Setting up a minimum price for a SKU prevents the SKU from being sold below the specified price. This minimum price overrides any sales or discount rules applied to the SKU.
1. Login into the system and access the Products menu. Select a SKU from the list to apply the Min. Price to. Click on the Min. Price field in the SKU Info tab.
2. Overview of Min. Price setup screen.
Step 1: Choose the minimum Sell Price that the SKU will not fall under regardless of any sales or discounts applied to it.
Step 2: Select the Start and End dates for the Min. Price rule.
Step 3: Add and finalize the Min. Sell Price to the SKU(s) selected.
3. An optional method is to Create Advanced Rule: here you can build a query for multiple products, or edit your minimum price at higher detail.