When it comes to the Strikethrough Price (List Price) and Sale Price, our approach is as follows:
Discussion during Kickoff:
In our initial discussions, we ask customers if they run deals. It's important to note that valid list prices are necessary for deals. If we make price increases, there's a possibility that the list price might not remain valid for deals. To ensure preparedness, we often recommend a safe increase of around 15% to the list prices during the initial stages.
Repricing Process:
During the repricing process, if we notice that the list prices are no longer valid for deals, we encourage customers to inform us promptly. This way, we can provide guidance on potential adjustments to list prices to address this concern.
Future Considerations:
Moving forward, we're exploring options for programmatically updating list prices. This could involve either automated adjustments to the list price or setting a maximum price boundary for the list price. These approaches would help maintain the validity of list prices while optimizing your pricing strategy.