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Product Group Price Setup
The display of group prices in the store follows the general logic used for Magento pricing. If, in addition to the regular price, a product has promotional price(s), the lowest price appears in the storefront. If a product custom option has price set as a percentage, then the lowest promotional price is used as base for the calculation. The same logic applies when the associated products (the options) of a configurable product have prices set as a percentage.
The following table illustrates how the minimum promotional price logic is implemented. The table provides several examples, but it is not an exhaustive list of possible combinations.
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Promotional Pricing Admin Price
Storefront PRICE
Price = $4
Special Price = $5
Tier Price = $3
For customers from the tier price group(s): $ 4
As low as: $3
For customers from other groups: $4
Price = $5
Special Price = $3
Tier Price = $4
For all customers:
Regular Price: $5
Special Price: $3
Price = $5
Special Price = $3
Tier Price = $4
Price after a catalog price rule applied = $2
For customers from the catalog price rule group:
Regular Price: $5Special Price: $2
For customers from other groups:
Regular Price: $5Special Price: $3
Price = $5
Special Price = $4
Group Price = $3For customers from the price group:
Regular Price: $5Special Price: $3
For customers from other groups:
Regular Price: $5Special Price: $4
Important! When a group price is set for a product, the catalog price rules for the corresponding customer groups are applied to the group price, not to the regular price.
To set up a group price for a product:
1. | On the Admin menu, select Catalog > Manage Products. Then in the list, click to open the product in edit mode. |
2. | In the panel on the left, click Prices. Then, do the following: |
a. | In the Group Price field, click the Add Group Price button. |
b. | Select the target Customer Group and enter the product Price for the group. The Website column defines the scope of the Group Price field. |
3. | When complete, click the Save button. |