4.22 - Discounts & Discount Rules

-First off you have to realize that price is a variable that you can play with, cost is fixed. Price can be manipulated. Some people choose to change prices & others choose to use discounts to “change” the price. Discounts - A visual price change.

-In line discounts: these are per line item in percentages, dollars off, or mixed. Occur per line. Huge level of control and your taxes are spot on.

-Standalone discounts: these are a new line item that just holds the discounted amount. These are more general and depending on your industry may or may not be allowed. The hard part about this one is if you have advanced tax stuff it is hard to back out all of the taxes correctly. That is why in-line discounts are more detailed on the taxes.

-There are ways of setting up discounts through corp-wide settings, campaigns, based off of customer types, can tie discounts to buttons (my cart favorites), and there are other global rules & settings being developed including date & time based discounts. (i.e. happy hour, double Tuesday’s, etc.)

-There are also settings per item that you can say include or exclude on discounts. So this can be taken out to the individual item level.

-There are also some discount calculators that deal with cart as a whole, individual lines, or just sample data so that you can figure discounts.