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Component: CA-RT-PMR
Component Name: SAP Promotion Management
Description: The price at which a product is sold in an offer. &EXAMPLE& A candy bar has a regular price of USD 0.95 and the offer is "USD 0.25 Off". The promotion price then is USD 0.70.
Key Concepts: Promotion price is a pricing strategy used in SAP Promotion Management (CA-RT-PMR) to increase sales and attract customers. It involves offering discounts or other incentives to customers for a limited period of time. This can be done through special offers, coupons, or other promotional activities. How to use it: In SAP Promotion Management, promotion prices are set up in the pricing conditions tab. Here, you can define the discount amount, the start and end dates of the promotion, and any other conditions that need to be met for the promotion to be valid. You can also set up different types of promotions such as buy one get one free, discounts on certain products, or discounts on certain customer groups. Tips & Tricks: When setting up a promotion price in SAP Promotion Management, it is important to consider the impact it will have on your overall pricing strategy. Make sure that the promotion does not undercut your regular prices too much or it could have a negative effect on your profits. Additionally, make sure that the promotion is targeted at the right customer group and that it is timed correctly so that it does not overlap with other promotions. Related Information: For more information about setting up promotion prices in SAP Promotion Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/CA-RT-PMR/latest/en-US