Entering Channel (marketStream) Settings

The Channel area is used to set up and define the product in the marketStream Common Catalog. You can set the pricing for the product, define how you want to approve sellers, select categories for the product, define custom pricing for the product (by seller), and enter custom descriptions or images for the product.

The marketStream Channel program has a feature where a product owner can allow a product seller to sell their product outside of the MSRP range (MSRP range is defined as any price between MSRP and Fixed Cost). The product can be sold for $0, but sellers must still pay the product owner the fixed cost. Therefore, promotional agreements between the product owner and product seller will need to be negotiated, or the seller will have to use products with an appropriate fixed cost.

When you create a product and want the product to be published in the marketStream Common Catalog you must select the appropriate check box when choosing the Product Options (on most sites this check box is labeled Channel as shown in the example below). When this check box is selected the Channel area appears in the Create Product wizard.

Note: The Channel option only appears if you are participating in the marketStream Channel Intersite program. Contact your Store Operations team for more information.

To enter Channel (marketStream) Settings:

Required Role: Catalog ManagerA user role that allows the user access to the catalog and product features. Search this file for the "user role definitions" topic for more information.

1. In the Channel area, if you see a Review link next to the Terms, it means you must review and accept the terms of the marketStream agreement. Click the Review link to open the agreement. After you have read the agreement click the appropriate option at the bottom to accept the agreement and close the window.
2. For the Channels option, select the marketStream Channel program you are participating in.
3. For the Approve Sellers option, indicate how you want to approve sellers who want to sell this product on their site:
• Select Automatically if you want any seller who wishes to sell your product to be automatically allowed to do so.
• Select Manually if you want to approve or deny each seller manually. Affiliates that wish to sell your product on their site will not be able to do so until you accept their request. To learn how to accept or reject a seller, see Managing Relationships.
4. In the Categories list, select a category (or categories) for the product. To select more than one category, hold CTRL as you click (you can select up to three).
5. In the Pricing area, click Set marketStream Channel Pricing. The Set marketStream Channel Pricing page appears. The, set the pricing for the product.

Click to see how to set the same price for all sellers. In the Default Pricing area, in the Fixed Cost field, enter the product cost for the sellers. This is the amount you will receive from anyone who sells the product on their site. You can enter a specific dollar amount, or a percentage (of the MSRP). In the MSRP field, enter the suggested price for the product. Product sellers will not be able to set a price for the product that exceeds this amount. From the Currency list, select the default currency for the pricing. If you want sellers to be able to sell the product for less than the Product Cost (for example, as a promotional give-away product) select the Allow < COGS check box. When you are done defining the pricing for the product, click Add.

 

Click here to see how to define custom prices by seller. In the Custom Pricing area, click the Select a Selling Company link to find the seller for which you want to define custom pricing. The Find Seller window appears. Enter criteria about the seller/company you want to enter special pricing for and click Search. When the results appear, select the seller from the list and click Add Selected Seller. The Find Seller window closes and you are returned to the Set marketStream Pricing page. The name of the seller/company you selected now appears in place of the Select a seller link. In the Product Cost field, enter the product cost for the seller. This is the amount you will receive from the seller for your product. You can enter a specific dollar amount, or a percentage (of the MSRP). In the MSRP field, enter the suggested price for the product. The product seller will not be able to set a price for the product that exceeds this amount. When you are done defining the pricing for the product for the seller, click Add.

6. When you are done setting pricing, click Save on the Set marketStream Channel Pricing page. You are returned to the main product page where you first started entering marketStream Details.

7. To enter different descriptions or select different product images, in the Product Details area, select Override Storefront Settings. Then, in the fields that appear, enter the new descriptions and select the product images as needed. The information you enter here will only be visible in the marketStream Common Catalog.

Tip: You must enter descriptions and select the product images in either the Storefront Settings or the Channel settings. Descriptions and images are required for marketStream products to be saved and added to the Common Catalog.

 

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