Encouraging customers to purchase more and increase their order value is not an easy task though store owners have a variety of methods to do so. Offering quantity based prices would be one of the most effective and powerful methods to urge buyers with very few convincing actions needed.
Quantity-based pricing can be categorized into 2 types: volume pricing and tiered pricing. Volume pricing can benefit manufacturers and wholesale companies the most as it encourages customers to purchase more items to enjoy a lower average price. However, WPC Price by Quantity for WooCommerce is not just about discounts, it’s an advanced tiered pricing tool at the same time. Store owners can set up different tiers of pricing, in which they can raise the price or lower it for the next tier. The total will be calculated based on the sum of all applicable tier subtotals. Furthermore, these pricings can be assigned to a specific group of users based on the user role on the site. That said, wholesalers can enjoy a much lower price set than retailers or customers.
This plugin allows store owners to set up various pricing options in a table layout based on different levels of quantity. It’s super easy to configure and users can enjoy a real-time demonstration as the indicator will slide to show the active unit price corresponding to the current quantity level in the frontend. By nature, this plugin facilitates both volume pricing & tiered pricing – the two best strategies in marketing that encourages customers to upgrade their order size by increasing the quantity of products while sellers can have a better profit without the need to tighten their budget too much.