Description
Stock Level Pricing is an easy-to-use plugin that adjusts WooCommerce product prices based on the quantity of products left in the stock. It’s designed to work with products where “Stock management” is enabled, offering effective pricing strategies for better inventory control and sales. The plugin’s nuanced pricing adjustments based on stock levels mean you can dynamically control your product pricing, turning stock management into a key aspect of your sales strategy.
Use Cases
Increase Price When Stock is Low: Perfect for high-demand products with limited stock. This feature helps store owners take advantage of low availability by raising prices as stock decreases, aiming to increase profits.
Discounts to Sell Leftovers: Activates discounts automatically when stock is low, encouraging customers to buy the remaining items. This is great for moving inventory quickly and avoiding excess stock.
Volume Discounts for Excess Stock: When there’s a lot of stock left, the plugin can reduce prices to boost sales and lower inventory levels. For example, you can adjust prices when only a few items remain in stock, making this ideal for managing large inventories and attracting customers looking for deals.
Features
Compatibility: Works smoothly with simple products, variable products, and subscriptions in WooCommerce.
Pricing Types:
Flat Price: Users can set a regular and sale price that becomes active when inventory reaches specified levels.
Percentage Discount: Automatically applies a percentage discount to the current product price based on inventory changes [premium feature].
Increase or Lower the Price:
Price Increase for Low Stock: Raises prices as stock gets lower, using scarcity to make products seem more valuable [premium feature].
Discounts for Lowering Stock Levels: Encourages buying by lowering prices as more stock is available [premium feature].
Global Stock Level Pricing Rules: Apply pricing rules across multiple products or categories based on their stock levels.
Rule Priorities: Adheres to a hierarchy of variation rules, followed by parent product rules, and then global rules to ensure consistent pricing.
Customizable Stock Level Pricing Table: Display the table with stock level rules on the product page, with the current stock level rule highlighted for customer clarity.
Sale Price Display Option: Can show the price set by stock level rules as a sale price to draw attention and promote sales.
This plugin is a key tool for WooCommerce users who want to adjust their pricing based on how much stock they have, improving both sales and inventory management.
Find more information on how to use plugin in the documentation here:
|Stock Level Pricing Documentation