What is additional price in SAP IS-R - SAP for Retail?

SAP Term: additional price

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail An extra amount charged for an item based on predefined conditions applied during pricing.

Smart SAP Assistant

• Key Concepts: 
  Additional price is a feature of the IS-R SAP for Retail system that allows retailers to set different prices for different customers. This feature allows retailers to offer discounts or special pricing to certain customers, such as loyalty program members or large volume buyers. 
  
  How to use it: 
  To use the additional price feature, retailers must first set up customer groups and assign customers to those groups. Then, they can set different prices for each customer group. The additional price feature can be used in conjunction with other pricing features, such as discounts and promotions. 
  
  Tips & Tricks: 
  When setting up customer groups, it is important to consider the types of customers that will be assigned to each group. For example, if a retailer wants to offer discounts to loyalty program members, they should create a customer group specifically for loyalty program members. 
  
  Related Information: 
  The additional price feature is part of the IS-R SAP for Retail system. Other features of this system include inventory management, order processing, and customer relationship management.