Using Price Tiers to Promote More Buying
In addition to having unique discounts for specific account groups and a discount for orders above $5000, Clarity also offers tiered pricing for some of their products to encourage businesses to spend more. Tiered pricing adjusts the unit price of a product when purchased in additional quantity. You’ll log in as Kyle Klein, the administrator for Clarity, and enable tiered pricing for one of their products.
Enabling Tiered Pricing
To create a price tier for certain products, you must first create a custom price list.
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Open the Global Menu () and navigate to Commerce → Price Lists.
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Click Add () and enter the following information:
Name: Clarity B2B - Tiered Pricing
Catalog: Clarity Product Catalog
Currency: USD
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Click Submit.
Configuring the Custom Price List
In the newly opened configuration page,
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Go to the Eligibility tab.
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Select Specific Channels and search for
Clarity B2B
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Click Select next to the channel.
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Go to the Entries tab.
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In the Add SKUs search bar, search for the following SKUs and click Select.
- CLA-EYE-B2B-0001A
- CLA-EYE-B2B-0002A
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Select the first entry and enter
$290
as the Price List Price. -
In the Settings section, enable Tiered Pricing.
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Click Add in the Entries section.
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Enter Quantity as
3
and Tier Price as$270.00
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Add another entry and set Quantity as
5
and Tier Price as$250.00
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Click Save.
Repeat the same steps for the second SKU also.
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Go to Clarity’s product catalog and select Ewan Contact Lenses Multipack. You’ll notice a new unit price chart below the quantity selector showing the available tiers. The price chart disappears for quantities that don’t have tiered pricing enabled.
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Add three units of the product to your cart.
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Open the mini cart to see the tiered price in effect. You’ll notice that when adding three units of the product, the first two units are billed at $290 each and the third unit is billed at $270 bringing the effective total to $850, instead of $870.
Next: Setting Terms and Conditions for Payment Methods and Shipping Options