Retail Pro V8

Preferred Customer Pricing

Preferred Customer Selection

Some stores offer different prices to particular groups of customers, such as:

• Employees
• Wholesale accounts
• Family
• Friends
• Long standing clientele.

By specifying a preferred price level for those types of customer in advance, the correct price level will automatically appear on sales made to them.

Preferred pricing can be a simple percent discount, but it can also be fine tuned to accommodate exceptions or variations in the discounts offered as part of any given price level.

Planned Pricing and Markdowns

Planned pricing is a merchandising tool used to change pricing on certain inventory items for a preset time period. This allows users to plan up to four price changes in advance on a style-by-style or item-by-item basis. This could be a continual reduction at the end of a season or a special promotional sale. Planned pricing gives the retailer a method to unload stock through scheduled markdowns. It safeguards against special promotions being lost in the shuffle with its advanced scheduling capabilities. It is easy to implement in any type of retail environment.

The Markdown module has the ability to:

• Mark down prices, by amount or percentage
• Mark up prices, by amount or percentage
• Round prices by pence or pounds
• Copy prices from one price level to another adjusted level
• Restore previous prices
• Print special markdown tags
• Print markdown reports