Pricing
Introduction
Pricing management is a critical component of the system that enables store owners to effectively set, manage, and display product prices across different currencies. Our pricing system supports both manual price definition and automatic currency conversion to provide flexibility while ensuring consistent pricing across global markets.
Pricing Models
The system supports multiple pricing models to accommodate different business needs:
Fixed Pricing
Fixed pricing allows store owners to set specific prices for each product. These prices can be imported through ONIX feeds or defined during the content creation process
Multi-Currency Pricing
Store owners can define prices in multiple currencies for each product:
- Primary currency: The main currency configured for the store
- Secondary currencies: Additional currencies that can be offered to customers
- Each product can have different prices in different currencies based on market considerations
Currency Conversion
Marketplace Content Pricing
When a store imports content from the Marketplace, our system handles currency pricing in the following ways:
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Multi-Currency Pricing
- If the marketplace content has prices already defined in multiple currencies (via ONIX ingestion or set by an administrator) in the owner store, the system will display these pre-defined prices in each available currency
- No automatic conversion is performed for currencies that already have defined prices
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Automatic Currency Conversion
- If the marketplace content only has a price defined in the primary currency, the system automatically converts this price to other supported currencies
- This conversion happens at the time content is imported from the marketplace
- Conversion rates are obtained through the fixer.io API to ensure accuracy
- The converted prices will be displayed to users browsing the store in their preferred currency
For information about which currencies are supported by different payment gateways, see Currency Support by Gateway.
Price Display
How prices are displayed to users depends on several factors:
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Store Configuration
- Primary currency: Set at the store level and used as the default display currency
- Secondary currencies: Additional currencies that users can select during browsing or checkout
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User Experience
- Users see prices in the primary currency by default
- If secondary currencies are configured, users can switch between available currencies
- The currency selector is available throughout the browsing and checkout experience
Shopping Cart IntegrationLearn more about how prices appear in the shopping cart in Shopping Cart Overview.
Price Settings
Store owners can update prices through various methods:
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Manual Settings
- Administrators can set up a default price for all publications in the store via the store sales settings
dashboard/settings/sales - Default prices can be overridden individually when uploading or editing specific publications.
- Bulk price updates for multiple products simultaneously
- Administrators can set up a default price for all publications in the store via the store sales settings
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Automated Updates
- ONIX feed updates that include new pricing information
For details on ONIX feed updates, see ONIX Intake Overview
Promotional Pricing
The system supports promotional pricing to help stores run special offers and discounts:
- Time-Based Promotions: Set promotional prices for specific date ranges
- Future Pricing: Schedule price changes and promotions in advance through ONIX feeds
- Visual Indicators: Clear display of discounts with struck-through original prices
- Accessibility: Fully accessible promotional displays across all devices
For information about scheduling future price changes and promotions, see Future Pricing and Promotions.
Subscription Pricing
The system supports different pricing models for subscription plans:
- Monthly and Annual Pricing: Configure recurring payments at different intervals
For detailed information on setting up subscription pricing, see Plans Configuration and Management.
Related Features
- Payment Gateways: Understanding how payment processors handle different currencies
- Shopping Cart: How prices are displayed and calculated during checkout
- Plans: Subscription pricing models and configurations
- Future Pricing and Promotions: Schedule price changes and time-limited promotions