It is possible to offer tiered pricing for each product in Online store based on quantity tiers. For example a t-shirt costs €24.99, but if you buy 3 items, the price will be dropped to €20.99 each instead.
It’s a helpful tool for merchants who have a lot of products in stock and want to attract customers to buy more items. Discount prices are shown on the product details in the storefront and discounts are applied immediately as soon as the quantity added to the cart changes.
This feature also has something unique. We implemented an algorithm which suggests users to add more items to get higher discounts. How it works: you add some items to a cart and eventually a message appears informing you that there is a chance to save some money by adding a bit more items. Such suggestions are smart. If you have 1 item in the cart, we will not offer to add 10 more just to get a 3% discount. However if you already have 8 items in a bag, then the suggestion to add 2 items more and save, will popup. Otherwise if a discount is huge, the suggestion will appear at the early stages: “add 7 more and get 80% off!”.
The goal is to show these messages at key moments, when the chances that customers will like the discount and add more items are the highest. This feature can encourage your customers to purchase more items from your store.
How to set bulk discount pricing for your products
To access the bulk pricing settings open the product details page in your control panel and click the round icon with downward arrow next to the product price field:
It will unroll the advanced pricing options including the "Compare to" price field and the bulk pricing settings:
FAQ
How does the bulk discount pricing work with options?
If you use the product options to allow customizing your products, a few different selections of options for one product in cart will still be considered one product, so it is possible to mix and match and get the volume discount for that purchase. The variations, however, may have separate price and separate wholesale pricing, so the different variations will not result into the volume discount (but a few items of one variation will).