Aged Price Discounts (Auto Discounter)

This article will walk you through using the Aged Price Discounts or Price Slasher tool in Bravo.

To learn more how to price an item, click here.

To learn how to manually markdown an item, click here.

Aged Price Discounts allows the price of a general merchandise item to be automatically discounted a certain percentage every X number of days.

Configuration

Before you can use this tool, you will first need to configure the discount schedule.  From the Bravo Dashboard, select System Configuration:

Click on the tab labeled Estimator and then navigate to Aged Discounts:

Discounting is done by general merchandise category.  Within this tab the Percent Discount (0 to 100) and Period Length in days (0 to 365) can be set for each category.

If either the percent discount or the period length is 0, then the Aged Price Discounts will be disabled for that category.

Items priced will not be included in Aged Price Discounts by default, but can be manually set to be included (see the next section for instructions on how to do this). Within Bravo, the price will be automatically adjusted on the correct date so that when an item is added to a transaction for sale, the correct price will appear without having to manually discount it.

Using the Feature

To enable or disable Aged Price Discounts for a certain item, search for the item in the Inventory

Locate the item. Next, click on the Edit button and then the Item Detail button (both found in the left hand pane of the Inventory screen).

In the Item Detail popup, a new checkbox is displayed towards the bottom that reads “Aged Discounts (X% every Y days from DATE)".

Uncheck/check this checkbox to disable/enable Aged Price Discounts for this item and click Ok.

Once on the Inventory screen click on the Accept button to add the label to the Print Tags queue.

Labels

When using Aged Price Discounts, a new type of price tag will print. The new label includes the company logo (or name if no logo exists), tag description, location, serial number (if applicable), gun line number (for firearms), cost code, price, discount schedule, item number, and barcode.

The system will discount the item for four periods automatically. The percentage used for discounts is compounded, meaning that the percent discount is always applied on the newest price.

In the above example, the starting price is $349.99 and the category is configured to discount 25% each period. Therefore:

• The first discounted price will be $349.00 ($262 – 25%*$349.99).
• The next discounted price will be $250.00 ($197 – 25%*$262).
• The third discounted price will be $200.00 ($148 – 20%*$197).
• The final discounted price will be $160 ($111 – 20%*$148)

The price of the item will remain at the final discounted price until an employee either re-prices that item or prints a new tag. When reprinting an aged discount tag after the last discount period has passed, the system will print a new tag with four new dates and four new discounted prices. The starting price on the new label will be the last discounted price from the previous label. From the example above, the new price will be $160.00 and discounts will be applied to that price.

The new tags will print on special labels using a third Zebra printer that should be named “SpecialLabels”. This printer will hold Zebra labels (Part No: 10010042) with dimensions of 2.250”width by 3.000” length.