New Software Features & Updates

New Feature: Adjust Price Floors for Your Brands

Your Shop Local Store has a new feature: You can now adjust the price floors for your brands. The price floor feature helps your business avoid making a sale to a general public customer that is not profitable and/or that does not meet minimum reorder amounts from the brand.

Previously, all Syncing Brands had the same price floor level, and all non-Syncing Brands had the same price floor level. With this update, your store can update an individual price floor level for each brand you sell.

Please follow these steps to access this feature:

1. Log in to your Shop Local account.
2. At the top of your page, click Management to open your Management Home page.
3. On the Management Home page, under My Brands & Products, click Manage My Account's Brands.
4. At the top of the Brand Manager page, click Price Floors.
5. On the Brand Price Floors page, you'll see a table with all of your store's brands. In the Price Floor column, you'll see the price floor that is currently set for a brand. 
6. To edit the price floor for a brand, click the pencil 'Edit' icon in the Price Floor column. A modal will appear.
7. In the modal, use the drop-down to select an amount for the price floor. The options in the drop-down are:
   • This brand uses a price floor set at store level
   • None ~ allow all purchases
   • $10
   • $25
   • $50
   • $75
   • $100
   • $150
   • $200
   • $250
   • $300
   • $400
   • $500
8. Click Save to save the price floor for that brand.
9. Repeat the steps above for each brand that you wish to set a price floor for.

Tags:
new feature price floor brand settings my brands

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