This module enables users to create quantity discounts for specific attributes or variations. It is possible to
promote bulk purchases with Attributes Quantity module
by offering quantity discounts to buyers, which decrease the cost per unit of goods or materials when purchased in greater quantities. This feature is often used by sellers to entice customers to purchase in larger quantities, which can increase revenue per transaction.
step quantity discounting using Attributes Quantity module
. Encourage bulk buyers by providing lower per-unit prices at higher quantities. For instance, a coat maker may offer coats at $20 each, five for $90, and 10 for $160. This pricing strategy is useful when a seller needs to lower inventory or wants to attract buyers who are looking for a bargain.
However, quantity discounts can reduce profit per unit if the economies of scale are not realized to offset the discount offer. For example, if the per-unit cost for the coat company is $10, the company makes a $10 profit on every $20 sale. But if the company offers quantity discounts of $2 per coat for orders of five coats and $4 per coat for orders of 10 coats, it would only make $8 in profit on an order of five and $6 in profit on an order of 10. This can change if the company can save money by buying in bulk from suppliers.
Attributes Quantity module provides a useful feature for sellers looking to create quantity discounts for specific attributes or variations to attract buyers and increase revenue per transaction.
This module is used in the backend only and its settings can be found under the Modules and Extensions tabs.
Widgets and pages:
No widgets and pages are added to this module.