Module 2: Pricing - Defining pricing information

Overview of Pricing

In order to create a full bid / estimate for the project, you will need to add Pricing to the products you use in the application. This chapter will cover how to add pricing to your products, examples of some of the pricing options, and some advanced pricing calculations you can use. 

Here are a few benefits of using Pricing with your Products: 

• Use ArcSite to effectively cost out your jobs, while out on-site
• Use pricing to create fully-fledged Sales Proposals to present to customers
• Leverage ArcSite's calculations to more easily price out complex cost structures

 

Pricing Options

Pricing options can range from very simple price calculations to very complex, multi-faceted pricing equations. Depending on the type and complexity of the pricing of your product, you can use any of the following pricing options. 

Simple Pricing

The most simple price case is a single cost for an item. In the calculation below, you will define a unit price, and based on the quantity added to the plan, ArcSite will generate the total. By adding a simple price calculation, ArcSite will generate a total cost based on the quantity of that product added to the diagram. 

(cost) = (unit price) × (quantity)

Steps to Create:

1. Start the Product creation process 
2. Under Price add a single price
3. Save

Price Parts - Advanced Pricing

Price Parts are a way to use ArcSite to capture any advanced pricing options within the base price or to capture all the component costs of a product. 

You can add any number of Price Parts together and the total cost of your product is calculated by the sum of the Parts.

Combining multiple Price Parts

You can combine multiple parts if the total cost of your product consists of multiple sub-products or services, and the price of each of the sub-items is defined and/or calculated separately. Some examples might be

• A Door consisting of a Panel part and a Handle part
• A Sump Pump System that contains a Pump, a Basin, and a Lid
• Any product that requires extra work for removing an existing version or requires digging to put the product in place.

If any of those examples relate to your product, you’ll need to create a Price Part section for each part within that Product.  

Creating a Price Part with multiple options

For a given Price Part, you may want to provide different options to your customers,. In this case, you will need to add multiple Price Part Options under that single Price Part.

In this scenario, the end-user would only be able to select only one of the options.

An example here could be that for a specific piece of equipment, the client could choose from a number of different motors. For example a good, better, best type option. 

In this case, you could create a single price part called Motor Type and have a series of options to pick from.

Motor Type

• Motor type 1 = $200
• Motor type 2 = $400
• Motor type 3 = $750

Advanced Pricing Set-Up 1: Tiered & Minimum Pricing

For each product or Price Part, you can use simple price calculations, or go into more detail with advanced pricing options. Our advanced pricing options include tiered pricing, minimum pricing, custom quantities, and quantity modifiers. 

Price Calculations

Tiered – For products that have different costs based on the amount added. 

Minimum – For products that need a base minimum cost until a certain range/amount

 

Advanced Pricing Set-Up 2: Custom Quantities

 

For pricing that requires using a type of quantity such as hours, days, etc, you can use this mode to define them.

Advanced Pricing Set-Up 3: Quantity Modifiers

If you'd like help with Advanced Pricing Set-up or if you'd like to utilize our Customer Success Team to go over any questions you have, please reach out to our Customer Success team at [e-mail].