π What Is a Price Matrix?
A Price Matrix is a rule-based pricing tool that automatically calculates your sales price based on the purchase cost of a part.
You define markup percentages for different price ranges β and EasyTruckShop does the math for you.
For example:
$0β$1.5 β 145% markup
$1.51β$3 β 100% markup
$3β$5 β 85% markup
$5.01-$10 β 80% markup
So on and so forth
π‘ This keeps your part pricing consistent and scalable across your business.
βοΈ How to Set Up a Price Matrix
Go to Settings (click your name in the top-right corner)
Click Part Settings
Select the Price Matrix tab
Click Add Matrix
Name your matrix (e.g., "Fleet Customers" or "High Volume")
Add markup rules by setting a Min, Max, and Markup %
Click Save to finish
π§ How the Matrix Applies to Parts
Once your matrix is created:
The system will auto-calculate the sales price based on the purchase cost and your matrix rules
You can assign different matrices to customers or service types for flexible pricing
π§― What Is the Cost Floor?
Sometimes, you get a deal on a part (like a bulk discount), and the regular matrix would underprice it.
That's where Cost Floor comes in.
π‘ Example:
Normally you pay $75 per part
Today you got a deal and paid $50
You still want to base your markup on $75 to maintain profit
In this case, set $75 as the Cost Floor, and EasyTruckShop will calculate markup based on that instead of the actual $50
π This helps protect your margins and keeps your pricing consistent even when costs fluctuate.
π Bonus: Lock Sales Price Option
If you want full control over pricing for a specific part (no matrix), just toggle Lock Sales Price when editing the part.
This bypasses matrix rules completely.
β Summary
Price Matrix = automatic markup rules for cleaner, faster pricing
Cost Floor = optional override to protect margins on discounted purchases
Use this combo to keep your parts profitable without manual calculations