Odoo 16’s POS ( Point of Sale ) Module is like a super tool for making your retail store or restaurant work better. It has cool features to help you manage your business well.
One awesome thing it can do is handle discounts and prices. Discounts are great because they make customers happy and boost sales. With this module , you can be super flexible with discounts. You can give discounts on certain items, types of stuff , or to special customers. Plus, it’s really easy to use, so you can quickly give discounts on what you sell.
You can use Odoo 16 POS to give discounts in different ways. You can have discounts that apply to everything you sell or just to some things. It’s like having a global discount for everything or specific discounts for certain products. This makes it easy to customize your discount strategy to fit your business needs. It’s a great way to stay competitive in the retail and restaurant world.
Global Discount :
Global Discount in Odoo POS refers to discounts that are applied to the entire sale or a specific order regardless of the individual products or lines within the order. These discounts can be based on various criteria, such as percentage of the total order amount , a fixed amount , or specific amount , or specific conditions like a minimum purchase amount. Global discounts are typically applied before taxes.
Line Discount :
Line Discounts , also known as item or product – level discounts , are discounts that are applied to specific products or lines within a sales order. These discounts can be based on a percentage of the product’s price or a fixed amount. Line discounts are typically applied before calculating the total amount for that particular product and can vary from one product to another within the same order.
Flexible PriceList :
A Flexible PriceList in Odoo POS allows you to define different pricing rules and strategies for your products. This means you can set up multiple pricelist various criteria , such as customer groups , product categories , or specific products. Flexible Pricelist enable businesses to offer tiered pricing , discounts , promotions , or social pricing for different customers segments or under certain conditions.
Configure Global Discounts :
A Global discount is like a discount that covers everything in your order. It doesn’t matter how much each item costs, this discount applies to all of them. To use it , first , turn on global discounts. Then , pick the discount product you want to add to the order , and decide how much discount you want to give entering a percentage. Once you have set these things up , just create an order at the POS , and the discount will automatically be applied to the whole order.
Once you have chosen the customer and products , simply tap on the Discount button on the User Displays. This will open up a wizard that allows you to apply the discount.
In this section , you will notice that the default discount is set at 10% due to settings configuration. Additionally , you have the flexibility to manually select and apply discounts of your choice. Simply pick then click the OK button to apply that discount.
Once you have applied the discount , you will notice that a ten percent discount is now applied to the entire order. You will also see a discount line added , which corresponds to the discount product you previously configured.
Configure Line Discounts :
While Global discount covers the whole order, it can not be used to discount individual products. For that , you can turn on the Line discount feature in Odoo 16 POS by enabling it in the configuration settings. This way, you can apply discounts to specific product lines individually.
Line discounts offer you the flexibility to provide varying discounts to different customers or on specific products. They can be a powerful tool for boosting sales by making your products more appealing.
Once you have activated Line discounts , you will find a discount on the user display , as shown below.
Once you have selected the products , you can pick a specific product line and apply the discounts you want.
In this example , you can observe that the line discount is applied to a particular product. You can repeat this process for each product line that requires a discount, choosing the desired percentage each time. A line discount is essentially a discount applied to a specific product or product line. It’s because you can use it multiple times for various products or product lines , allowing you to tailor your discounts.
The choice between Global and Line discounts depends on your specific business needs. If you want to provide a single discount for the entire order , a global discount is the way to go. On the other hand , if you intend to offer discounts on specific products or product lines, a line discount is the more suitable option.
Configure Flexible Time – Limited Discounts ::
Additionally , you can also apply time – limited discounts to your customers using the Odoo 16 POS Module. To do this , simply enable the pricelist feature within the pricing section of the configuration settings.
Enabling the flexible price list feature allows you to establish price lists directly from the product tab. You also have the option to create a new price list specifically for a certain time period.
You have the flexibility to apply the price list to either individual products or a group of items. When configuring it , you can specify a start date and end date to define the discount’s time frame. Once you have created the price list , you can then select it from the available options within the configuration settings.
In this section , you can pick the price lists that are available for use in your shops. You can also designate one pricelist as the default. Let’s now explore how the discounts work then using these price lists.
In this view, you can observe the reduced prices of the selected products after applying the chosen price list to the order.
By utilizing these discounting methods , you can manage discount processes with greater effectiveness and efficiency. Discount programs have the potential to boost sales by making products more budget – friendly for customers. This approach can be particularly valuable during slow sales periods or when introducing new products. It can also attract new customers searching for a good deal, potentially increasing store traffic , and ultimately leading to higher sales and profits.
