Spend X | Save and Amount
Introduction
Promotion includes all those methods that a retailer uses to boost sales by encouraging customers to buy more items. Some good examples of promotions are:
Buy Shirts | Get T Shirts @ 20% off
Buy any Women’s Bags for $199
Spend over $1000 | Save 30% on bill total
Promotions are set up within the application to automatically apply when certain specific conditions are met.
Types of Promotions
The following types of promotions are available in iVendNext:
Buy X | Get Y
Offering a free or discounted item when buying another item.
Buy X | For a fixed price
Offering an item at a fixed price irrespective of the actual item price.
Spend X | Save an amount
Offering a discount on the total bill value.
For the purpose of this article we will focus on: Spend X | Save An Amount Promotion and would use the below data set for illustration:
Promotion Type - Spend X | Save an Amount
Promotion Name - Spend over $1000 | Save 30% on bill total
Item Name - Mens Leo Briefcase (GD-1001)
Item Name - Fit and Flare Midi Dress (WD-1001)
Item Name - Brook Large Zip Hobo (WB-1001)
Prerequisites
Before creating a promotion in iVendNext, ensure you have the following set up:
Item
Item Group
Customer Group
Steps to create a Spend X | Save an Amount Promotion
The steps to create a Spend X | Save and Amount Promotion in iVendNext are summarized below:
1. Log in to iVendNext:
Start by logging into your iVendNext account.
2. Navigate to Promotion List View Screen:
Go to: Home > Retail > Items and Pricing > Promotions.
3. Access the Promotion Creation Screen:
Click on the "Add Promotions" button to launch the new Promotion Creation screen.
4. Enter Promotion Details:
Enter a name for the Promotion and its description. This facilitates identifying the promotion at a glance. For Example, we have entered the Promotion Name as Spend X | Save an amount Promotion and the Description as Spend over $1000 | Save 30% on bill total
5. Select the Promotion Type
Select the Promotion Type as: Bonus Buys Promotion.
6. Mark the Promotion as Active
Put a tick in the Active checkbox to mark the Promotion as Active. Inactive Promotions are not applied on the POS terminal.
7. Configure the Buy Side (Not Required)
This side defines the conditions that must be met to qualify for the promotion. In case of the Spend X | Save an Amount Promotion, leave the Buy Side blank. See: Promotion Setup for field description
8. Configure the Get Side (Not Required)
This side outlines the rewards that the buyer gets when they meet the conditions specified in the Buy Side. In case of the Spend X | Save an Amount Promotion, leave the Get Side blank. See: Promotion Setup for field description
9. Set Store Applicability
This section allows you to specify the store(s) to which the promotion applies. Setting a store ensures that the promotion is applied only to that particular store and not to any other store.
10. Set Duration (Optional)
This section enables you to specify the duration for which a promotion will remain active. You can set the day along with the start time and the end time for the promotion. For Example, you can set the Spend over $1000 | Save 30% on bill total Promotion to run on Wednesdays between 10:00AM - 10:00 PM.
11. Set Customer Special Days (Optional)
This section allows you to specify special customer days, such as birthdays and anniversaries. You can set the Buy any women's coat for USD 50 Promotion run only on these specified days.
12. Define the Exclusion List (Optional)
This section allows you to specify the Item(s), the Item Group(s), and the Customer Group(s) for which the promotion will be excluded. For example, we have excluded the Non Profit Customers Group from the Spend over $1000 | Save 30% on bill total Promotion.
13. Save the Promotion
Click the Save button to save the settings.
POS Implementation
A customer buys some items and proceeds to checkout. The bill total becomes USD 1097.
The store was running a "Spend over $1000 and save 30% on bill total" promotion. As a result of the promotion, she pays only USD 767.91
The discount offered via the promotion can be seen on the POS Invoice.
1. Launch the POS Transaction Screen
2. Add Items GD-1001, WD-1001, and WB-1001
3. Add Customer
4. Make payment
5. Access the POS Invoice List View Screen
6. Select the POS Invoice
7. Scroll to the “Additional Discount” section.
8. The "Additional Discount Amount" column reflects the Discount offered via promotion.
