Set limit per rule in a pricing strategy
When pricing your products, it’s crucial to have the option to set a specific margin or cost limit for a defined group of services. This way, you can be sure that you are optimizing the profits that each group of products brings.
In Quicklizard, you can select ‘Use group margin/cost limit’ as an option for the group of products you have defined.
When keeping this field as-is: "Use group margin/cost limit," the platform will use the strategy margin/cost limits you set under "Pricing limits." This will also be the default option.
If you choose to change to the ‘Override’ option, you can set a specific number for the margin, for example, to apply if this specific rule applies.
Let’s look at an example, pricing rule 1 received a 3% margin. In this strategy, the general margin is set as 10%. If this specific rule applies, the margin will be 3%.
Please note that the rule margin can be lower or higher than the strategy margin, but it will always take precedence.
We hope this helps you to understand the group margin/cost limit options when setting up your pricing groups. If you have any further questions please reach out to our support team.


Comments
0 comments
Please sign in to leave a comment.