Volume pricing
Volume pricing supports minimum and maximum quantities and quantity increments.
When you create a price list and you choose Volume pricing, you enter a wholesale price for each product. If your products have variants, then you can enter a different price for each variant, or you can apply the product price to the variant prices.
Price lists that offer fixed prices are not affected by changes made to the online store prices of their products.
When you choose Volume pricing, you can also make the following customizations.
Set minimum and maximum quantities
You can set both minimum quantity and maximum quantity amounts for individual products and variants when you create a Volume pricing list. Your customers need to order enough product to meet or exceed the minimum amount, but not enough to exceed the maximum amount. For example, you could require that your customers order at least 25 shirts, but not more than 100 (so that no customer can purchase all your shirts).
You can also set a quantity increment as well as setting minimum and maximum amounts. When these settings are enabled, your customers can order in increments that exist within the minimum and maximum range.
Minimum amounts for an order can be set for individual customers as well as your store.
Set quantity increments
When you create a Volume pricing list, you can set the number of units by which a product is grouped and sold together. For example, if you sell socks in packages of six, then enter 6 in the Increments column.
Set volume-based pricing
When you create a Volume pricing list, you can set thresholds (quantity breaks) for volume pricing. There are two ways you can do this:
- Volume pricing for variants
- Volume pricing for products
Volume pricing for variants lets you offer discounted rates that are based on the amount of a specific variant being ordered. For example, you offer a shirt that has small, medium, and large sizes, at a retail price of $5. You're able to set quantity breaks for each variant of your product that operate independently of each other. This pricing option is a good choice if you have particular variants that you want to offer special pricing for.
If you would rather set quantity breaks that operate no matter which variant your customers opt to select, then you can use volume pricing for products instead. Volume pricing for products allows you to set prices that offer your customers prices based on the total amount ordered of that product, regardless of the variants selected.
For example, you offer an apparel customer the following volume pricing for your product:
| Volume break 1 | Volume break 2 | Volume break 3 | |||
|---|---|---|---|---|---|
| Minimum quantity | Wholesale price | Minimum quantity | Wholesale price | Minimum quantity | Wholesale price |
| 1 | $5.00 | 50 | $4.50 | 75 | $3.00 |
In this example, if the customer ordered 35 shirts, then they would pay $5 for each shirt (volume break 1) for a total of $175. If the customer ordered 80 shirts, then they would pay $3 for each shirt (volume break 2) for a total of $240, and so on.
When you create a volume pricing list for products, your prices and increments don't need to be the same across variants. If you choose, you can have different quantity breaks and increments for each of your variants.
The following table shows other examples of volume pricing.
| Pricing | Volume break | Number of shirts ordered | Order amount |
|---|---|---|---|
| Buy 49 at $5 each | 0 to 49 | 35 | $175 |
| Buy 74 at $4.50 each | 50 to 74 | 60 | $270 |
| Buy 75 at $4 each | 75 and up | 80 | $420 |