Price Controlling

Video Tutorial

General Information

You are in control of the price of each product.
H4G.io's base currency is Euro (€).
There are two different settings, which you can use in the global-, group-, rulespricesettings.

{primary} Note
There may be price and stock differences because the inventory comparison has not yet run or because, for example, the supplier API is down or your shop was temporarily unavailable.

Pricesettingtypes

Fixed Type

The product price is converted into the base currency of your shop and then added to the sum x (your entered value).


Example :

Product Price = 10€
Your entered Amount = 10 US-Dollar

Exchange Rate :
1€ = 1,19 US-Dollar

Formula

productPrice * currencyExchangeRate + yourAmount

Result

finalPrice = 10€ * 1,19 USD + 10 USD
finalPrice = 21,90 USD

This means the product will cost 21.90 USD in your shop.

Percentage Type

The product price is converted into the base currency of your shop and then added to the sum percentage x (your entered value).


Example :

Product Price = 10€
Your entered Amount = 10 %

Exchange Rate :
1€ = 1,19 US-Dollar

Formula

productPrice currencyExchangeRate) ((yourAmount + 100) / 100)

Result

finalPrice = 10€ 1,19 USD ((10 + 100) / 100)
finalPrice = 13,09 USD

This means the product will cost 13,09 USD in your shop.

Price Priorities

Depending on which condition is met first, this is taken for price calculation.

1. Pricesettings By Group


2. Profitrules


3. Global Pricesettings

Global Pricesettings

If you only set this setting, all prices will accordingly only be followed according to this rule.
Here you can decide which price setting type is used.
You can also enter any value here. A negative value is also allowed.

Enable Global Pricesettings

1. Navigate to the Control Dashboard. There you will find several draggable widgets.

  • You will find a widget here called "Price Controller".
  • Click on the tab called "Global"
  • Set the setting and click on button "Save Changes"

Pricesettings by Group

{primary} The products that are in your shop must be cached to use this feature.
You can find more information about the cache here

Here you can choose the price setting type and enter any value to controll productprices in bunch.

For example the Groupname is "Preorders"
Products that are not released yet could be added here.
This products will then be assigned an individual profit margin.

Open Profit Groupsettings

1. Navigate to the Control Dashboard. There you will find several draggable widgets.

  • You will find a widget here called "Price Controller".
  • Click on the tab called "Custom"
  • Click on button "Start Now"
  • Switch to the tab "Profit Group"

Create Profit Group

  • Click on the "New Record" button
  • Fill in the input fields and click on "Save Changes"

Manage Profit Group

  • You will find the cached products on the left
  • On the right side you will find products that have already been assigned to the group.

You don't have to save anything here.
After you have clicked the button to add, the product is automatically assigned to the group and saved in the H4G.io database.

Profitrules

You can create as many profit rules as you want.
When you are done with the settings, click on "Save Changes" button.

Open Profitrules

1. Navigate to the Control Dashboard. There you will find several draggable widgets.

  • You will find a widget here called "Price Controller".
  • Click on the tab called "Custom"
  • Click on button "Start Now"
  • Switch to the tab "Profit Rules"
  • Click on "Add" button to add a new Profit rule

Example

Fixed Pricetype

If price between € 0.00 and € 3
than Add Fixed amount of € 0.50

Percentage Pricetype

If price between € 0 and € 3
than Add Percentage of % 50