Set Pricing Rules for Your Store

Easily set pricing rules to streamline product pricing and boost efficiency with HyperSKU.

Setting the right price for your products is crucial. HyperSKU’s pricing tool helps you set your selling price, including MSRP, for multiple products at once so you can focus more on growing your business. Here's how:

After logging into your HyperSKU account, go to ‘Settings’, then click ‘Pricing Rules’.

1. Pricing Rules
   a) Choose between ‘Multiplier’ or ‘Fixed Markup’ rules:

   • Multiplier multiplies the original product price (what you pay). For instance, if a product costs $5.00 and you set a multiplier of 10, it will sell for $50.00 in your store.

   • Plus adds a fixed amount to the original product price. For example, a $5.00 product with a $20 markup will sell for $25.00 in your Shopify store.

   b) Apply pricing rules universally or by original price ranges:

   • Basic Pricing Rules apply the same rule across all products, regardless of price.

   • Advanced Pricing Rules allow you to set custom rules for specific price ranges.

2. Understanding ‘Compare at’ Price markup 

   The ‘Compare at’ price is a crossed-out price shown next to the actual selling price, indicating a discount. Ensure this price is always higher than the selling price.

3. Assign Cents

   For example, if the original price of a product is $10.12, and you apply a 300% markup, the price becomes $30.36. By setting an "Assign Cents" rule (e.g., XX.99), the price will adjust to $30.99.

Once set, your pricing rules will automatically apply whenever you add a product to your import list, and you can further adjust prices before uploading to your store. 

Tip: Your selling price determines your profit margin, making pricing strategy crucial to your business success.

If you have any questions or need assistance with pricing strategies, feel free to contact our support team—we’re here to help!