Attribute-based pricing is a pricing strategy that adjusts the price of a product or service based on the attributes chosen, and displays the adjusted price in the quote or order. For example, if a sales agent creates a quote for a car and selects the leather upholstery attribute, the net price may increase by $1000, the cost of this attribute.
This pricing strategy will appear as:
The primary attributes of this strategy are values that are being extracted for these initial pre-defined variables: Anchor Product, First Component and Second Component. You can also create additional attributes via “+” symbol:
