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--- price_tiers [2017/06/03 14:59] – created adam.brusselback
+++ price_tiers [2025/11/24 20:13] (current) – tina.robles
@@ Line 1: / Line 1: @@
-__**Price Tiers**__
+__**Price Tier Structure and Configuration**__
-There are a bunch of different pricing structures used in the industry, and at GoSimple we aim to support all of them if possible.
+Overview
-Our pricing system supports multiple **Price Tiers**, and an order can be set as to which we look into for a price 1st, 2nd, 3rd...etc.  Using the order specified by our client, we will look into the stack of **Price Tiers** until we find a match.
+The pricing landscape encompasses diverse pricing structures across the industry. The GoSimple platform is designed to accommodate all standard pricing methodologies through a flexible, hierarchical pricing system.
+__Pricing Hierarchy__
+Our system supports multiple Price Tiers with configurable priority sequencing. When processing an order, the system evaluates Price Tiers according to client-specified priority (1st, 2nd, 3rd, etc.) and applies the first matching price found within the hierarchy.
+__Price Tier Functionality__
+Key Characteristics
+Temporal Management: Price changes are tracked through versioned records, with each entry timestamped to indicate an effective date
+Unit of Measure (UOM) Specification: Each price key includes both the price value and its corresponding UOM
+-----
+__Supported Price Tier Types__
+**1. Price Default**
+Key: Product
+Establish a standard price for each product. This pricing data can be transmitted directly via the product feed.
+**2. Price List**
+Key: Product, Date Range, Cost Basis Type
+Enables product pricing differentiation based on:
+Time periods
+Cost basis types
+Data Transmission: Dedicated feed
+**3. Price Class**
+Key: Product, Price Class(ifier), Date Range, Cost Basis Type
+Supports product pricing segmentation by:
+Price Classifier assignment
+Time periods
+Cost basis types
+Configuration: Price Classifiers are established through the administrative interface, allowing companies to be grouped into classification buckets. Pricing is then configured at the Price Classifier level.
+Recommendation: Optimal for clients managing extensive product catalogs and large company portfolios.
+Functionality Equivalence: Provides the same granularity as Price Company and Price Sale tiers.
+Data Transmission: Dedicated feed
+**4. Price Company**
+Key: Product, Company, Date Range, Cost Basis Type
+Enables company-specific product pricing based on:
+Individual company assignment
+Time periods
+Cost basis types
+Advisory: Not recommended for clients with extensive company and product portfolios due to scalability considerations.
+Functionality Equivalence: Provides the same granularity as Price Class and Price Sale tiers.
+Data Transmission: Dedicated feed
+**5. Price Sale**
+Key: Product, Company, Date Range, Cost Basis Type
+Facilitates company-specific product pricing based on:
+Individual company assignment
+Time periods
+Cost basis types
-First, some notes about how **Price Tiers** work.
-  - They are temporal, meaning if the price changes for a specific **key**, we store a new row with a column denoting when it went into effect.
-  - For each **key** we are given a price, and a UOM that price corresponds to.
-Lets go over the current supported **Price Tiers**, and their **key**:
-   * **Price Default** - Product
-   * **Price List** - Product, Date Range, Cost Basis Type
-   * **Price Class** - Product, Price Class(ifier), Date Range, Cost Basis Type
-   * **Price Company** - Product, Company, Date Range, Cost Basis Type
-   * **Price Sale** - Product, Company, Date Range, Cost Basis Type

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