Pricing rules are used to calculate prices when creating new listings on a channel and when syncing prices for existing listings (if enabled). Pricing rules are the most effective tool in managing your prices, relatively, across your various sales channels.
To set your pricing rules, go to Settings > Sales Channels Integrations > Edit for the desired sales channel you wish to apply pricing rules.
Pricing rules are calculated from your products' price, found in your Inventory. Each channel allows you to set 2 kinds of pricing rules:
The price adjustment rule has a very specific application. This rule allows you to increase or decrease your product price by a fixed dollar amount, or a percentage.
This rule works by calculating your product price against the price adjustment set here, when creating new listings, or synchronizing price changes made to your Inventory.
For example, let's say you have a price adjustment rule set to "Increase product price by $5". You then have two products to list on this channel: Product 1 priced at $10 and Product 2 priced at $15 in your Inventory. When listed on this channel, Product 1 will be listed with a price of $15 and Product 2 will be listed with a price of $20.
The price rounding rule is very simple and only serves one purpose: to automatically round up prices to end with .99.
This rule simply calculates your product price to ensure that all prices on this channel, are rounded up to end with .99, when applicable.
For example, a product price of $5.76 would be listed and rounded up to be priced at $5.99 on this channel.