Wholesale price is the price at which a product is sold to retailers, distributors, or other businesses who then sell the product to end consumers.
Dizlog Wholesale feature is available under Goods and F&B Services.
Wholesale prices are usually negotiated between the supplier or manufacturer and the purchaser and can vary depending on the volume of the order, the quality of the product, and the level of demand in the market.
Setting the right wholesale price is important for businesses as it can affect their profit margins, sales volume, and competitiveness in the market. A price that is too high may deter potential buyers and reduce sales volume, while a price that is too low may reduce profit margins and make it difficult to sustain the business.
How to Setup Wholesale Prices in Inventory and Use Wholesale Price During Checkout?
How to Setup Wholesale Prices
From left panel go to Inventory / Catalog and Click Product / Services.
Create an item with wholesale price by clicking +Add items.
click Add item/Service.
Upon item creation from Sales information tab enter a Wholesale price.
Click Save.
Use Wholesale Price During Checkout
Go to POS and click Sales
Select Register to open and click Continue To Catalog
From Catalog page click Quick Sale to select wholesale.
All items in Catalog that have a Wholesale Price will show a Wholesale word indicator.
When Wholesale is selected the price of the item will change from Retail Price to Wholesale Price.
Proceed to checkout with Wholesale Price
From Homepage Inventory / Catalog
Tap Add New Item / Service
Tap Add Item / Service
Fill out all required fields to add an item.
Enter Wholesale Price under Pricing Tab.
Overall, wholesale price is a key factor in the pricing strategy of businesses and needs to be carefully considered to ensure profitability and competitiveness in the market