Tiered Selling Price Rules

Tiered Selling Price Rules

Tiered Selling Price Rules

Navigation: Admin > Settings > Catalog > Pricing Rules


Overview

Pricing Rules allow you to define how herbs and premix formulas are priced in your dispensary. Rules provide a structured way to automatically calculate and update selling prices as underlying conditions—such as cost of goods—change over time.

Pricing rules are optional. You may choose to set a fixed selling price per item without using any rules.

When pricing rules are applied to multiple items, updating a single rule will automatically update the selling price of every item associated with that rule.

Example:
If a pricing rule applies a 200% markup and is later changed to 250%, all herbs and premixes using that rule will automatically update to the new markup.


Default Cost of Goods

Default Cost of Goods ensures the system can calculate prices even when supplier or inventory pricing is unavailable.

  • Set a default cost of goods for each herb type

  • Enter values for both single herbs and premix formulas

  • Changes are saved automatically

This value is used as a fallback when no inventory or supplier cost exists.


Default Selling Price

The Default Selling Price ensures every catalog item always has a price.

  • Set a default selling price per herb type

  • Newly created catalog items will use this price unless overridden

  • If tiered pricing is enabled and a formula’s quantity falls outside defined tiers, the default selling price is used

If you are not using tiered pricing, this value becomes the actual selling price.


Pricing Rule Types

There are four pricing rule types available:

1. Exact Price

Sets a fixed selling price that does not change with cost of goods.

Example:
Always charge $0.25 per gram.

  • Ignores cost of goods

  • Price only changes if the rule is edited


2. Margin Percentage

Defines your gross margin as a percentage of the final selling price.

Example:

  • Cost of goods: $0.10 per gram

  • Selling price: $1.00 per gram

  • Margin: 90%

The maximum allowable margin is 99.99%.

Margin Calculation Example

Desired margin: 20%
Cost of goods: $0.10

  • Margin portion (20%)

  • Cost portion (80%)

Calculation:
$0.10 ÷ 0.80 = $0.125 selling price


3. Markup Percentage

Applies a percentage increase to the cost of goods.

Example:

  • Cost of goods: $0.10

  • Markup: 300%

Calculation:
$0.10 × 300% + $0.10 = $0.40


4. Markup Fixed

Adds a fixed dollar amount to the cost of goods.

Example:

  • Cost of goods: $0.10

  • Fixed markup: $0.15

Selling price:
$0.10 + $0.15 = $0.25


Latest Cost of Goods Logic

Pricing rules (except Exact Price) rely on the latest cost of goods, determined using the following priority:

  1. Inventory Cost

    • If inventory is uploaded with pricing, that cost is used

  2. Supplier Product Cost

    • If multiple supplier products exist, the highest cost is used

  3. Default Cost of Goods

    • Used only if no inventory or supplier pricing exists

Important:
New herbs, premixes, or products use the default cost of goods until updated. Ensure defaults are configured.


Default Selling Price Rules

Every catalog item requires a default selling price.

  • If tiered pricing is enabled and a quantity falls outside all tiers, the default selling price is used

  • If tiered pricing is not enabled, the default selling price becomes the actual selling price

You may create multiple pricing rules and apply them selectively, or simply set a per-item selling price without rules.


Creating a Default Selling Price Rule

  1. Click Add New

  2. Enter a Rule Name

  3. Select the Herb Type

  4. Choose a Pricing Rule Type

    • Exact Price

    • Margin Percentage

    • Markup Percentage

    • Markup Fixed

  5. Enter the pricing value

  6. Save the rule


Tiered Selling Price Rules

Tiered Selling Price Rules allow pricing to change based on quantity ranges.

To use tiered pricing:

  1. Create a Tier Template

  2. Apply that template to a Pricing Rule

  3. Assign the rule to herbs or premix formulas

Creating a Tiered Pricing Rule

  1. Click Add New

  2. Enter a Template Name

  3. Select a Tier Template

  4. Choose a Rule Type for each tier

  5. Enter the value for each tier


Applying Pricing Rules to Catalog Items

You can apply pricing rules in two ways:

Individual Assignment

  • Open the herb or premix record

  • Select the pricing rule

Bulk Assignment

  • Go to Admin > Settings > Catalog > Pricing Rules

  • Click the number in the View column

  • Use Add to assign items

  • Select No Rule or another rule to remove items

Bulk actions allow you to add or remove multiple items at once using the bulk change controls at the bottom of the table.


Tiered Selling Price Rules provide a powerful way to standardize pricing, automate updates, and maintain consistency across large catalogs while retaining full control over margins and profitability.

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