Article Contents:
Quick Overview
How to Edit Pricing Rules:
All Partnerships & All Products
Quick Overview:
With Pricing rules, a supplier can set limits for how much a retailer can raise or lower their prices.
Use the general option to set pricing rules across all partnerships and products, or set unique pricing rules by specific product and or partnership.
Please review the FAQ before activating this feature.
How to Edit Pricing Rules - All Partnerships & All Products
Watch or read below:
1. Go to the Products Tab: Click on the "box" icon on the left-hand navigation column.
2. Click Edit in the General Settings section.
3. Customize your price rules. Then click Save.
4. Complete.
How to Edit Pricing Rules - All Partnerships & Specific Products
Watch or read below:
1. Go to the Products Tab: Click on the "box" icon on the left-hand navigation column.
2. Select one product or select in bulk. Then click Edit Pricing Rules.
3. Customize your price rules. Then click Save.
4. Complete.
How to Edit Pricing Rules - Specific Partnership & All Products
Watch or read below:
1. Go to the Products Tab: Click on the "box" icon on the left-hand navigation column.
2. Select By Partnership.
3. Click on the partnership you want to edit.
4. Click the edit button next to your partner's name.
5. Customize your price rules. Then click Save.
6. Complete.
How to Edit Pricing Rules - Specific Partnerships & Specific Products
Watch or read below:
1. Go to the Products Tab: Click on the "box" icon on the left-hand navigation column.
2. Click on By Partnership.
3. Select the partnership you want to edit.
4. Select one product or select in bulk. Then click Edit Pricing Rules.
5. Customize your price rules. Then click Save.
6. Complete.
FAQ
1. Will setting pricing rules change my retailer's prices automatically?
Generally no, this is only giving permission to retailers to change their prices within the bounds you set. Retailers will be able to adjust their prices within the bounds you set should they choose to do so.
However, if you remove a previously established pricing rule, it may adjust the prices for retailing partners if their price falls outside the established limits.
For example: If you allowed a 20% discount, but then revert back to the 0% default, partner prices will automatically be adjusted back to your Carro price.
2. What price is the revenue split based on?
Price Decreases: The revenue split is based on the retailer's price. For example: If a retailer sells a product normally priced at $100 for $80, the revenue split and associated fees will be based on $80. This includes Carro's 5%.
Price Increases: The revenue split is based on the supplier's price. For example: If a retailer sells a product normally priced at $100 for $120, the revenue split and associated fees will be based on $100 (the retailer keeps the $20 difference). This includes Carro's 5%.
3. What happens if a retailer sets the price outside the bounds?
Their prices will automatically be adjusted back to your Carro price.
4. Will this change my revenue splits?
No, your revenue split percentages will remain the same. However, this will change the actual dollar amount you receive from a sale
5. What is the maximum I can discount?
There is a maximum discount limit of 70%. If you need to discount more than this, please contact support via Intercom or support@getcarro.com.
6. Can I allow a discount and an increase at the same time?
Yes, you can. It's still up to your partner to exercise the right to change the prices manually.
7. What if I'm okay with my retailer discounting my prices, but I don't want it to impact my payouts?
Always keep your discount settings at 0%.
You'll need to have your partner use a discount code, rather than giving them the ability to discount through Carro. If the retailer allows discount codes to be applied to products from their partners, then the discount will be applied to the retailer's share and the supplier will still receive their full portion of the sale.
8. Can I schedule sale events?
Yes, with our new Sale Events feature you can. Learn more HERE.