Volume Prices overviewEdit on GitHub
In highly competitive markets, the business tactic is made compelling by issuing drastic discounts when buying products in large quantities or volumes.
Volume pricing helps the merchants to gain the commitment of the customers. Providing volume discounts result in increasing the placement of large orders with the small ones. Large orders are preferred as they reduce the expenses incurred by the company.
Such incentives allow a business company to purchase additional inventory at a reduced cost and allow sellers or manufacturers to reduce the products by selling more units and increase their revenues per transaction.
The schema below illustrates the connection between
spy_price_product_store table links
spy_price_product_merchant_relationship with the
spy_price_product_store table contains a JSON with prices per mode, currency and type.
You can find the example of the JSON below:
[ "EUR" => [ "GROSS_MODE" => [ "DEFAULT" => 9999, "ORIGINAL" => 12564, ], "NET_MODE" => [ "DEFAULT" => 8999, "ORIGINAL" => 11308, ], "price_data" => ["QTY" => 10, "GROSS(DEFAULT)" => 100, "NET(DEFAULT)" => 90], ["QTY" => 20, "GROSS(DEFAULT)" => 90, "NET(DEFAULT)" => 80] ], "CHF" => [ "GROSS_MODE" => [ "DEFAULT" => 11499, "ORIGINAL" => 14449, ], "NET_MODE" => [ "DEFAULT" => 10349, "ORIGINAL" => 13004, ], ], ],
Volume prices are configured per store and per currency and a Store Administrator can set volume prices for every locale.
Volume prices are set for both gross and net mode and are either inherited from the abstract product or specified directly for a standalone concrete product.
A specific volume price for a concrete product has a higher priority over an inherited one from its abstract product.
The volume prices are imported using data importer. The JSON with volume prices is added to the
price_data.volume_prices column as shown in the example:
After the import is completed the volume prices are shown on the product detail page:
Once the product is added to the shopping list or to the cart, the item price corresponding to the volume price is displayed for that quantity. If the user increases or decreases the quantity in cart (but not in shopping list since here we don’t really change quantities), the price is updated once the user goes over or under a threshold defined by the volume prices.
Volume pricing is applied when a certain threshold is reached.
Threshold is a minimum value that serves as a benchmark/boundary for a discounted price when the product is dependent on the volume (e.g. the number of units of the product) bought.
The volume price is applicable only if the shopper exceeds a certain quantity threshold - the number of units the customer chooses to buy.
The following table illustrates a typical volume pricing model:
|Quantity of products||Price per products||Total Price|
The new price will go into effect after 5 units are purchased and only apply to the units beyond that threshold. The buyer would still pay full price for the first 5 units they procured.
Volume prices can also mean higher prices per item at increasing thresholds.
unlike other prices in Spryker which support both price types (DEFAULT and ORIGINAL), volume price supports only DEFAULT price type
as volume price does not support ORIGINAL price type, you cannot define a promotion for a volume price
volume prices cannot be applied to the prices per merchant relation.
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