On Ordentic, you can use two pricing structures: volume-based pricing and Sell in multiples. This article explains both structures.
To set a pricing structure for a product, open your supplier account and navigate to Listings. Here, click on Manage listing for the relevant product. A modal will open with the configuration of your listing, including pricing.
Volume-based pricing
This pricing structure uses a typical volume discount structure. Using this method, you allow customers to buy any quantity they would like. In this pricing method, you must provide at least one price with a minimum quantity of one.
Naturally, you do not have to provide multiple prices. If you just want a single price per unit, you only set one pricing row with a minimum quantity of one.
Let's look at an example below, where three prices have been created for the listing.
Because this is Volume-based pricing, customers can buy any quantity. Customers buying any quantity from 1 to 9 will pay 2.50 per unit. Customers buying any quantity from 10 to 629 will pay 2.00 per unit. Customers buying any quantity from 630 units and above will pay 1.80 per unit. Below are some more examples.
Units purchased | Price per unit | Total price |
1 | 1 x 2.50 | 2.50 |
5 | 5 x 2.50 | 12.50 |
10 | 10 x 2.00 | 20.00 |
300 | 300 x 2.00 | 600.00 |
630 | 630 x 1.80 | 1134.00 |
1200 | 1200 x 1.80 | 2160.00 |
Sell in multiples
Contrary to Volume-based pricing, Sell in multiples is much more strict in how many units a customer can purchase. Instead of being able to buy anywhere in between the provided quantities, customers must buy the exact quantities you provide, or multiples of this. Let's look at an example below.
In this example, two prices have been set with quantities of 10 and 630. This means that customers can only buy multiples of 10 and multiples of 630. A customer cannot buy a single unit in this structure.
Customers can mix across these multiples, meaning that the final price might comprise of multiple unit prices. For example, when a customer buys 650 units, the customer will pay 630 x 1.80 and 20 x 2.00. There are more examples of this below.
Units purchased | Price per unit | Total price |
10 | 10 x 2.00 | 20.00 |
20 | 20 x 2.00 | 40.00 |
630 | 630 x 1.80 | 1134.00 |
900 | 630 x 1.80 | 1674.00 |
1260 | 1260 x 1.80 | 2268.00 |
Comparison
Let's investigate how these two pricing strategies differ from each other.
Description | Volume-based pricing | Sell in multiples |
Requires at least one minimum quantity of one | Yes | No |
Allows customers to choose any quantity | Yes | No, restricted to the multiples |
Prices must decrease as quantity increases | Yes | Yes |
The final price can be a mix of multiple tiers | No, the final unit price is the lowest price that corresponds with the minimum quantity set. | Yes, multiple tiers are mixed to create the final price |
Imports and APIs
Aside from using the supplier portal to update your pricing one listing at a time, you can also do so in bulk by using an import, which you can perform either via the supplier portal or the API.
To do this, you use the listingType column. If you want to use Volume-based pricing, you provide "Volume" in this column. If you want to use the Sell in multiples structure, you provide "Tiered" in this column.
Updating vs. creating listings in bulk
The listingType column is optional in the import. When creating new listings with the import, the listingType will default to Volume if no value is provided (i.e. Volume-based pricing).
When updating existing listings using the import, a blank value for listingType will have no consequences for your listings (i.e., this field will be ignored).
For more information on the API, please refer to the documentation, which you can reach by navigating to Integrations in your supplier account.
Frequently asked questions
I want a single pricing structure with a fixed price per unit. How do I achieve this?
You can use either Volume-based pricing or Sell in multiples with a single price. You enter 1 as the quantity and set the price you want.When using a single price with a quantity of one, does it matter whether I use Volume-based pricing or Sell in multiples?
No, the outcome will be the same.I want to sell in multiples, but also allow the customer to buy a single unit. Is this possible?
Yes, this is possible. To do this, you use the Sell in multiples pricing structure. You add all the multiples you want, as well as a price with a quantity of one.Can I set different reference numbers for my multiples?
At this time, it is not possible to set a different reference number for multiples. If this is something you would like to see, please request this feature. You can do this by clicking the question mark in the top right of your screen (when signed in with your supplier account).Are there any other pricing structures?
At the moment, these are the only two pricing structures. If you would like to see any other pricing structures, please request this as a feature. You can do this by clicking the question mark in the top right of your screen (when signed in with your supplier account).