Apply your learning

Use your understanding of Prices in Composable Commerce to help a home appliances online retailer setup their new online store.

  • After completing this page, you should be able to:

    • Select the right type of Pricing option for the home appliances retailer.
  • The Appliance Alchemists

    The Appliance Alchemists is an international retailer that sells home appliances such as refrigerators, washing machines, and dishwashers. They have hundreds of stores across the globe, and a number of country-specific tiered loyalty programs. The Appliance Alchemists have recently switched to Composable Commerce for their ecommerce infrastructure and are now in the process of setting up pricing for their products.

    They have three product classifications: standard, premium, and custom.

    • Standard products are their most frequently sold items and have fixed prices across all Channels and Customer Groups. For example, they sell a basic refrigerator for $500 on their website, mobile app, and physical stores, regardless of the customer’s location or loyalty status.

    • Premium products are items that sell at a higher margin and have different prices depending on the Channel (used here to represent individual stores) and Customer Group (used here to represent membership tiers). For example, they sell a smart washing machine for $1000 in their US store, €900 in their Spanish store, and AU$1500 in their Australian store. However, Australian customers who have a gold or silver membership can purchase the same item for a reduced price of AU$1300 and AU$1400 respectively.

    • Custom products are items that they create on demand for specific customers and have dynamic prices based on the product specifications and external factors such as market demand and supply. For example, they sell a dishwasher that can be customized with different colors, sizes, and features. The price is calculated based on the customer’s choices and the availability of the materials.

    As the ecommerce administrator, you need to decide which pricing option to use for each type of product. You also need to consider the integration effort and cost involved in each option.

    Apply your learning

    Review

    Great job at finishing the Pricing Setup module. There were a lot of new concepts presented here and it is a fantastic effort to get to this point!

    Where to next? Well, there were a lot of links in the module to Composable Commerce documentation resources, which you may have skipped over. We would recommend reviewing these if you haven't already. We have collected all of the links we covered in the module in the section below for you. You don't have to read all of these now, but it would be good to bookmark them and come back to it later.

    Documentation references

    Next module

    If you're all up to speed with the above material, then we'd love to see you in the next module! Click the link below and let's continue with learning how to administer Composable Commerce!