Buydowns

Buydowns

Buydowns – This enables you to schedule either a Buydown or Promotional discount on items. Both types function the same.

A Buydown is a reduction of an item’s retail price derived from a reduction of the item’s cost from the supplier, vendor or manufacturer. These cost reductions are dependent on either a set quantity and/or date range.

A Promotion is a reduction of an item’s retail price for the purpose of eliminating stock or driving product interest.

Examples of this would be:

1. The next 50 sold of a certain item are $1.00 off
2. An item, or group of items, is $1.00 off for a period of a specific 2 weeks.
3. An item, or group of items, is $1.00 for the next 50 sold or next 2 weeks, whichever is completed first

1. In the Pricebook module, click on the “Buydowns” Tab.
   
   
   
   
2. This will bring up the “Buydowns” utility.
   
   
   
   This utility is separated into three sections; Buydowns/Promo List, Buydowns/Promo Details and Associated Items List.
   
   
   
   
   
   
   
   
   
3. To create a new Buydown/Promo, click the “Add/Plus” button.
   
   
   
   
4. In the Detail section, first decide if this is to be a Buydown or a Promotion.
   
   
   
   When choosing if this is to be a Buydown or Promo remember, both types operate the same. However, the ability to label a type will assist in record and book keeping.
   
5. Now, begin entering any pertinent information for this Buydown/Promo.
   
6. Choose the applicable Buydown/Promo Style.
   
   
   
   
7. If you are utilizing a Date Range, enter the Start/End dates and times this Buydown/Promo will function.
   
   
   
   These dates can be edited at any time allowing you to reuse Buydowns/Promos!
8. Once all descriptive details for this Buydown/Promo have been entered, press the “Save” button.
   
   
   
   If you are using a By Range setting, enter the Start/End date this Buydown/Promo will honor. When the End Date is reached, no more items will honor this price reduction.
   If a Quantity with Date Range is being utilized, the Buydown/Promo will run until either the Quantity or Date is reached, whichever comes first.
   

Items will now have to be set to this Buydown/Promo

Items can also be added to Buydowns/Promos via Mass Updates!

1. Press the “Add Items To Buydown” button.
   
   
   
   
2. This will bring up the “Buydowns” utility.
   
   
   
   This utility is separated into three sections; Buydowns/Promo List, Buydowns/Promo Details and Associated Items List.
   
   
   
   
3. To add items to a Buydown/Promo, first filter to the item(s) you wish to add. This can be accomplished by either Department or Tree View.
   
   
   
   All items must be designated to a Department, however, using the Tree View with categorized descriptions makes filtering especially simple. This process is similar to assigning Buydowns/Promos via Mass Updates.
4. Filtered items will appear in the “Available Items” List screen.
   
   
   
   From this list, highlight applicable items you wish to add to this Buydown/Promo.
   Remember, holding the Ctrl Button while performing Mouse Clicks will allow you to highlight multiple items!
5. Once items have been highlighted, press the “Add Selected Items” button.
   
   
   
   Add All Items – This will add all items contained in the filter list.
   Add Items That Start With – Type in a UPC or Description and items from the filter list fitting this will be added.
   Find UPC – Enter a UPC and the item will be located in the filter list.
   Find Description – Enter a description and items meeting this will be located in the filter list.
6. Added items will appear in the “Items In Selected Buydown” section.
   
   
   
   
7. When all applicable items have been added, press the Close/X button located in the top right corner of the Add Items screen.