TASK:
Please read the following content to understand the pricing structure in Zupply.
Zupply Pricing Hierarchy
Our pricing features range from simple base prices to sophisticated dynamic triggers that adjust pricing in line with product cost changes.
Purchase Price:
The purchase price is the "cost" price of products, used to generate all profit reports.
Base Price:
The base price is the initial sale price of the product, without any additional markups or adjustments. This field is mandatory. Note: Base price values can be set equal to the cost price if you want customer pricing to be driven solely by cost price.
Product Markup:
Product markup is a percentage increase applied to the base price. It's optional but useful for ensuring revenue generation from sold products.
Client Markup:
Client markup includes the base price, product markup (if applicable), and any client-specific adjustments. This field is also optional, allowing customization based on individual client needs.
Using these values, the pricing equation is:
Client Final Price = Cost Price/Base Price + Product Markup + Client Markup:
Example:
Client Groups and Contract Pricing:
When engaging Client Group or Contract pricing, we override the product and client markup settings. This allows for dynamic fixed pricing directly from the Base Price and controls which products are visible in ordering portals.
Note: If only a few quoted prices need fixing for a client, products not within the client group will revert to the Product and Client Markup prices.
Client Group Price:
Within client group pricing, there are three options:
Client group pricing is optional but allows for flexible rates for specific client groups.
Contract Price:
The contract price has the highest authority in pricing decisions. It overrides all other prices and remains fixed, ensuring consistency. A validity period can be set with a date range.
Contract pricing allows for specific negotiated prices for clients within a client group for product availability reasons.
