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Defining pricing information via Price Parts
Defining pricing information via Price Parts
Updated over a week ago

NOTE - The new Bundle and Product Group feature is more powerful than price parts, with abilities like more accurate takeoffs, more accessible profit estimates, and reusable options.

Price Parts - Advanced Pricing

Price Parts are a way to use ArcSite to capture any advanced pricing options within the base price or to capture all the component costs of a product.

You can add any number of Price Parts together and the total cost of your product is calculated by the sum of the Parts.

Combining Multiple Price Parts

You can combine multiple parts if the total cost of your product consists of multiple sub-products or services, and the price of each of the sub-items is defined and/or calculated separately. Some examples might be:

  • A Door consisting of a Panel part and a Handle part

  • A Sump Pump System that contains a Pump, a Basin, and a Lid

  • Any product that requires extra work for removing an existing version or requires digging to put the product in place.

If any of those examples relate to your product, you’ll need to create a Price Part section for each part within that Product.

Creating a Price Part with Multiple Options

For a given Price Part, you may want to provide different options to your customers,. In this case, you will need to add multiple Price Part Options under that single Price Part.

In this scenario, the end-user would only be able to select only one of the options.

An example here could be that for a specific piece of equipment, the client could choose from a number of different motors. For example a good, better, best type option.

In this case, you could create a single price part called Motor Type and have a series of options to pick from.

Motor Type

  • Motor type 1 = $200

  • Motor type 2 = $400

  • Motor type 3 = $750

Advanced Pricing Set-Up 1: Tiered & Minimum Pricing

For each product or Price Part, you can use simple price calculations, or go into more detail with advanced pricing options. Our advanced pricing options include tiered pricing, minimum pricing, custom quantities, and quantity modifiers.

Price Calculations

Tiered – For products that have different costs based on the amount added.

Minimum – For products that need a base minimum cost until a certain range/amount

Advanced Pricing Set-Up 2: Custom Quantities

Summary

There may be times when you need to alter the quantity that a Product uses to be priced. Examples of this include needing to charge a product by hours or days, or pricing a Shape-based product by the linear foot.

These situations utilize a feature called Custom Quantities.

Setting a Custom Quantity Price

  1. Start the Product creation process

  2. Under the Pricing option, tap on the Price Parts link

  3. On the Price Parts dialog, tap the Advanced button

  4. On the Price Option Detail, toggle the Custom Quantity checkbox to make the field enabled

  5. Choose a custom option

  6. Finalize

Advanced Pricing Set-Up 3: Quantity Modifiers

Summary

When adding Pricing in ArcSite there are several advanced pricing options to further customize how you'd like your pricing to calculate. ArcSite can accommodate tiered pricing structures and minimum pricing.

Tiered Pricing

You can use Tiered pricing when depending on the price of the product depends on the quantity of the product.

There are two types of Tiered Pricing available.

Multiply

In this mode, you have prices that match certain quantity ranges (length, areas). Whatever range the total amount falls into, determines the cost charged for the amount.

An example might be a linear-based service that cost

  1. $4 per ft. if the total is under 10 ft.

  2. $3.50 if over 10 ft.

Then

  • 9 ft = $36 (4 x 9)

  • 11 ft (3.5 x 11)= $38.5

Add Up

In this mode, each of the quantity ranges gets charged at their indicated price, and then they are added together, using the same example from above.

  1. $4 per ft. if the total is under 10 ft.

  2. $3.50 if over 10 ft.

Then

  • 9 ft = $36 ($4 x 9ft)

  • 11 ft ($4 x 10ft and $3.5 x 1 ft)= $43.50

Setting Up the Tiered Pricing

  1. Start the Product creation process

  2. Under the Pricing option, tap on the Price Parts link

  3. On the Price Parts dialog, tap the Advanced button

  4. On the Price Option Detail, toggle the Tiered Pricing checkbox to make the field enabled

  5. Choose either the Multiply or Add Up option

  6. Define at least one range and its associated price

  7. Tap + New Row to add an additional range

  8. The last row is required to determine the price of anything above the final range

Minimum Price

You can set a minimum cost for either a single line item or for an entire project. The minimum cost will apply until exceeded, at which point your other pre-defined pricing will come into effect.

Setting a Minimum Price

  1. Start the Product creation process

  2. Under the Pricing option, tap on the Price Parts link

  3. On the Price Parts dialog, tap the Advanced button

  4. On the Price Option Detail, toggle the Minimum Price checkbox to make the field enabled

  5. Enter a minimum price

  6. Finalize

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