This video provides a detailed exploration of the pricing engine within Framing POS, demonstrating how shop owners can automate and refine their profitability. The tutorial explains the four main product categories and how to navigate the supplier directory to set up default pricing formulas that cannot be accidentally deleted. Viewers will learn the nuances of calculating total prices using wholesale costs, markups, and specific service fees. The guide also covers specialized pricing methods like United Inch for mounting, linear length for spacers, and the highly efficient automatic oversize fee system that adjusts based on frame dimensions.
YouTube Chapters:
00:00 – Introduction to Framing POS Pricing
00:07 – Product Categories Overview
00:19 – Supplier Directory and House Products
00:38 – Moulding Pricing Defaults and Formulas
01:02 – Understanding Total Price vs. Retail Price
01:25 – Service Fees and Minimum Price Settings
01:50 – Moulding Examples: Larson Juhl Case Study
02:24 – Setting Chop Length and Join Minimums
02:34 – Linear Labor Rates Explained
02:48 – Range Tables and Markup Factors
03:33 – Attaching Pricing Formulas to Vendors
04:50 – Applying Pricing to Single Products
05:28 – Matboard Pricing and Directory
06:03 – Matboard Pricing Formulas and Markup
06:53 – Minimum Price and Wholesale Multipliers
07:45 – Calculating Required Area for Smaller Jobs
09:24 – Glazing Pricing and Box Size Logic
10:28 – Glazing Default Pricing Formulas
11:21 – Odds and Ends: Managing Miscellaneous Shop Items
11:46 – Modified Pricing and Restoring Defaults
12:31 – Pricing Methods: Flat Fee vs. United Inch
13:34 – Length Pricing for Spacers
14:51 – Square Inch Pricing Calculations
15:16 – Sheet Size Pricing and Tiered Structures
15:38 – Automatic Oversize Fees and Labor Logic
17:16 – Global vs. House Categories
If you find yourself needing to revisit a specific pricing method or formula, you can skip to the part you want to see using those chapters.
If you would like to try Framing POS for 30 days for free, click here: https://info.framingpos.com/pricing/