Skip to main content

Configuring Advanced Pricing Rules

Guide to setting up advanced global pricing rules with fixed or multiplier markups, and managing pricing ranges for your products.

Brad Ferch avatar
Written by Brad Ferch
Updated this week

Overview

Advanced Pricing Rules let you apply different markup strategies depending on the product’s cost range. For example:

  • Add a fixed markup to low-cost items.

  • Apply a multiplier markup to higher-cost items.

This flexibility ensures your pricing scales correctly across your catalog.

Note: Using advanced pricing rules is optional. This feature is provided to help you streamline pricing, but you are not required to use it. For insights, see Leveraging the Power of Global Pricing Rules.


On this page


Accessing Global Pricing Rules

Click Dropdown for Guided Instructions

  1. Log into your My Easy Monogram dashboard.

  2. Click the Settings button (bottom left corner).

  3. Select the Global Pricing Rules tab at the top center.

  4. Toggle Advanced Pricing Rules on to reveal the advanced pricing section.


  1. Log into your My Easy Monogram dashboard.

  2. Click the Settings button (bottom left corner).

  3. Select the Global Pricing Rules tab at the top center.

  4. Toggle Advanced Pricing Rules on to reveal the advanced pricing section.


Setting Pricing Ranges and Markups

Click Dropdown for Guided Instructions

  1. Select Pricing Structure

    • Choose Multiplier or Fixed Value markups.

  2. Define Pricing Ranges

    • Example: $0.00 – $9.99.

    • Ensure both Price and Compare Price ranges match.

    • Ranges must differ by at least $0.01 to avoid system errors.

  3. Set Markup Values

    • For lower ranges, a fixed value works best.

    • Example:

      • Price Markup: +$5.00

      • Compare Price Markup: +$10.00

      • Customer sees $5.00 savings between the selling price and compare price.


  1. Select Pricing Structure

    • Choose Multiplier or Fixed Value markups.

  2. Define Pricing Ranges

    • Example: $0.00 – $9.99.

    • Ensure both Price and Compare Price ranges match.

    • Ranges must differ by at least $0.01 to avoid system errors.

  3. Set Markup Values

    • For lower ranges, a fixed value works best.

    • Example:

      • Price Markup: +$5.00

      • Compare Price Markup: +$10.00

      • Customer sees $5.00 savings between the selling price and compare price.


Adding More Pricing Rules

Click Dropdown for Guided Instructions

  1. Click Add Rule at the bottom right.

  2. Define a new cost range (e.g., $10.00 – $29.99).

  3. Assign markup type (multiplier or fixed).


  1. Click Add Rule at the bottom right.

  2. Define a new cost range (e.g., $10.00 – $29.99).

  3. Assign markup type (multiplier or fixed).

    • Example using multipliers:

      • Price Markup Multiplier: 1.75

      • Compare Price Multiplier: 2.25

    • A $10.00 cost → Selling Price: $17.50 | Compare Price: $22.50.

This setup shows clear value to customers while keeping consistent margins.


Important Reminder

  • Always complete both Markup and Compare at Markup fields.

  • Do not leave fields blank or set them to 0.

  • Example:

    • Markup = 1.5

    • Compare at Markup = 2.0


Example Values

  • Fixed Markup (low cost range): $5.00

  • Compare at Markup (fixed): $10.00

  • Multiplier Markup (mid/high range): 1.75

  • Compare at Multiplier: 2.25

  • Low-cost items (under $10) get a simple fixed markup.

  • Mid-range items (up to $29.99) use multipliers to scale prices.

  • Higher-cost items can use larger multipliers to maintain margins while still showing customer savings.

Tip: Always double-check that your ranges cover all possible costs. If an item falls outside of any defined range, MEM will automatically revert to global pricing rules.


What Happens if Price is out of Range?

If a product’s cost does not fall into any of your advanced rules, the system will default to your global pricing rules for calculations.


Instructional Video


Additional Resources

For more details on pricing rules:

Did this answer your question?