🏷️ Product Price Control
Implement Advanced Pricing Strategies with Flexibility and Precision in PrismERP
Managing product prices across various customer segments, regions, and promotional windows is critical for profitability and competitiveness. PrismERP’s Product Price Control module empowers businesses to define, track, and automate pricing using multiple parameters—ensuring accurate, dynamic, and customer-aligned pricing strategies.
This comprehensive feature set allows businesses to customize product pricing by time, branch, customer category, vendor, and even specific product variants—while enforcing price range limits to maintain control.
⏰ Time-Based Product Price
Description: Set product prices based on specific time periods or promotional durations. Use Case: Launch seasonal offers, flash sales, or time-bound discounts that auto-activate and expire without manual intervention.
👥 Customer Category-wise Product Price
Description: Define product pricing based on customer categories for personalized pricing strategies. Use Case: Offer wholesale vs. retail pricing or apply special rates to VIP customers or loyalty tiers.
🎨 Variant-wise Price (Single Variant)
Description: Set individual prices for each product variant for precise pricing control. Use Case: Charge different prices for T-shirts based on size or color, or for electronics based on configuration.
🏢 Branch-wise Product Price
Description: Assign different product prices for each branch to manage local pricing. Use Case: Adjust prices regionally to reflect transportation, local tax laws, or competitor pricing in each area.
🛒 Vendor / Barcode-based Pricing
Description: Set product prices based on vendor or barcode for accurate cost tracking. Use Case: If a product is sourced from multiple vendors, define different pricing strategies for each vendor's supply, identified by barcode.
Product Price Range Limit
Description: Define minimum and maximum price limits for products to control pricing flexibility. Use Case: Prevent unauthorized discounts at POS by enforcing a minimum selling price, or protect brand value with capped maximum prices.
Benefits of Product Price Control in PrismERP
- 🔹 Maximize revenue with customer-specific pricing strategies
- 🔹 Improve operational efficiency with automated time-based price adjustments
- 🔹 Ensure compliance with pricing policies and contracts
- 🔹 Maintain brand value by preventing underpricing or overpricing
- 🔹 Enable scalable pricing for multi-branch and multi-customer operations
🔗 Integrated With:
- Sales Order & POS
- Customer Master
- Inventory & Procurement
- Promotions & Discounts
- Variant & Price Management
- Financial Reports & Margins
🚀 Drive Smart Pricing Decisions Across All Sales Channels With PrismERP’s Product Price Control capabilities, businesses can confidently manage dynamic pricing strategies that align with customer needs, market demand, and profitability goals—all while keeping pricing accurate, transparent, and easy to manage.