What this means
The Pricing section contains the amount a customer pays and a few optional amounts used for discounts, reports, rentals, or price comparisons.
Price
This is the normal selling price of one item. If the page says Prices are GST exclusive, enter the price before GST.
Sale price
This is the temporary or reduced selling price. When it is filled, Upstorr uses it instead of Price when the product is sold.
For example, enter ₹1,000 in Price and ₹800 in Sale price when an item normally costs ₹1,000 but is currently sold for ₹800.
Cost per item
This is what one item costs your business. Customers do not see it. Upstorr uses it to show estimated Profit and Margin in the product editor.
For example, if your selling price is ₹1,000 and your cost is ₹600, the editor shows an estimated profit of ₹400 and a margin of 40%.
Replacement value
This is used only for physical products involved in rental loss or damage claims. It is not added to the customer’s checkout total.
For example, a lehenga rents for ₹2,000 but costs ₹12,000 to replace. Enter ₹2,000 as the selling price and ₹12,000 as the replacement value.
Unit price and Base measure
These fields explain a price using a standard weight. They are useful when customers need to compare products of different sizes.
For example, enter ₹120 as Unit price and 100 g as Base measure to show “₹120 per 100 g”. The normal Price or Sale price remains the amount charged at checkout.
Simple example
You sell a 500 g packet of tea for ₹450 during a sale. Its normal price is ₹500 and it costs your business ₹280.
- Price: ₹500
- Sale price: ₹450
- Cost per item: ₹280
- Unit price: ₹90
- Base measure: 100 g
The customer pays ₹450 before any applicable GST. Upstorr can show that the tea works out to ₹90 per 100 g, while the cost remains private.
What you need to know
- Use + Sale Price, + Cost Price, or + Unit price to reveal an optional field.
- A base measure is required when you enter a unit price, and it must be greater than zero.
- Replacement value accepts up to two decimal places and is available only for physical products.
- When a product has variants, price, sale price, cost price, and replacement value are entered separately for each variant.
- Profit is calculated as price minus cost. Margin is that profit shown as a percentage of the price.
- Empty optional pricing fields do not add a charge.