The supplier product markup defines the markup you, the Fulfillment Center, applied to products your suppliers provide via catalog. You have the option of setting a single percentage markup on all products or using a tier-based percentage markup based on the cost of the product. The settings used here will affect the "wholesale price" that all affiliate stores will pay for products they purchase through you. These settings do not affect decoration prices or any other fees that may be applied in addition to the supplier markup. These settings are defaults for all products and you may override the derived prices on a per product basis if required.
For more information on how DecoNetwork's product pricing model is structured, see the help article, "How Pricing and Commission Works".
- You must have administrator access to use this feature
To Configure Supplier Product Markup:
- Log into your DecoNetwork Website.
- Browse to Admin > Products.
- Select Supplier Product Markup.
The main work area displays your present markup configuration.
- Configure the markup settings as required.
You have two main alternatives:
- Fixed Markup which lets you set the percentage to markup the wholesale price of all products by (regardless of the cost to you); and
- Tiered Markup, which marks up the wholesale as a percentage based on the cost (to you) of the product.
- Add Markup Tier will add a new row to the markup table that lets you specify the cost price range. You must set Price From which defines the lower limit of the markup level, and the Markup Percentage for each markup level.
- Press Delete to remove a markup tier.
- When you are done, click Save.