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Leveraging the Power of Global Pricing Rules at My Easy Monogram

Global Pricing Rules at My Easy Monogram streamline price adjustments, enhance profit control, and adapt to market trends effortlessly.

Brad Ferch avatar
Written by Brad Ferch
Updated over 3 weeks ago

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Overview

In today’s fast-paced e-commerce world, having flexibility and control over pricing gives you a competitive edge. My Easy Monogram (MEM) offers Global Pricing Rules as a powerful tool to streamline pricing across all your products.

⚠️ Note: Using Global Pricing Rules is optional. This feature is designed to help you save time and increase consistency, but you can still manage product prices manually if preferred.


Why Use Global Pricing Rules?

  1. Seamless Price Adjustments
    Batch adjust prices for your entire product catalog with just a few clicks — no more manual edits on each product.

  2. Enhanced Profit Margin Control
    Use either a fixed markup or a multiplier to ensure competitive pricing while protecting your margins.

  3. Dynamic “Compare At” Pricing
    Automatically set “Compare At” (MSRP) prices to highlight customer savings and boost conversions.

  4. Adaptability to Market Trends
    Respond quickly to seasonal demand, competitor changes, or promotional campaigns by adjusting all products at once.


How It Works

Global Pricing Rules apply automatically when you import or update products from MEM. You can set rules by:

  • Markup by Multiplier: Example: 1.5x turns a $20 cost into a $30 selling price.

  • Markup by Fixed Value: Example: Add $10 to every product cost.

  • Compare At Pricing: Apply either multiplier or fixed value to show MSRP savings.

  • Cents Rounding Rule: Round final prices to a consistent ending (e.g., .99).

👉 For full setup instructions, see:


Example Pricing Adjustments

Product Cost

Markup Type

Rule Applied

Final Price

Compare At

Displayed Savings

$20

Multiplier

1.5x

$30.00

$40.00 (2.0x)

$10.00

$50

Fixed Value

+$15

$65.00

$75.00 (+$25)

$10.00

$12.50

Multiplier

2.0x

$25.00

$30.00 (2.4x)

$5.00


Tips & Best Practices

  • Always test rules before applying them storewide.

  • ✅ Use cents rounding (e.g., .99) for consistent and customer-friendly pricing.

  • ✅ Regularly review margins to ensure profitability as costs change.

  • ⚠️ Never leave markup fields blank or set them to “0” — this will cause errors.

  • ⚡ Pair global pricing with manual edits for best sellers or seasonal products.


Additional Resources


Summary

Global Pricing Rules aren’t just a convenience — they’re a strategic tool for managing your entire product catalog with ease. By leveraging this feature, you’ll save time, maintain consistent margins, and quickly adapt to market changes.

With MEM, your pricing strategy becomes proactive, responsive, and scalable.

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