Products/Pricing a product - Revision history

Sachin: /* What is Product pricing? */

2021-02-05T11:01:14Z

‎What is Product pricing?

Subhrajit at 09:33, 22 July 2014

2014-07-22T09:33:30Z

Subhrajit at 09:32, 22 July 2014

2014-07-22T09:32:15Z

Subhrajit: /* How can I calculate the Pricing for a product? */

2014-07-22T09:31:12Z

‎How can I calculate the Pricing for a product?

Subhrajit at 09:30, 22 July 2014

2014-07-22T09:30:50Z

Subhrajit: Created page with "==What is Product pricing?== Product Pricing is the process of determining what a merchant will receive in exchange for its product. ==Where can I access the Product Pricing ..."

2014-07-22T06:55:19Z

Created page with "==What is Product pricing?== Product Pricing is the process of determining what a merchant will receive in exchange for its product. ==Where can I access the Product Pricing ..."

New page

==What is Product pricing?==
Product Pricing is the process of determining what a merchant will receive in exchange for its product.

==Where can I access the Product Pricing feature in the Store Manager?==
Goto Store Manager > Products > Add New product.

[[File:Admin.png| left | frame| 1200px]]

In the Add New Product page you will see a section called “Pricing”.

[[File:ProductPricingnew.png| left| frameless | 1000px]]

==How can I calculate the Pricing for a product?==
<div align="justify">
Formula for Calculating the Net Price is as below
{| class="wikitable"

|-
|Discounted Price = MRP – (MRP * (Discount Rate/100))

|-
|Net Price = Discounted Price + (Discounted Price * Tax Rate/ 100) + Shipping Charges

|}
'''''For example:'''''
In the below figure the MRP is Rs. 1000.00, Discount Rate is 10.00%, Tax Rate is 2.00% and Shipping Charges are Rs.30.00. So by calculating the Discounted Price and Net Price.

So by calculating the Discounted Price and Net Price
{| class="wikitable"

|-
|Discount Price=1000.00 - (1000.00*(10.00/100)) =Rs.900.00

|-
|Net Price=900.00 + (900.00*(2.00/100) + 30.00=Rs.948.00

|}

                              [[File:Pricingex.png]]

If you have more queries or would like assistance with this please contact us on [mailto:support@shopnix.in support@shopnix.in].
</div>

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 Product Pricing is the process of determining what a merchant will receive in exchange for its product.
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 If you have more queries or would like assistance with this please contact us on [mailto:support@shopnix.in support@shopnix.in].
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