What is customer product price in SAP SRD-CRM - CRM-Customer Relationship Management?

SAP Term: customer product price

• Component: SRD-CRM

• Component Name: CRM-Customer Relationship Management

• Description: The product price assigned to individual customer accounts.

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• Key Concepts: 
  Customer product price is a component of SAP's Customer Relationship Management (CRM) module. It allows customers to view and manage their product prices in a single, unified system. This helps customers to better understand their pricing structure and make informed decisions about their purchases. 
  
  How to use it: 
  The customer product price component of SAP CRM can be used to view and manage customer product prices. This includes setting up pricing rules, creating discounts, and managing customer-specific pricing. It also allows customers to view their current pricing structure and make changes as needed. 
  
  Tips & Tricks: 
  When setting up customer product prices, it is important to consider the customer's needs and preferences. This will help ensure that the customer is getting the best possible price for their products. Additionally, it is important to keep track of any changes that are made to the pricing structure so that customers can be informed of any changes that may affect them. 
  
  Related Information: 
  The customer product price component of SAP CRM is closely related to other components such as pricing rules, discounts, and customer-specific pricing. Additionally, it is important to consider other factors such as taxes, shipping costs, and other fees when setting up customer product prices.