How does Price per inventory work?

Updated 1 month ago

The Price per Inventory option allows you to set a different price for each inventory within a single product. One of the most powerful features ATUM brings to the market is that it gives unlimited possibilities to stores.

Let's see some examples.

EXAMPLE 1 - Different regular prices

You have a product in your store on restock status, and you need to buy a new lot, but the purchase price is higher than the existing one.

With ATUM Multi-Inventory you can create a product with two different inventories and set the price for each one. For example, you can create two inventories with the following data:

Inventory 1 (existing)

  • Priority order: 0
  • Stock Quantity: 10
  • Regular Price: £30

Inventory 2 (new)

  • Priority order: 1
  • Stock Quantity: 100
  • Regular Price: £40

With this set up the product will be displayed In Stock with 110 units available in the shop, and a prices range of 30-40 will show. About the selling priority, Inventory 1 will sell first.

If a user wants to buy 20 units of this product, Inventory 1 will be empty and will need to use ten units from Inventory 2. Stock from both inventories will create the cart with the appropriate price: 10 units to £30 (from Inventory 1) and 10 units to £40 (from Inventory 2).


EXAMPLE 2 - Different sale prices

You have a sale product in your store, and you want to create a new promo to sell the first ten units with a special discount.

With ATUM Multi-Inventory you can create a product with two different inventories and set the sale price for each one. For example, you can promote two inventories with the following data:

Inventory 1 (Special Discount)

  • Priority order: 0
  • Stock Quantity: 10
  • Regular Price: £30
  • Sale Price: £20

Inventory 2 (Normal Discount)

  • Priority order: 1
  • Stock Quantity: 100
  • Regular Price: £40
  • Sale Price: £30

With this set up the product will be displayed In Stock with 110 units available in the shop, and both sale prices will show. According to the selling priority, Inventory 1 will sell first.

If a user wants to buy 20 units of this product, Inventory 1 will be empty and will need to use ten units from Inventory 2. Then both stocks will be added to the cart at the appropriate price: 10 units to £20 (from Inventory 1) and 10 units to £30 (from Inventory 2).


EXAMPLE 3 - Different prices for different countries

You have a product in your store, and you want to sell it in different countries with a different price for each one.

With ATUM Multi-Inventory you can create a product with different inventories and set the price for each one. For example, you can create two inventories with the following data:

To do this setup you need to enable the Country Restriction Mode.

Inventory 1 (For Spain)

  • Region: Spain
  • Stock Quantity: 100
  • Regular Price: £20

Inventory 2 (For UK)

  • Region: United Kingdom
  • Stock Quantity: 100
  • Regular Price: £30

With this setup, the product will display at a price of £20 for visitors from Spain and a price of £30 for visitors from the UK.

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