Oberlo: How To Use Global Pricing Rules || Shopify Help Center 2019

Oberlo: How To Use Global Pricing Rules || Shopify Help Center 2019


This video shows how to use the Global Pricing
Rules feature that lets you set prices for all products at once. To start, go to the “Settings” page in
your Oberlo dashboard. Then click “Global Pricing Rules”. When you determine your product prices, you
should take into consideration the original product cost, potential shipping cost, and
other costs such as marketing expenses or additional apps to improve your store functionality. Considering these costs helps you set the
price margins more accurately, meaning you’re more likely to make a profit from a sale. Using Global Pricing Rules, you can use one
of two possible pricing methods: “Multiplier” or “Fixed Markup”. If you select the “Multiplier” method,
then, all suppliers’ product prices are multiplied by the specific number you input. For example, if the product costs $5.00 in
the supplier’s store, and you set the multiplier to 3, then the product price is set at $15.00
in your Shopify store. If you use the “Fixed Markup” pricing
method, then all suppliers’ product prices are increased by the exact amount you input. For instance, if the product costs $5.00 in
the supplier’s store and you set the fixed markup to 3, then the product price is set
at $8.00 in your Shopify store. The “Compared at price” feature helps
you to create a sale price for your products. To activate this feature, toggle the setting
on, select multiplier or fixed markup like you did previously, and type in the desired
value. Take note, that the set “Your product compared
at price” value has to be higher than the “Your product price” setting value in order
for the sale to be displayed properly. For example, if the product costs $10.00 at
the supplier’s store, and you set the “Your product price” multiplier to 3 and the “Your
product compared at price” multiplier to 6, then the price is set to $30.00 in your Shopify
store. The old product price is shown at $60.00 and
is crossed out to show the sale. Oberlo has another great feature called “Advanced
pricing rules”, which allows you to set multipliers or markups for specific product
cost ranges. Use the same steps as outlined previously
to define the settings for different price ranges. This allows you to keep tighter margins and
it is especially useful if you have a wide range of product prices in your store. Finally, the “Assign Cents” feature can
be used if you want to round the product prices. For example, if the product costs $10.00 at
the supplier’s store, with the global pricing rules multiplier set to 3, compared at price
set to 6, and assign cents set to 90, then the product price is set at $30.90 in your
Shopify store. After you make changes on this page, be sure
to save the adjusted settings by clicking the green “Save settings” button in the
top right corner. These settings are only applied to any new
products imported after you’ve saved the pricing rules. To apply the changes to all existing products
in the Import List and Shopify store, you must click the “Apply pricing rules to existing
products” button. From the pop-up, choose your preferences and
confirm the request. Depending on how many products you have, the
price updates may take some time. Feel free to tackle another task or work on
other aspects of your store since this will not stop the updating process. Check out the next video to learn how to fulfill
AliExpress product orders. Be sure to subscribe to the Shopify Help Center
YouTube channel for more videos like this one!

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