What is promotion sales price in SAP IS-R - SAP for Retail?

SAP Term: promotion sales price

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Sales price of promotional goods used as the basis for planning promotion sales and for promotion profitability analysis.

Smart SAP Assistant

• Key Concepts: 
  Promotion sales price is a feature of the IS-R SAP for Retail component that allows retailers to set special prices for products during promotional periods. This feature enables retailers to increase sales by offering discounts on certain products during specific times. 
  
  How to use it: 
  To use the promotion sales price feature, retailers must first define the promotional period and the products that will be discounted. Then, they must set the discounted prices for each product. Finally, they must activate the promotion in order to make it available to customers. 
  
  Tips & Tricks: 
  It is important to plan ahead when using the promotion sales price feature. Retailers should consider the timing of their promotions and how long they will last in order to maximize their sales potential. Additionally, retailers should consider how much of a discount they are willing to offer in order to attract customers without sacrificing too much profit. 
  
  Related Information: 
  The promotion sales price feature is part of the IS-R SAP for Retail component, which also includes features such as pricing and discounts, inventory management, and customer loyalty programs. Additionally, retailers can use other SAP components such as SAP ERP or SAP CRM to further enhance their retail operations.