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To set a price floor
You can set a price floor on the Settings tab under Inventory Pricing.
Description
Note If you do not select a specific market when setting pricing for an inventory group, the pricing criteria you select applies to all markets.
- On the Settings tab, click Inventory Pricing, and then click Add Inventory Group.
- Select the criteria, including the market, you want to define the inventory group.
- Type a value in Cost of Goods, Profit, and Floor Modifier.
In this example, let's use the following values:
- Cost of Goods = $8.00
- Profit = 30% (The profit mode Profit is percentage of Cost of Goods is selected.)
- Floor Modifier = $1.00
- The price floor calculates as follows:
See also
Price floor
Pricing overview
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