Today we are describing a tool that is especially beneficial for ecommerce merchants selling goods which final price is based on the product dimensions, like doors, windows, etc., or numerous product options. Since the default Magento 2 platform doesn’t provide relevant functionality, you need a third-party module to calculate an accurate price. One of the robust solutions allowing to create complex math formulas for product price calculations is the Product Price Formula Magento 2 extension by ITORIS. With the module, you will be able to calculate an item price based on custom product options or product size and define shipping weight based on your formula.
The Magento 2 custom pricing module is suitable for online stores that work with both B2B and B2C clients and sell customized products. By installing the extension, you provide your customers with the ability to set desirable product measures, select required product options, and check the final price depending on their selection. With Product Price Formula for Magento 2, store owners can offer multiple prices and exclusive discounts to different customer segments.
Below, we shed light on the core features of the Product Price Formula extension and explore how it works in the backend and on a storefront.