The term "price groups" refers to the structured categorization of products, services, or customer segments into defined pricing schemes within business software. The goal is to implement pricing strategies efficiently, reflect customer-specific price levels, and automate price calculations—especially in ERP systems, inventory management software, or e-commerce platforms.
Definition of price groups: Creation and management of various pricing categories (e.g., end customers, wholesalers, VIP clients).
Assignment of customers to price groups: Automatic or manual allocation of customer profiles to the appropriate group.
Quantity-based tiered pricing: Setting volume discounts per group (e.g., "from 10 units").
Validity periods: Defining time-limited pricing rules within a group.
Special prices and discounts: Managing custom promotional prices or group-specific discounts.
Multi-currency support: Setting price group-specific prices in various currencies.
Integration with sales systems: Automatic price determination in quotes, orders, and invoices based on the assigned price group.
Reporting and analysis: Generating reports on revenue and margin per price group to refine pricing strategy.
A wholesaler offers different price groups with tiered discounts for retail customers and resellers.
A software provider grants educational institutions special rates via a dedicated price group.
An online store automatically assigns premium customers to a VIP group with exclusive offers.
A manufacturer sets up separate price groups for domestic and international markets—including currency adjustments.
An ERP system determines the correct price during order entry based on the customer's price group assignment.
