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
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