Key Considerations for Price Tags
Customer Experience
-
Price tags should clearly communicate value to customers
-
Discounts and promotions need to be easy to understand
-
The application and removal of price tags should be intuitive
Business Rules
-
Price tags can be used to implement various business rules around pricing
-
They allow for consistent application of pricing policies
-
They support strategic discounting with proper controls
Technical Implementation
-
Price tags are cached for performance in self-service
-
They require explicit publishing to be available in the API
-
They work in conjunction with standard product pricing
Flexibility
-
Price tags enable adaptable pricing without changing base product prices
-
They support time-limited promotions through start/end dates
-
They can be targeted at specific customer segments