Overview
FLX provides powerful tools for managing pricing strategies across multiple sales channels. With the ability to apply both channel-specific and global price modifiers, you can tailor your pricing to meet various business needs. Recent enhancements include the introduction of MAP-based rules, allowing for more precise pricing adjustments based on the Minimum Advertised Price. These tools help ensure compliance with pricing policies while offering flexibility in how markups are applied.
How to Use Single Sales Channel Price Modifiers
To update pricing modifiers on a single channel:
- Navigate to the desired sales channel and select Modifiers
- Click to enable the toggle for price modifiers
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Select the type of dropship margin you'd like to base your markup on
- Flat markup on cost - Apply a flat rate or percentage to products
- Tiered markup on cost - Apply a markup percentage based on pricing tiers
- Discount on MSRP - Apply a discount price or percentage to products
-
Enable the toggle for any additional pricing rules you would like to apply:
- Never let product price exceed MSRP
- Never let product price go below Cost or MAP
- Round up listing price to .99 cents
Modifier Preview
- Allows you to search for products by SKU to show an example of what the price modifiers will look like on your products
How to Use Map-Based Modifiers
To apply MAP-based pricing modifiers:
Navigate to the Pricing Modifiers Section: Go to the desired sales channel or global pricing settings where you want to apply the MAP-based modifiers.
Select MAP-Based Modifier Type: Choose whether to apply a flat markup or a tiered markup based on the MAP:
- Flat Markup on MAP: Apply a consistent markup percentage or amount across all products based on their MAP.
- Tiered Markup on MAP: Set different markup percentages or amounts depending on the MAP range of the products.
Set the Markup Values: Enter the specific markup values that should be applied. For tiered markups, define the MAP ranges and the corresponding markup percentages or amounts.
Enable and Save the Modifier: Once you've configured the MAP-based rules, enable the modifier and save your changes.
Review the Modifier Preview: Check the modifier preview to see how the MAP-based rules are applied to your products. This will show you the final pricing after the MAP-based adjustments.
How to Use Global Price Modifiers
To update pricing modifiers on all sales channel:
- Navigate to Settings and select Global Modifiers
- Click to enable the toggle for price modifiers
-
Select the type of dropship margin you'd like to base your markup on
- Flat markup on cost - Apply a flat rate or percentage to products
- Tiered markup on cost - Apply a markup percentage based on pricing tiers
- Discount on MSRP - Apply a discount price or percentage to products
-
Enable the toggle for any additional pricing rules you would like to apply:
- Never let product price exceed MSRP
- Never let product price go below Cost or MAP
- Round up listing price to .99 cents
Modifier Preview
- Allows you to search for products by SKU to show an example of what the price modifiers will look like on your products