Base Price

In Pakk, you only need to maintain a single, canonical sales price, which we refer to as base price. This is the price from which all other prices are ultimately derived.

The level at which you set your base price depends on the nature of your business and how you intend to combine the other pricing features, but can largely be summarised as follows:

• For business that are majority wholesale, or consider their wholesale prices as their ‘reference’ prices, then it makes sense to use the wholesale price as their base price.

• For business that are retail oriented, then it makes more sense to set their base price at, or at least closer to, the final retail price.

Note that base prices in Pakk are always expressed exclusive of tax.