Setting a Product’s Base Price for Commerce 2.1 and Earlier Versions

When you create an SKU, it doesn’t have a base price. A price entry for the SKU is created automatically in the catalog’s base price list, but you must change it to the SKU’s actual price. Once added, this price serves as the default price for the SKU when no overrides (e.g., other price lists or promotions) are applicable.

Setting the Base Price

Products are located in the Control Panel in the legacy versions.

1. Navigate to the Control Panel → Commerce → Products.

2. Click on a product (Torque Converters in this example).

3. Click the SKUs tab.

4. Click on a SKU (MIN55859 in this example).

5. On the Details tab, enter the following in the Pricing section:

   • Price: 34
   • Promo Price: (leave it blank) (If you enter this field, then both the price above and promo price will appear on the product page so that buyers can see the markdown.)
   • Cost: 20

   

6. Click Publish.

This product SKU’s base price, promo price (optional), and cost (optional) have been set. The Cost field corresponds to your cost for this SKU which can help you track margins.