(A) When a new product is created.
In the back office, navigate to the product you want to create a new item. Complete the necessary content portion and upload any images.
Click ‘Save’. When this is done, the remaining tabs at the top will appear. Variants, Pricing, Stock, Sharing, Publishing, and History.
Add any variants to the product, and click ‘Save’. For any new product, this must be created and saved before Pricing can be created.
Select the ‘Pricing’ tab.
Check the box for ‘Default price’.
Set the price for the various tiers. In this example, the tiers Bronze, Gold and Silver are set to the price of $15. Cost of goods sold is $10. Click ‘Save’ to proceed.
(B) For an existing product.
When a product is already existing in the backoffice, and you wish to change its prices, you may proceed straight to steps 4, 5, and 6 from (A).