Advanced Pricing Formula

The Advanced Pricing Formula is ideal for calculating complex, variable-dependent pricing for individual products or services. It excels in scenarios where the final price depends on multiple factors or dimensions. Learn more.

Best for:

Products and services with interdependent pricing factors.
Complex mathematical formulas (e.g., $productOne x $productTwo / 30).

Key Use Cases:

Shipping Rates: Calculate prices based on item dimensions (length, width, height).
Mortgage Calculator: Determine monthly payments.
Loan Calculator: Include interest rates and loan terms.
Package Deals: Offer discounts for combined items.
Square Footage Pricing: Calculate costs for area-based services.
ROI Calculator: Compute return on investment.

Fee & Discount Adjuster

The Fee & Discount Manager offers powerful control over pricing by applying adjustments based on specific conditions. It's perfect for implementing dynamic pricing strategies and promotions. It can be applied to subsections or the entire calculator total. Learn more.

Best for:

Applying fees or discounts.
Adjusting pricing based on conditions.
Simple mathematical operations (+, -, , %).

Key Use Cases:

Base Price: Set a fundamental cost for products or services.
Shipping Costs: Add flat or percentage-based shipping fees.
Setup Fees: Impose fixed or percentage fees on the total cost.
Conditional Charges: Trigger fees based on specific selections.
Discounts: Apply reductions conditionally or unconditionally.
Price Conversion: Convert yearly prices to monthly, etc.

Comparison Table

Feature	Fee & Discount Adjuster	Advanced Pricing Formula
Scope	Affects subsection or total calculator price	Calculates individual product/service cost
Math Operations	Basic (+, -, *, %)	Complex formulas with multiple variables
Flexibility	Can be conditional or unconditional	Primarily for specific pricing models, can include conditional logic
Ideal Use	Dynamic pricing adjustments, fees, discounts	Detailed cost calculations for complex products/services
Use Cases	Shipping fees, discounts, price conversions, setup fees, conditional charges	Custom-sized product pricing, dimension-based rates, financial calculators, package deals
Examples	10% off a section total, $5 flat shipping fee	Fence cost = Length x Width x Height, Shipping = (L x W x H) / 30

When to Use Which?

Choose Advanced Pricing Formula when:
You need to calculate prices based on multiple interdependent factors
Your pricing model requires complex mathematical formulas
You're dealing with dimension-based or variable-heavy calculations

Opt for Fee & Discount Adjuster when:

You want to apply simple fees or discounts to your pricing
You need to make conditional adjustments to subsection or total prices
You're implementing basic pricing strategies like shipping fees or setup charges

Remember: the choice between these tools depends on the complexity of your pricing model and the specific adjustments you need to make. For simpler pricing structures, standard elements like dropdowns or quantity input boxes might be sufficient.

Need help deciding which tool is right for your specific use case? Don't hesitate to reach out to our support team for personalized assistance!

Video Tutorial

Additional Information

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Updated on: 19/09/2024