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.

ℹ️ Currently, the price personalization functionality is limited to specific customers. However, we plan to shortly make it possible to personalize prices for whole customer groups as well.

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.

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