This article explains how you can apply a discount to a Cost Submission enabling both retailer and vendor to trade at a temporary discount without losing the agreed Cost Submission data.
To apply a discount, navigate to the Cost Analysis section of your Cost Submisson:
Before you have applied any values, the default state is empty and deactivated:
Enter the Discount value of your choice either as a percentage or an absolute cash value:
💡 Profit Visbility
The system will automatically calculate your discounted Over-Cost for you so you can see the impact on your profit.
It is important to note that Total Cost remains the quoted price to your customer until you activate your discount using the toggle control Activate Discount:
This feature enables you to evaluate the impact of a discount before enabling it.
💡 Discount Memory
Your discount will be preserved even if you deactivate it - enabling you to keep track of previous discounts offered during promotional periods.
Vendors can turn off a Discount without having to delete it. This allows for you to keep track of the previous Discount applied in case you need to re-instate it in the future - for example, Valentine's promotional Heart pendant that sells all year round but has a special price in the run-up to Valentines Day.