Tier pricing lets you offer a quantity discount from oth the catalog list and product detail pages. The discount can be applied to a specific store view or customer group.
The prices in the storefront take precedence from the highest to the lowest quantity. Therefore, if you have a tier for the quantity 5 and one for the quantity 10 and a customer adds 5, 6, 7, 8 or 9 items to the shopping cart, then the customer gets the discounted price that you specified for the quantity 5 tier. As soon as the customer adds the 10th item, the discounted price specified for the quantity 10 tier supersedes the quantity 5 tier and that discounted price (of 10) applies instead.
To display a tier price:
Navigate to CATALOG > MANAGE PRODUCTS. Select Product.
1. In the Product Information panel on the left, select Prices.
2. In the Tier Price section, click the Add Tier button. Then, do the following:
a. Select the Website to which the tier pricing applies.
b. Select the Customer Group for whom the tier pricing is available.
To apply a tier to multiple groups, but not all groups, create multiple tiers, each with the same Qty and Price information and select a different customer group for each.
c. In the Qty field, enter the quantity that must be ordered to receive the discount.
d. In the Price field, enter the adjusted price of the item.
3. When complete, click the Save button.
4. When you are prompted to update the cache and indexes, follow the instructions in the message at the top of the workspace.
If tier pricing is set, the tier pricing message is not displayed in the catalog. On the product page a notification is displayed that indicates that the price can be lower when ordering more than a certain quantity, but the discount is displayed in percentages only. For associated products of a grouped product, the discounts are not displayed on the product page.
The tier price is shown according to the Display Actual Price setting.