Common Terms in Pricing Services

    Commonly used price terms

Pricing Model Definition Language(PMDL):

Mainly used to describe promotion, when it comes to what kind of discount should be used, and how to use discount.

 

PriceInfo:

For the price of Order, there are mainly four types of PriceInfo objects:

1 OrderPriceInfo

2 ItemPriceInfo

3 ShippingPriceInfo

4 TaxPriceInfo

 

PricingAdjustment:

Describe why and how a price changed, both in amount and in promotion

 

PricingContext:

Provide an item whose price is being doubled, such as order, site, promotion, locale, profile .etc.

 

PricingModel:

Repository item describing discount information, including PMDL rules, discount type and amount.

 

Promotion:

Allows you to offer a discount on a product or group of products

 

Qualifier:

A decision that intercepts PMDL rules will, discounted services

 

Condition:

Decide when you should receive a discount

 

Offer: Decide which part of the order to receive a discount

 

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