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Magento 2 Percentage Pricing – Use Cases with Examples

Magento 2 Percentage Pricing extension by FME enables you to Markup or Discount the product price. This extension calculates the product prices based on the “Cost + Price Markup/Discount” formula. You can Markup/Discount the product price in percentage or Fixed Amount. You can update price of any type of products like bags, shirts, accessories, etc.

How it Works:

With this Magento 2 Cost Based Pricing extension, you can create multiple rules to auto-update Fixed or percentage markup to the products.You can create multiple rules and apply to the product. You cannot apply multiple rules to a single product but can apply a single rule to multiple products.

  • Create a Markup/Discount Rule
  • Write Rule Description
  • Set Priority
  • Configure Rule Settings - Fixed/Percentage
  • Apply Rule to a Product

Magento 2 Percentage Pricing Use Cases

Case 1: Apply Markup as Percentage

With this extension, you can auto-apply Markup as Percentage of the product original cost. If you are selling a bag for a $30 and want to Markup the Bag price by 5%. Then this extension will automatically update the final price of the Bag. In this case, Total Price is $31.5 ($30+5% Markup of $30).

Example Demo: Apply Markup as Percentage

Case 2: Apply Markup as Fixed Amount

If you are selling a bag for a $30 and want to Markup the Bag price by a fixed amount e.g. $5. Then this extension will automatically update the final price of the Bag. In this case, the Total price will be $35 ($30+$5 Fixed Markup).

Example Demo: Apply Markup as Fixed Amount

Case 3: Apply Markup as Fixed Amount with Custom Option:

If you are selling Blinds for $50 and want to Markup the Blinds price by a Fixed amount e.g. $5. Then this extension will automatically update the final cost of the Blinds. In this case, the Total cost will be $55 ($50 + $5 Fixed Markup).

Example Demo: Apply Markup as Fixed Amount with Custom Option

Case 4: Apply Discount as Percentage of Product Cost

If you are selling a bag for a $30 and want to offer a discount of 5%, then in this case, the Total price calculated will be $28.5 ($30 - 5% Discount of $30).

Example Demo: Apply Discount as Percentage of Product Cost

Case 5: Apply Discount as Fixed Amount

With this extension, you can also offer a Discount in fixed amount. For example, if you are offering $5 discount on a bag whose price is $30, then in this case, the Total price calculated will be $25 ($30 - $5 Discount).

Example Demo: Apply Discount as Fixed Amount

Case 6: Apply Discount as Fixed Amount with Custom Option

If you want to offer Fixed Discount on Bed Foams, then this extension will automatically update the final price of the Bed Foam. If the original cost of the Bed Foam is $40 then in this case, the Final price will be $33 ($40 - $7 Fixed Discount).

Example Demo: Apply Discount as Fixed Amount with Custom Option



This post first appeared on Magento Vs PrestaShop Themes–Who Is Best? / Mag, please read the originial post: here

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Magento 2 Percentage Pricing – Use Cases with Examples

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