You have the option to display or hide pricing of your Items on your website. If you have chosen to hide your pricing a small not saying “Please contact us for a Price” will be displayed. If you have chosen to display your pricing, then by default the Retail Price or MSRP will be displayed.
IAPZ has a built in currency converter that gives you multiple options for displaying prices in different currencies,
The calculated conversion price is determined by using the Retail price you have specified in your Catalog Item and the Currency Exchange Rate you have specified in your Application Settings.
Use the table below as an example
Catalog Item |
Displayed Retail Price (CAN) |
CAN – USD Exchange Rate Specified in Application Settings |
Displayed Retail Price (USD) |
Pencil |
$2.00 |
$1 CAN = $.81 USD |
$1.62 |
The specified conversion price is determined by using the specific currency price you have set in your Catalog Item. You can specify a retail price for multiple currencies, which means your retail price in CAN Dollars could be different from your retail price in US Dollars.
NOTE: A specified price will override and be displayed instead of a calculated price if a specified price has been entered. If no specified price has been entered then the calculated price will be displayed instead.
IAPZ gives you three price levels by default, but as well gives you the option to create multiple custom price levels as well that use simple formulas to determine a custom price for your customers.
Use the table below as an example of Custom Pricing Levels
Level Name |
Formula as specified in Application Settings |
||||
Base Price |
Calculation |
Factor |
Specified Price in Catalog |
Displayed Price |
|
Retail10 |
Retail |
X |
.9 |
Retail $5.00 |
$4.50 |
Wholesale20 |
Wholesale |
X |
1.2 |
Wholesale $4.00 |
$4.80 |