Establishing markets

In Infor e-Commerce, a market constitutes a set of countries having a common item price list for the items being sold. A market determines the price a user has to pay for items purchased. The same prices and currency will apply to all countries belonging to a market. Therefore, all users belonging to a market see the same prices in the Customer Center.

Each market is assigned two price lists - list price and net price. Typically, the "list" price contains the standard market price and the "net" price contains the actual price. In the shop, users are charged the net price for their purchases; if the net price is not available for an item the user pays the list price for that item.

To add a market:

  1. Log on to the Business Center as a merchant administrator.
  2. Click the Application Setup > Markets link in the navigator.

    A list of defined markets (if any) including the default markets for B2B and B2C setup is displayed. The default market for the B2B setup is "B2B Worldwide" and the default market for the B2C setup is "B2C Worldwide".

  3. Click Create New.
  4. On the Market Details page, enter all details as required.

    See the table below for complete description of each setting.

    Field Description
    Market Code A unique code for the market.
    Market Type

    Indicates the market category.

    • Business to Business: This market is associated with the B2B shop.

    • Business to Consumer: This market is associated with the B2C shop.
    List Price Group The standard market price list for items.
    Net Price Group The discounted price list for items.
    Currency The basic currency in which users will be charged for their purchase.
    Market Name Name of the market in each of the language supported by the application.This name is used throughout in the Business Center and Customer Center.
  5. Click Save to submit your settings.
    Note: Use the search form to find the market you want to edit. The form for creating new markets is identical to the one for editing existing ones, except that you are not able to change the code for existing markets.
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