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Can anyone explain what is the tire price in magento and how it is being calculated ?

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Tier price is where you can specify different costs for larger quantities. You can set it up so that a quantity of 1 costs 10 euro, but a quantity of 2 will cost 9 euro per piece.

This should clear some things up: http://www.magentocommerce.com/knowledge-base/entry/how-do-i-use-tier-pricing

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  • Thanks a lot for the quick response. I referred the link as well as your answer. So the idea I grabbed from both is that for example if customer buys a particular product in large number of quantity he/she can get discount for that. When customer increase the quantity the discount will change according to the given configuration. – Sukeshini Oct 6 '13 at 11:55
  • @Su123 Spot on mate! :) – Rick Kuipers Oct 6 '13 at 12:16

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