Set your Basic pricing rule
The Basic pricing rule is a simple product pricing template that you can configure to determine your product price calculation formula. This feature allows you to preset a fixed number to add to or multiply by the product cost and the result will be set as the product selling price automatically. You can take advantage of the feature to automate the pricing for your products.
For example, if your product cost is $5 and you set the Basic pricing rule that will multiply a fixed number of 3 by the product cost, then your product price will be $15($5*3=$15) when you push the product to your store.
How to set your Basic pricing rule
- Login to DSers > Settings > Sales channel Setting > Pricing & Currencies.
- In the Pricing Templates part, locate the store for which you want to use the feature.
- For Store Currency, you can set it according to your store currency. If you need to apply Currency Exchange Rates to your product prices when you push products to your store, turn on and set it up based on your needs. For more details, check Step 2 and Step 3 of Part 1 in this guide.
- Turn on to the right of Pricing Rule. By default, the "Basic pricing rule" is selected automatically.
- For Price (Sale price), Product Cost is the basic value by default. You can click on it and switch to Total Cost, which is the sum of product cost, shipping cost and tax.
- Click in the Symbol selector and select or depending if you want to multiply the original Product Cost, or if you want to add a certain amount to it.
- Enter the number you desire in the next Input box. Ensure your fixed markup covers all extra costs (processing fees, tax, etc.), currency rate (if the Currency Exchange Rates feature is off), and desired profit margin.
- (Optional) Turn on to the right of "Set your compared at pricing rules" and set the formula for Compared at price (Regular price) with the same steps as you do with Price (Sale price).
- Click . With the Basic pricing rule applied, you can also set Assign cents as needed.
- Set your pricing rules
- Set your Standard pricing rule
- Set your Advanced pricing rule
-
1. You can check Product Cost, Shipping Cost, Tax and Total Cost in Edit Product Detail - Variants in Import List.
2. Currently, Tax is only available to products shipped to Brazil.
-
1. "Compared at Price (Regular price)" is the original, higher price you display before the discount. It might also be called "Original Price" or vary by sales channel.
2. Wix products don’t support "Compared at price".
How Basic pricing rule works with Currency and Assign cents
Assuming your product cost is $10, your store currency is CNY and the current exchange rate is 1USD=6.5CNY, then how much is your product price?Product cost/Total cost | Markup | Equation | Assign cents | Price |
---|---|---|---|---|
10USD | +20 | (10USD + 20USD)× 6.5CNY/USD=195CNY | 99 | 195.99CNY |
10USD | × 200% | (10USD×2)× 6.5CNY/USD=130CNY | 99 | 130.99CNY |