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Volume discounts

Last updated: 29-Feb-2024
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Overview

Use Volume discounts to incentivize shoppers to purchase your products in large quantities/number of units. Set a different price per unit based on the total purchased quantity.

Volume discounts impact the unit price applied by the platform for Channel Manager and resellers if you (vendor) use the products in both channels.
 

Example:

Quantity interval Cost per unit
1 to 100 $59
101 to 500 $49
501  and more $39

For this example, a shopper purchasing 55 units would pay 55*59= $3,245. Another, purchasing a quantity of 600 would pay 600*39= $23,400.

Availability

All 2Checkout accounts.

Requirements

Create at least a product/subscription plan before defining pricing. 

Type 

  • Net: without taxes - 2Checkout applies extra taxes to the default price, such as Tax/VAT for US/EU orders during the ordering process. 
  • Gross: with taxes included - 2Checkout takes the taxes out of the costs paid by shoppers, without modifying the price during the ordering process. 

Currency 

When defining product prices you can:

  1. Configure the price only for the default currency - 2Checkout converts amounts in the cart based on the currency selected by/for shoppers. Currency rates are available here: https://secure.2checkout.com/content/...p?CURRENCY=USD

    This is an XML schema with the corresponding values for the other currencies compared to the one supplied in the CURRENCY query parameter.

  2. Specify prices in all currencies available for your account - 2Checkout serves shoppers the prices for all the currencies you set up without converting the amounts. 

Setup

Set volume discounts under the Pricing tab when editing or first configuring products. 

  • Products with dynamic pricing (with base price):
    1. Define your first quantity interval and click save. The initial discounted price per unit is the same as the default price; changes as needed for at least the default currency or for all currencies available for your account.
    2. Click the Add new volume discount link, define the interval, the discounted price per unit, and click Add interval.
    3. Repeat as needed. 
  • Static pricing (without base price)
    1. ​Create as many unit intervals for purchase volume discounts as you need and save the configuration. 
    2. Define prices for each possible option available to your shoppers in the Prices area. 

Limitations

Volumes not defined are not available for purchase to your shoppers. For example, if you define two intervals, 1 to 100 and 102 to 1,000, your shoppers will not be able to purchase 101 units or 1,200 units. 

 

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