation to see your changes on the frontend. Please use extra caution in the production mode or when working with large amounts of price points as it may cause unnecessary delays for the users working in the management console, especially when they are making significant price-related changes (e.g. change the priority of a price list with a large number of products on the system level).<\/span><\/p>\n<p><span style=\"font-weight: 400\">When \u201cPrice List Calculation Mode\u201d is set to \u201cDeferred\u201d the system will recalculate the prices only when it\u2019s the time to perform the next schedule pricelist re-calculation. Based on the number of products, accounts, account groups, websites and price lists, and considering the typical workload patterns of your system the system administrators may configure the schedule to perform price list re-calculation when necessary (e.g. every minute, every 10 minutes, every hour or maybe even once a day).<\/span><\/p>\n<p><span style=\"font-weight: 400\">We encourage you to download the latest Alpha release and\/or try the price list management software features bundled within the <a href=\"https:\/\/oroinc.com\/b2b-ecommerce\/demo\/\">OroCommerce public demo<\/a>. As always we highly appreciate your feedback on our <a href=\"https:\/\/forum.oroinc.com\/orocommerce\/\">forums<\/a> or <a href=\"https:\/\/github.com\/orocommerce\/orocommerce-application#installation-instructions\">GitHub<\/a> . If you are an OroCommerce Core Partner please feel free to email or call your dedicated partner manager at Oro for an individual demo or follow up with any questions or suggestions.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Price list management is one of the most important aspects of any e-Commerce business and even more so for Business to Business (B2B) e-Commerce companies. B2B businesses require an extremely high level of flexibility to support the most advanced use cases and scenarios including a highly structured approach to account management and versatile and complex [&hellip;]<\/p>\n","protected":false},"author":38577,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"footnotes":""},"categories":[6],"tags":[103],"class_list":{"0":"post-12617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-product-news-updates","7":"tag-orocommerce"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Price List Management in OroCommerce | OroCommerce<\/title>\n<meta name=\"description\" content=\"Price list management is one of the most important aspects of any e-Commerce business and even more so for Business to Business (B2B) e-Commerce companies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/oroinc.com\/b2b-ecommerce\/blog\/price-list-management-in-orocommerce\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Price List Management in OroCommerce | OroCommerce\" \/>\n<meta property=\"og:description\" content=\"Price list management is one of the most important aspects of any e-Commerce business and even more so for Business to Business (B2B) e-Commerce companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/oroinc.com\/b2b-ecommerce\/blog\/price-list-management-in-orocommerce\/\" \/>\n<meta property=\"og:site_name\" content=\"OroCommerce\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/OroCommerce-333319140210515\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-01T16:55:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-01-26T11:42:58+00:00\" \/>\n<meta name=\"author\" content=\"msarandi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@orocommerce\" \/>\n<meta name=\"twitter:site\" content=\"@orocommerce\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"msarandi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/oroinc.com\/b2b-ecommerce\/blog\/price-list-management-in-orocommerce\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/oroinc.com\/b2b-ecommerce\/blog\/price-list-management-in-orocommerce\/\"},\"author\":{\"name\":\"msarandi\",\"@id\":\"https:\/\/oroinc.com\/b2b-ecommerce\/#\/schema\/person\/cfd81a5e04e6dfd15b75be8e895d8287\"},\"headline\":\"Price List Management in OroCommerce\",\"datePublished\":\"2016-03-01T16:55:37+00:00\",\"dateModified\":\"2018-01-26T11:42:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/oroinc.com\/b2b-ecommerce\/blog\/price-list-management-in-orocommerce\/\"},\"wordCount\":1509,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/oroinc.com\/b2b-ecommerce\/#organization\"},\"image\":{\"@id\":\"https:\/\/oroinc.com\/b2b-ecommerce\/blog\/price-list-management-in-orocommerce\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/oroinc.com\/wp-content\/uploads\/sites\/8\/2017\/01\/banner-3-720x85.png\",\"keywords\":[\"OroCommerce\"],\"articleSection\":[\"Product News &amp; 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