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Pricing: Overview

How to manage pricing in Vividly

Keywords

  • Cost: Product acquisition or manufacturing cost

  • Retail Price: Suggested or standard selling price

  • Margin: Difference between cost and selling price

  • Price Point: Specific pricing level for promotional planning

  • Pricing Tier: Different price levels for various customer segments

Description

The Pricing section manages product retail pricing information essential for promotion planning and profitability analysis.

Fields

Search & Filter

  • “Customers” search filter: Filters pricing view to show only selected customer(s) and their associated pricing.

  • “Product groups” search filter: Filters pricing view to show only selected product group(s) and their pricing across customers.

  • “View Pricing list at” search filter: Displays pricing as it existed at a specific historical date, enabling review of past pricing or future planned pricing.

  • Pricing list: Matrix display showing unit-level pricing for each customer-product group combination.

  • Customers column: Column that displays customers. 

  • Product group row: Row that displays product groups. 

Upload, Download, Delete

  • “Gear icon > Download pricing” button: Exports all pricing data to Excel/CSV format for external management or bulk editing preparation.

  • Delete icon: Removes specific pricing entry for customer-product group combination.

  • “Load from File” button: Bulk upload tool for adding or updating multiple pricing entries simultaneously via Excel file. 

Timeframe Editor

This is a detailed view for managing multiple pricing timeframes for a specific customer-product group combination. It’s divided into:

  • Price column field: Displays and allows editing of unit-level price for the timeframe.

  • Start date column field: Defines when the pricing becomes effective.

  • End date column field: Defines when the pricing expires and is no longer effective.

  • Plus icon: Adds new pricing timeframe for the customer-product group combination.

  • Delete icon: Removes specific pricing timeframe entry.

Related Articles

Best Practices

  • Remember to use unit level pricing, not case level. 
  • Use accurate pricing start dates according to your promo planning. 
  • Leave end dates blank for ongoing pricing.
  • Set up future pricing in advance according to promo planning. 
  • Export before doing any bulk updates to have backup data.
  • Use bulk upload for efficiency instead of manual entry.
  • Validate pricing before promotions. 
  • Audit pricing changes periodically to make sure every price is set up correctly. 
  • Align pricing with customer timeframes.