The value in Price Floor Modifier adjusts an item's price floor to account for varying costs by market and inventory group.
The Price Floor Modifier provides increased control over pricing and profit margins. When you create or modify an inventory pricing rule, you can enter a value in Price Floor Modifier to adjust your price floor to account for varying costs by market and inventory group.
The value you enter in Price Floor Modifier is a fixed monetary amount that Monsoon Marketplace adds to an inventory group's cost of goods and profit when calculating a price floor.
A price floor calculates as:
Using the Price Floor Modifier value, you have the flexibility to:
For example, let's say that you sell on Amazon FR and your shipping costs for that marketplace are typically higher than other Amazon markets. You can create an inventory group, select Amazon FR as the market, then add a Price Floor Modifier.
In this case, let's say you add a Price Floor Modifier of $5.00. When an item lists on Amazon FR, its price floor is padded with that additional $5.00 so that your margin is always high enough to cover shipping costs.
To set Price Floor Modifier by inventory group and market
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