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Promotional Pricing

Action: PRICING

Located at Main->Housekeeping->Inventory Setup->Inventory->Promotional Pricing (PRICING) ​ Promotional pricing is used to discount or mark down the retail prices of certain styles by category or other criteria. Additionally, you can specify a date range of when the promotional markdown is in effect.

The promotion will apply to any style which matches all items specified in the Applies to section, when the current date is within the date range for the promotion. If there are two of more promotional prices that could apply ProfitSystem will use the one that gives the most benefit to the customer and ignore the rest.

A manual ticket level discount will override a promotional price, meaning the promotional price will be removed if a adjustment on the ticket is manually entered.

Fields

Description...A short description of the promotion.

Adj. amount...The adjust amount, -10, 10%, etc. See Using Markdowns for more information.

Markdown code...A code to represent the specific reason why an item is marked down in price. See Markdown codes for more information.

** Change price via an Adjustment?**...If checked, ProfitSystem will add an adjustment to the ticket at sale time to reflect the promotional pricing which is a great audit trail. If not checked, ProfitSystem will simply change the selling price making it inclusive of the markdown.

Pricing applies from...The date range for which this promotion applies.

Use one of the following methods to identify what styles this promotional price applies to

Store style...The single store style code that this promotion applies to. If you specify the store style code, you don't need to specify the vendor, category, or vendor style.

OR

Vendor...This promotion will apply to items from this vendor.

Vendor style...The vendor style code that this promotion applies to.

OR

Inventory category...This promotion will apply to items from this vendor.

Season...The season code of inventory items to apply the markdown to. Discount will only apply to inventory that is of the season entered here.

Stores...A list of store ID's that this promotion applies to. Separate the store ID's with commas.