Pricing Sheet
Pricing Sheets are tables that contain the prices of a specific product in different
circumstances. For instance, the cost of a piece of string depends on how long it is, how
thick it is, what it's made of, how much you are buying, etc. Price sheets show the cost
of an item under any conditions.
Typical Uses
Pricing Sheets allow customers to see the cost of a product personalized for their needs in
a straightforward, easy to understand table. They are especially useful for a company that
is selling a product that comes in various different shapes, sizes, lengths, quantities,
etc.
Best Practices
- Determine the product. Decide for which product the Pricing Sheet is being made. Limit the choice of products on the form so that it is simpler. Place the name of the product, or group of products, at the top.
- Determine the variables. Before the sheet is created, the aspects of the product the client can choose from must be determined, such as a choice of material, length, or quantity. Determine each of these before starting.
- Create the table. Build a table. It should have a column for each category of variables, (material, size, and quantity) as well as a column for a description of the basic product and a column for the resulting price. There should be a row for each possible variable within each category, (silk, wool, plastic, paper, 3 in, 4 mm, pack of 10, dozen, etc.). This step can be made easier using the Forms template offered by SmartDraw.
- Label. Place the variables along the side of the table and the categories along the top. Put the description of the product in all of the corresponding boxes all the way down the table. Also fill in all of the possible variables.
- Calculate the price. Calculate the price of the product for each combination of variable and list them in the corresponding cell.
- Distribute. These Pricing Sheets can be for employees, as a reference when dealing with customers, or for the customers themselves when they are deciding what to buy. Either way they are a well organized, simplistic way of viewing all possible prices of a product.