Tiered pricing adjustment based on price (rate)
in Pricing
We have a case, where pricing adjustment is done on tiered rate, rather than based on "Extended amount" or "Item quantity".
Following is an example.
- We have some items (bottles) for which pricing is in "Each" UOM.
- Depending on items, volume can vary. For example; Bottle 1 = 750 ml, Bottle 2 = 500 ml, etc.
- Markup is calculate in "Litre". However, this markup is tiered based on price/Litre.
Here is the mark-up chart for tiered price.
Price | Mark-up |
|---|---|
Upto $25/ Litre | 130% |
$25.01 - $37.5 / Litre | 60% |
Over $37.5 / Litre | 30% |
- Let's take an item "Bottle 1" which is a 750 ml bottle.
- Bottle size (in Litre) = 0.75 L
- Cost of an Bottle 1 = $24.00 /Each
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