Once you’ve added supplier catalogs to your DecoNetwork account, the next step is to configure how those products are priced in your stores. This is done using Supplier Product Markup, which lets you automatically apply a percentage increase on top of the supplier cost. Markup can be set as a fixed amount for all items, or as a tiered markup that adjusts percentages depending on the product’s base cost. You can also tailor markup levels for different contract price levels, giving you flexible pricing strategies for wholesale customers, affiliates, and other special groups.
Configuring markup properly ensures your products remain profitable, competitive, and consistent across your online stores. Without markup rules in place, you’d need to adjust each item individually, which is both time-consuming and prone to errors. By setting global or tiered rules, you gain efficiency and accuracy in pricing.
To get started, watch the video below for a quick walkthrough, then follow the written step-by-step tutorial to configure supplier product markup in your own account.
In this article
- Prerequisites
- Why Configure Supplier Product Markup
- Step 1: Access the Markup Settings
- Step 2: Configure Markup Type
- Step 3: Apply Markup by Contract Price Levels
- Best-Practice Tips
- Troubleshooting
- FAQs
- Additional Resources
Prerequisites
- You must already have supplier products added to your DecoNetwork account.
- Administrator access to configure pricing settings.
Why Configure Supplier Product Markup
Setting up supplier product markup ensures consistent and profitable pricing across your catalog. Instead of manually adjusting each product, you can automate margin control across tiers and contract levels. Key benefits include:
- Save time by applying markup rules to all supplier products at once.
- Maintain consistent margins with tiered percentage rules.
- Offer flexible pricing for different contract levels or affiliates.
Step 1: Access the Markup Settings
- Log into your DecoNetwork Admin.
- Go to Products → Supplier Product Markup.
- Configure your Catalog Markup settings.
1 Catalog Markup Settings
Step 2: Configure Markup Type
- Choose between a Fixed Markup (same percentage across all products) or a Tiered Markup.
- For Tiered Markup, define different percentages based on product cost ranges. Example:
- Under $5 → 50% markup
- $5 to $10 → 45% markup
- Over $10 → 40% markup
Step 3: Apply Markup by Contract Price Levels
- Select a predefined price level from the Contract Price Levels section at the top of the page.
- Define different markup percentages for each level. For example:
- Retail: 30% markup for products under $5, 20% for over $5.
- Wholesale: 20% markup across all items.
1 Contract Price Levels
Best-Practice Tips
- Review your markup rules monthly to ensure profitability.
- Use tiered markups to stay competitive on higher-priced items.
- Clearly define contract levels for affiliates to avoid confusion.
Troubleshooting
- Markup not applying? → Ensure the product is from a supplier catalog. Custom/imported products must be priced manually.
- Unexpected pricing? → Double-check tier ranges and contract level overrides.
FAQs
-
Q: Can I apply markup to custom products I created?
A: No. Markup only applies to supplier products. Manually adjust pricing for custom/imported products. -
Q: Do markup changes apply retroactively?
A: No. Changes only apply to new or updated products going forward. -
Q: Can I set different markups for different stores?
A: Yes, by applying different contract price levels to affiliates.
Additional Resources
Still have questions? Use the Search Tool at the top of the page to find more related guides. Need help? Click the icon to submit a support ticket—our Client Services team is ready to assist!
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