Product pricing is one of the most important configuration steps when setting up your DecoNetwork website. Using Price Settings, you can define how much markup is applied to your blank and pre-decorated products, control profit margins, and optionally round prices for a cleaner, more consistent retail experience.
In this article
- Prerequisites
- Why Configure Product Markups
- Step 1: Access Price Settings
- Step 2: Choose a Markup Type
- Step 3: Understand Price Overrides
- Step 4: Apply Price Rounding
- Step 5: Apply Rounding to Business Hub Orders
- Best-practice Tips
- Troubleshooting
- FAQs
- Additional Resources
Prerequisites
- Administrator access to your DecoNetwork account
- An existing website with products configured
Why Configure Product Markups
Product markups determine how your wholesale costs are transformed into final retail prices. Configuring these settings correctly helps you:
- Ensure consistent profit margins across your store
- Quickly price new products without manual calculations
- Maintain predictable pricing for blank and pre-decorated items
- Present clean, professional prices using rounding rules
Step 1: Access Price Settings
- Go to Websites and open the website you want to update.
- Select Price Settings.
From here, you can configure markup rules for both blank and pre-decorated products.
Step 2: Choose a Markup Type
Markups increase the wholesale price, which represents the cost of the blank product plus decoration. This wholesale price is then used to calculate the final retail price.
Percentage Markup
- Applies a percentage increase to the wholesale price
- Displays an estimated margin for each product
- Margins vary depending on the product’s wholesale cost
Fixed Markup
- Adds a flat amount to every product (for example, $5)
- Provides predictable pricing regardless of product cost
- Ensures consistent dollar-value profit per item
Step 3: Understand Price Overrides
Default markup settings apply automatically to products unless a product’s price or markup has been manually overridden.
This gives you flexibility to fine-tune individual products while keeping sensible defaults for everything else.
Step 4: Apply Price Rounding
You can round retail prices to create cleaner, more appealing numbers for customers.
- Round to the nearest $0.25 or $0.10
- Round up to the nearest .99
Price rounding helps standardize how prices appear in your store
Step 5: Apply Rounding to Business Hub Orders
Price rounding configured at the store level can also be applied to quotes and orders created in Business Hub.
- Go to Admin → Settings → Production & Order Settings.
- Select Quote, Order and Invoice Settings.
- Tick Apply store price rounding in Business Hub.
Business Hub price rounding setting
Best-practice Tips
- Use percentage markups for broad catalogs with varying product costs
- Use fixed markups when you want consistent dollar margins per item
- Limit manual price overrides to special-case products only
- Apply price rounding early to avoid inconsistent pricing across channels
Troubleshooting
My price changes are not applying to certain products
This usually means the product price or markup has been manually overridden. Once a product is overridden, default Price Settings no longer apply.
- Open the product’s pricing settings
- Check for custom price or markup values
- Remove the override if you want the default markup to apply again
Margins don’t match the markup percentage I entered
This is expected behavior. Markup and margin are calculated differently.
- Markup is added to the wholesale cost
- Margin is the percentage of profit from the final retail price
Price rounding works on the website but not in Business Hub
Price rounding must be enabled separately for Business Hub.
Make sure the Apply store price rounding in Business Hub setting is enabled under Admin → Settings → Production & Order Settings → Quote, Order and Invoice Settings.
Existing quotes or orders did not update after changing price settings
Price settings only affect new pricing calculations. Existing quotes and orders retain the prices that were calculated at the time they were created.
Fixed markup feels inconsistent across products
Fixed markups apply the same dollar amount regardless of product cost, which can lead to higher or lower margins depending on the item.
FAQs
What is the difference between markup and margin?
Markup is the amount added to the wholesale price, while margin represents the percentage of profit from the final retail price.
Will changing price settings update existing products?
Yes – unless the product price or markup has been manually overridden. Overridden products retain their custom pricing.
Does price rounding affect Business Hub orders automatically?
No. You must explicitly enable store price rounding within Business Hub order settings.
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!
Comments
0 comments
Please sign in to leave a comment.