In this article, you will get to know more about how you set up and manage currencies, minimum order amount and mark-ups in your shop
You will specifically learn more about:
- Where and how you set Currencies in your Turis B2B webshop
To access Currencies, you start out by clicking on ⚙️ Settings in the menu on the left-hand side followed by clicking on Currencies.
The window will now look like this.
🔔 Please note: the first time you logged in to Turis you configured your shop Currencies in the Setup Wizard.
Select Shop Currencies
To begin with you click on the "Select Shop Currencies" and the dropdown will unfold.
Here you get to select the Currencies you want to use for your shop, by ticking the box(es). After selecting the different Currencies, remember to hit the "Save" button to save your changes. They will be displayed like below.
Here you can see we have chosen to add Swedish Krona (SEK) and Australian Dollars (AUD).
In the following section you will get to know how you assign the selected Currencies to your respective Retailers.
Assigning Currency to Retailer
Now that we have set up and added new Currencies, you can assign these to your respective Retailers. You do this by going to 👤 Users in the menu on the left-hand side, followed by clicking on Retailers.
🔔 Please note: it is mandatory for a Retailer to have a Currency assigned, meaning you cannot create a Retailer without assigning a specific Currency to it.
If you click on a random Retailer you will now see this window.
As you can see, this Retailer (Mages) has EUR assigned as its Currency. If you click on the Currency, the dropdown menu will unfold and you can now get to choose Australian Dollars (AUD) and Swedish Krona (SEK) as well as the Currencies that was chosen in the Setup Wizard.
If you want to change and update the Currency, simply just click on one of them and complete by hitting "Save".
Dashboard Visualization Currency
If you are selling in multiple Currencies, displaying each one of them individually in a graph can be very confusing. Instead, we cumulate and convert your sales in all Currencies into the Currency you have chosen in the Dashboard Visualization Currency. This will make it a lot easier for you to get an overview of how your business is performing as well as your user's buying behavior.
As you can see for this shop the Currency is set to Danish Krone (DKK). You can easily change this by clicking the Currency and selecting a new one.
Now the Dashboard Visualization Currency is set to Euros (EUR).
Here you can decide how you want to display your prices to your Retailers and Buyers. You can decide whether to use a comma or a decimal as separators.
Do you want to show prices like this?:
The way prices are displayed and separated varies from country to country. With the Integer and Decimal Separator, you get to choose how you want to display your prices to your customers.
Minimum Order Amount
Minimum Order Amount means the minimum amount your retailers have to spend per order to be able to place an order. Here you get to set and change the Minimum Order Amount for each of the Currencies activated in your shop.
In the example below, you can see there is defined various Minimum Order Amounts for the different Currencies.
🔔 Please note: if the Minimum Order Amount is set to '0' there is no minimum limit for your customers to place an order in your shop.
To change and update a Minimum Order Amount you simply just type in a new minimum price.
Remember to hit "Save" once you are done.
When you set a Minimum Order Amount it will be displayed to your customers, when they are in your B2B webshop, and they are not able place the order unless they reach or exceed the minimum amount set by you.
In the bottom of the Currencies site, you get to decided whether or not you want to display the price Mark-Up to your customers.
The Mark-Up is how much your Retailers earn for a specific product compared to the price they pay you.
Example: if a Retailer purchases a product from you for 100 and the RRP (Recommended Retail Price) is 200, then the Mark-Up is 2.
Showing the Mark-Up to your Retailers can be very motivational for them, and make them consider purchasing new products from your product line.
When it is not ticked, the Mark-Up display is deactivated in your shop.
Conversely, when it is ticked, the Mark-Up display is activated in your shop.