The Price Adjustment feature in Tijarah360 allows you to update the cost and selling prices of products across all locations or specific ones. This tool helps ensure pricing consistency and supports dynamic pricing strategies for your business.

Steps to Adjust Prices in Tijarah360

Step 1: Access the Price Adjustment Module

1. Log in to your Tijarah360 Dashboard.
2. Navigate to Products > Price Adjustment.

Step 2: Add Products for Price Adjustment

1. Use the Search Bar to locate the product(s) you want to adjust:
   • Search using Product Name, SKU, or Box SKU.
2. The product details will appear in a table showing:
   • Product Name
   • Unit Type
   • Current Cost Price
   • Current Selling Price

Step 3: Edit Prices

1. Cost Price:

   • Update the cost price of the product if it has changed from your supplier.
   • This ensures accurate profit margin calculations.

2. Selling Price:

   • Enter the new selling price based on your pricing strategy.
   • Ensure the selling price reflects promotions, discounts, or market trends.

3. Edit Specific Location Prices:

   • If you operate in multiple locations, click on Edit Specific Location Price to adjust prices for a particular branch or region.

Step 4: Save the Changes

1. Review the updated prices for accuracy.
2. Click Update to save the changes.
3. The system will automatically apply the updated prices to the selected products.

Examples of Price Adjustments

Example 1: Increasing Prices for Seasonal Demand

• Scenario: Adjust the price of a product (e.g., cold drinks) during summer due to high demand.
• Old Selling Price: SAR 5
• New Selling Price: SAR 7
• Location: All stores
• Outcome: Updated prices reflect seasonal demand, increasing profitability.

Example 2: Lowering Prices for Clearance Sales

• Scenario: Decrease the price of a product (e.g., fashion items) for a clearance sale.
• Old Selling Price: SAR 50
• New Selling Price: SAR 30
• Location: Riyadh Store
• Outcome: Discounted prices boost sales and clear inventory.

Benefits of Price Adjustment in Tijarah360

1. Dynamic Pricing:
   • Easily adapt prices to market conditions, promotions, or inventory needs.
2. Multi-Location Flexibility:
   • Adjust prices per location to reflect local market differences.
3. Improved Profitability:
   • Ensure cost prices and selling prices align with profit margins.
4. Centralized Control:
   • Manage pricing updates for multiple products from a single dashboard.

FAQs

Q: Can I apply price adjustments to all products at once?

No, price adjustments are made per product. However, you can search for multiple products and update them one by one in the module.

Q: Will the price change affect existing invoices?

No, price adjustments will only apply to new sales or transactions after the update.

Q: Can I set different prices for online orders versus in-store sales?

Yes, use the Edit Specific Location Price option to set prices for locations tied to specific order types.

Q: Is there a log of previous price changes?

Yes, the activity log in Tijarah360 tracks all updates, including price adjustments, for transparency and accountability.