2022-04-05: CE - B2B Pricing
Overview
To meet the complexity and scale of B2B Commerce needs, we have redesigned our implementation of how pricing is managed in the platform. At this time, it is in Preview mode and is not fully integrated with other services in the platform.
What's new
We have introduced new features for our Price Service to extend its capabilities for new B2B use cases.
Feature
Benefits
Multi-currency support
Businesses that sell globally can take advantage of our multi-currency implementation by configuring multiple currencies that their customers can choose from. To make it easier to manage a global business, you can create multiple sites and define a different default currency for each of them.
Automated Net/Gross Price Calculation
When Tax Classes are correctly applied on Products, we can now automatically generate the Net and Gross Prices for each Product when one of these, or a base price, is provided.
Net pricing mode
In B2B Commerce, businesses often use net pricing in their storefront. With that in mind, we added a site setting that you can use to define the default pricing mode — net or gross — for particular sites.
Price Models: Tiered and volume pricing
Our customizable pricing model supports pricing strategies common in B2B Commerce, such as tiered and volume pricing. You can experiment with these pricing strategies to find the most profitable way to sell your products.
Price personalization
You can set up prices that are exclusive to specific customers to improve your business's relationship with them. We have also introduced a price matching functionality that helps you determine the best prices for specific customers based on a number of inputs.
Fixes and improvements
None as these are new services.
Known problems
At this time, the new Pricing features are in Preview mode and not available to existing customers using the legacy Price Service. The features are also not integrated into other services such as Cart or Checkout yet.
Documentation and links
Last updated
Was this helpful?