New to NetSuite | Pricing 102: Quantity Pricing

In the previously posted articles, New to NetSuite | Pricing 101: Price Levels was discussed. In this article, we will delve into another pricing topic which is the Quantity Pricing. In this comprehensive guide, we'll walk you through the process of setting up and using NetSuite's Quantity Pricing Schedule, making it accessible for beginners.

In the wholesale business, it is a common practice to give discounts when customers buy in bulk. Quantity Pricing feature lets you manage those quantity discounts as the system automatically applies different sales prices to items that depend on the quantity being sold. This feature is especially useful for businesses that offer volume discounts or tiered pricing structures.