Temporary Product Price Reduction:

 

Tab Wizard has always allowed the increase of prices per department to allow for price increase however, as of 2021, April 24, Tab Wizard now adds a feature to decrease department pricing allowing the user to lower prices during a special event, etc.  The reduction comes with risks to be aware of and how to overcome them.

 

Q: Why would prices decrease rather than increase?

 

A:  Many bars and clubs may want to run a special price reduction for a special event or time period that the Happy Hour feature simply does not do and raise them up again once the event is over.

 

If a user decides to lower the department cost of Beer across the board at -$1.00, it will also decrease the price of Happy Hour (-$1.00) pricing as well.

 

Example:

If a Beer regularly cost $4.50 (Regular) and $4.00 (Happy Hour), the price reduction would go down to $3.00 (Regular) and $2.00 (Happy Hour).  This may not be a desired effective discount.  It is never good practice to allow two discounts together.

 

Lowering Prices

The proper method to handle price reduction items during scheduled Happy Hour events is to follow these practices:

 

Disable Happy Hour

  1. Select >Settings >Setup >Happy Hour Setup

  2. Select the desired >Day of week and >NO

  3. Select Accept to save your changes

 

Lowering product pricing for a special event

  1. Select >Settings >Setup >Department Setup

  2. Select a desired group then >Price Change

  3. Read the provided Warning message then choose > Lower Prices

  4. Enter the amount you wish to deduct from regular prices

  5. Select >OK & >Accept

 

Raising Prices

When an event is completed, it is now simple to go back in and increase the prices to normal.

 

Raising product pricing after an event

  1. Select >Settings >Setup >Department Setup

  2. Select a desired group then >Price Change

  3. Enter the amount you wish to increase from the current pricing

  4. Select >OK and >Accept

 

Re-enabling Happy Hour

  1. Select >Settings >Setup >Happy Hour Setup

  2. Select the desired >Day of week and >YES

  3. Select Accept to save your changes