--- schema_version: "1" id: 2f0eab7a147c1350134a4f60537694660d255631cb2e5f581da9825f2761e0e5 title: Offer Pricing for Product Designer collection: admin version: current locale: en-us portal_url: https://docs.salesforce.com/admin/current/en-us/ind/264-0-0/comms_offer_pricing_for_product_designer.md canonical_url: https://help.salesforce.com/s/articleView?id=ind.comms_offer_pricing_for_product_designer.htm&release=264.0.0&type=5 source_site: help.salesforce.com content_type: documentation content_hash: b732674589c2afb40988ca763d4d2e91ce96dea567fa499bd461a3768999d695 description: You can price products and promotions according to your business requirements. You can also adjust prices (by a percentage or amount) or override prices (set new prices) for products. products: - Communications - Media - Energy and Utilities release: "264" --- # Offer Pricing for Product Designer You can price products and promotions according to your business requirements. You can also adjust prices (by a percentage or amount) or override prices (set new prices) for products. The EPC pricing solution includes the following benefits: - Reusability — A component-oriented system with reusable items that are independent of products. - Pricing types — Categories of pricing such as penalties, charges, and adjustments to existing charges. - Frequency — Settings that determine the frequency of the charge. - Updates — Transition from previous prices to updated prices for less expense and disruption. Using the pricing capabilities, you can have customized pricing: - Adjust or override a price without changing the base price. - Offer customers the option of paying with loyalty points. - Change the price of a product automatically over time. - Customize the pricing process by adding steps, such as a step to accommodate tax calculation. - Automatically reprice products, draft items in the cart, and assets. - Set up [usage pricing](https://help.salesforce.com/s/articleView?id=ind.comms_enable_usage_pricing_for_industries_cpq.htm&release=264.0.0&type=5 "Before you start using the Multi-Site Quote and Order Capture feature, you must enable usage pricing."), which lets you charge for usage quantities over units of time, such as kWh. ![Note](https://sf-zdocs-cdn-prod.zoominsoftware.com/tdta-ind-comms_media_energy_managed-264-0-0-production-enus/ff4079f6-a384-475c-b863-578bbbb0ef9b/images/icon_note.png) Note You must create pricing elements in the Vlocity Product Console, including price lists, pricing plans, time plans and policies, promotions, and discounts. Then, in Vlocity Product Designer, you can set the pricing, promotions, and discounts for standalone and bundled offerings. ## Pricing Components Use pricing components to define the price aspects and assign them to the offering. This is the process of creating a price list entry (PLE). For a product to appear in the Industries Cart's Products list, it must have all the following settings: - An assigned, effective price - An active status - An effective date ## Pricing Strategies for Product Bundles A product bundle contains one or more child products. The prices of all child products always roll up into the total price for the bundle. The overall bundle pricing can be accomplished in different ways: - The parent product has a price other than zero. The parent product price is added to the child product price. - The parent product has a price of zero. The final bundle price is the total of the price of the child products. For example, the parent product of the bundle can be priced at $49.99. It is combined with the child products to make up the total price. When bundles contain optional products, the display text might show the total price if all the products are purchased. However, unless all products are added to the cart, the price in the Products list in the cart won’t match what you see in the cart. You can change the display text to indicate a range or a starting price for these types of bundles. Use the two following means to change the price of a child product in a bundle without changing the base price: - Adjustments — Percentages or amounts that reduce or increase the base price. - Overrides — Amounts that replace the base price Adjustments use the base price to calculate the new price. Overrides do not use any calculations. Overrides simply replace the base price. When you create an adjustment or an override to a product's base price, you create a price list entry that is stored in the same price list as the base price. As a result, the system displays a message that multiple price list entries are in the price list for this product. When you create product adjustments and overrides for child products, you do so in the product's Structure tab. ## Price Adjustments and Overrides You can adjust or override a product’s price without changing the price itself. You can make adjustments in the following contexts: - Manual adjustments - Product bundles - Promotional adjustments ## Pricing Adjustments Using Product Bundles When designing product bundles, you can add products to the bundle and then change their prices when they appear in that context. This is done at design-time using the Vlocity Product Console. When you create an adjustment, you can adjust the price by a percentage or by an amount. Adjustments use the base price to calculate the final product price. For more information, see Adjusting the Base Price for a Product in a Bundle. Overriding the base price doesn't require the base price for calculation. It replaces the base price. The base price, however, remains unchanged. ## Recording Adjustments For any order, quote, opportunity or asset, you can review adjustments or overrides made to each line item's price in Order Pricing, Quote Pricing, Opportunity Pricing, and Account Pricing records. The adjustments that are recorded could be the result of an applied promotion, a manual adjustment made by an agent, or an adjustment or override made in the context of a product bundle. ## Managing Simple Product Pricing You can select an existing price list, parent or child, and create one-time and recurring charges as absolute amounts. You can also update or delete a price list. Vlocity Product Console automatically detects pricing variables. If multiple pricing variables are found, then you can choose. From the Vlocity Product Console, you can search for and select qualification context rules. Base prices appear in order of descending effective start date. You can use custom filters to search rows in the pricing list. ## Product Cost You can edit or delete the (PriceListEntry) row in the Prices table using the Cost table Delete/Edit icon. The delete action also removes the row from the table. You can also delete adjustments from Promotions and Offers. - **[Define Pricing for Offers in the Product Designer](https://help.salesforce.com/s/articleView?id=ind.comms_define_pricing_for_offers_in_the_product_designer.htm&release=264.0.0&type=5)** You can define price and cost, create promotions and offers, and apply adjustments and overrides. - **[Add a Price in the Product Designer](https://help.salesforce.com/s/articleView?id=ind.comms_adding_a_price.htm&release=264.0.0&type=5)** This section shows product prices. In the Price table: - **[Add Promotions and Offers in the Product Designer](https://help.salesforce.com/s/articleView?id=ind.comms_adding_promotions_and_offers.htm&release=264.0.0&type=5)** This section shows the promotions and offers for product pricing. In the Promotions and Offers table, you can: - **[Add a Cost in the Product Designer](https://help.salesforce.com/s/articleView?id=ind.comms_adding_a_cost.htm&release=264.0.0&type=5)** This section shows the product costs. In the Cost table, you can: - **[Assign Context Rules in the Product Designer](https://help.salesforce.com/s/articleView?id=ind.comms_assigning_context_rules.htm&release=264.0.0&type=5)** To assign a context rule to a promotion, offers, prices, or cost: - **[Offer-Based Adjustments and Overrides in the Product Designer](https://help.salesforce.com/s/articleView?id=ind.comms_offer_based_adjustments_and_overrides.htm&release=264.0.0&type=5)** You can add, update, or delete an offer-based adjustment or an override for a simple product in the context of its parent or parent hierarchy.