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How to set Product Prices | Cheap Domaining

How to set Domains and Product Prices | Cheap Domaining

Set a global pricing rule for all products | Set markup for a product group

You determine the prices of products and services in your storefront using percent markups from the wholesale rates. Set markups for product groups or product tiers and choose a global pricing rule for your entire product catalog. Any products without a markup will default to the global rule.

Update product prices for my reseller storefront

Note: Storefront pricing only displays the prorated monthly price for a 1-year purchase. When a product is added to the cart, all available term lengths and prices will appear.

Set a global pricing rule for all products

  1. Sign in to your Reseller Control Center (use your Cheap Domaining username and password).
  2. Select Pricing.
  3. Select Update Global Pricing.
  4. Decide whether to replace existing rules:
    • Apply anywhere without a specific rule: Set a global rule after previously setting group or section rules. Existing rules at the group or section level will NOT be overwritten.
    • Replace existing rules: Start over by overwriting rules you previously created. If you have already set rules at the group or section level, those rules WILL BE replaced with the new rules you create here.
  5. Select one of the following:
    • Set product prices to suggested retail: By default, this option is selected. All products are set to the current suggested retail price. Product prices update automatically if the suggested retail price changes.
    • Set a custom percentage markup: Enter a bulk percent markup over the wholesale price (like 300%) that applies to all products.
  6. Select Save Changes. Your new prices will be published to your storefront. It may take up to three hours for price changes to appear.

Set markup for a product group

  1. Sign in to your Reseller Control Center (use your Cheap Domaining username and password).
  2. Select Pricing.
  3. Select a product group (for example, Web Hosting).
    • To view legacy products, turn on the View Legacy Products toggle.
  4. Select Update Group Pricing.
  5. Select one of the following:
    • Apply to plans of your product without a rule (you'll see your product name listed): Set a group rule after previously setting global or section rules.
    • Replace existing rules: Start over by overwriting rules you previously created. If you have already set rules at the section level, those rules will be replaced with the new rules you create here.
  6. Under Set a custom percentage markup, enter a percentage value to apply to the group.
  7. Select Save Changes. Your new prices will be published to your storefront. It may take up to three hours for price changes to appear.

Set markup for a product tier

  1. Sign in to your Reseller Control Center (use your Cheap Domaining username and password).
  2. Select Pricing.
  3. Select a product group (for example, Web Hosting).
    • To view legacy products, turn on the View Legacy Products toggle.
  4. To set a markup for new purchases of a product tier, select New. To set a markup for renewals of a product tier, select Renewal.
  5. Go to the product tier you want to update, then enter your desired percent markup under Markup.
  6. Verify the adjusted Retail Price.
  7. Select Save. Your new prices will be published to your storefront. It may take up to three hours for price changes to appear.

Note: Retail prices are based on the amount of the lowest term. For example, for a product with 1-month as the lowest available term, the 1-year price will equal the 1-month price multiplied by 12.

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How are prices calculated for my reseller storefront?

Retail prices are calculated using percent markups that you set in the Reseller Control Center. Then the prices in your storefront are determined based on the most specific markup.

We recommend starting with a global pricing rule that will apply to the entire catalog of products in your storefront. Any products without a markup or sale price will default to the global rule. If you don’t set a global rule, your prices will default to our suggested markups.

Afterward, you can set markups for product groups or for product tiers, and set sale prices for new purchases or renewals of specific products. The prices that display in your storefront are based on the most specific markup that you've set. From most specific to least specific, the pricing hierarchy is as follows:

  • Sale price for specific product and term (i.e. Deluxe Managed WordPress – 1 Month)
  • Product tier markup (i.e. Deluxe Managed WordPress)
  • Product group markup (i.e. Managed WordPress)
  • Global pricing rule

For example, let's say you apply a global custom markup percentage of 20%. Then you set a markup of 15% for the Web Hosting product group. The price for each Web Hosting product is marked up from their wholesale prices by 15%.

If you set a markup of 10% for cPanel – Starter, a specific product tier under Web Hosting, then your storefront honors the markup of 10% instead. The product tier markup is more specific than the product group markup. The other products in your catalog default to the global markup.

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