How Do I Set Up a Buydown?

In this lesson you will learn how to setup a buydown.

Advance Merchandising

Advance Merchandising

From the main menu, click on the "Advance Merchandising" button.

Buydown Setup

Buydown Setup

From the Advanced Merchandising menu, click on the "Buydown Setup" button.

The Buydown Setup module is used to setup sales for specific dates. The unique ability of a Buydown is that the discount applied to the item can be set to a maximum amount of items to sell.

Buydown Setup Screen

Buydown Setup Screen

From the Buydown Setup screen, click on the "Add" button.

Add New Buydown

Add New Buydown

From the Add New Buydown screen, type in up to a 5 digit number. Then click on the "OK" button.

Buydown Fields

Buydown Fields

Type in a description for the Buydown by clicking inside the description column for the buydown ID. Do the same for any of the other fields that you wish to populate. Then click the "Apply" button.

Quantity - The number of total inventory items

Quantity Left - Items left to be sold at discounted price

Amount - Amount to be substracted from the total item cost

Note: There are three different ways you can set a buydown. You can base the discount on a quantity. You can base the discount on a date range. You can base the discount on a quantity and date range. In this lesson's example the Buydown will take affect for the month of March or until 50 are sold.

Quit Buydown Setup

Quit Buydown Setup

From the Buydown Setup screen, click on the "Quit" button.

Main Menu

Main Menu

From the Advanced Merchandising screen, click on the "Main Menu" button.

Applying Buydown

Once you have set parameters for the new Buydown, the buydown must be applied to an item.