Magento Percentage Tier Price extension by BSSCommerce extends default Magento Tier Price function by allowing admins to define tier prices as a percentage
Magento Percentage Tier Price Extension updates the tier prices according to the percentages you have inputted when you update the price of your product. This extension will effectively reduce your time-consuming and optimize your sale activity.
Key Features of Magento Percentage Tier Price Extension
- Enable to set Magento tier price for each quantity range in both fixed amount or in percentage based on product price or customer group price.
- Allow Magento admin to set private and different tier price for each customer group
To be clear, let’s take the following example. While the standard price is $60, the price for wholesale customers is $55. In tier price box, for wholesale group, Magento admin set the tier price for them based on percentage of their group price ($55) so that whenever the quantity of products of a wholesale order is 10 or above, the wholesale customer will get a discount of 5% based on the wholesale price ($45).
- Automatically calculated and displayed tier price on frontend in case of setting it in percentage.
- Easy to install and configure
- Compatible with all types of product
Why Magento Percentage Tier Price is your must have extension?
Although the tier price is equipped in default Magento, it is allowed to be set in a fixed amount so whenever there is a change in product price, admins find it very troublesome to make changes. Normally, they have to manually input the price change. With Magento Percentage Tier Price, this situation will no longer be a concern!
Allow setting up and automatically update price tiers in percentage of product’s standard price
Once Magento Percentage Tier Price Extension is installed in your store, whenever there is an update in the price, the tier price will be automatically changed to match with the price update. To understand how Magento Percentage Tier Price extension works, let’s take a look at this simple example. If you want to constantly give customers a 15% discount for ordering more than a specific amount of products, it’s really difficult to constantly update this tier price every time the product price changes. Now, with Magento Percentage Tier Price, you can set the tier price to 10% and it will automatically update for you!
Ability to set up and automatically update price tiers in percentage of group price
Magento Percentage Tier Price extension also supports discount in percentage for group price which sets promotional prices for different customer groups at the product level. Therefore, store owners have more choices to differentiate their price strategies which for sure makes your online store more competitive on the market.
And here is an example of updated percentage tier price after installing the extension (for NOT LOGGED CUSTOMER GROUP, discount 5% based on group price with order over 20 products)