When I was working with the sales team in my Salesforce org, they came up with a requirement to sell products at different prices for different types of customers.
For example, while the standard price of a product was set at $7500, our clients needed a discounted price of $7000. Similarly, some other product accessories also had to be sold at different rates for bulk buyers.
To handle this, I had to create a Custom Price Book in Salesforce. With this, we can define special pricing for selected products while still keeping the standard price book as it is.
In this Salesforce tutorial, I will explain what a custom Price book is and how to create a custom price book in Salesforce to set different pricing.
Custom Price Book in Salesforce
In Salesforce, a custom price book is used when businesses want to offer special pricing to certain customers. Instead of using the same price for everyone, a custom price book lets us define a different set of prices for selected products. This is helpful when pricing needs to change based on customer type, location, or business.
For example, a company sells the same product at one price to regular customers and at a discounted price to wholesale buyers. In such cases, using a custom manage these price differences without affecting the standard pricing.
It’s important that before a product can be added to any custom price book, it must first be available in the standard price book.
Create a Custom Price Book in Salesforce
In Salesforce, there are two ways to create a custom price book:
- Create a custom price book using Salesforce User Interface
- Create a custom price book using Salesforce data loader
Create a Custom Price Book using Salesforce User Interface
To create a custom price book using the Salesforce UI, navigate to the setup page of Salesforce Lightning and follow the steps below.
- On the setup page, select -> App Launcher -> Price Books.
- In the Price Book tab, click the New button to create a custom price book.
- Enter the Price Book Name, Description, and select the Active checkbox. After this, click Save.
As we click the save button, the custom price book will be created. Then, from the record page, we can also add products to a custom price book.