__**Price Tier Structure and Configuration**__

Overview

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

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__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