Creating a pricing policy

The pricing policy tool allows you to generate prices in different currencies automatically using a custom template. Unlike the dynamic pricing policy, which converts the reference price by rounding, the pricing policy allows you to create a 100% custom template that you can use over and over again.

When creating a pricing policy you have to provide the following information:

• The name of the policy

• The reference amount (amount and currency)

• Prices to be generated by territory and currency

Once completed, click on Save.

To apply this pricing policy, go to Metadata > Sales and click the Apply Policy button.

Example

You have several publications with a selling price of $14.99 CAD and you want to create a template so that the prices are automatically generated.

• Name: Title at $14.99 

• Reference amount: $14.99 CAD

• Prices to be generated

• Canada: $14.99

• Europe: €11.99

• Switzerland: CHF 11.00

• Rest of the world: $14.99 USD

You'll now be able to apply this pricing policy whenever you have a publication at $14.99 CAD.