Creating price rules

Price rules are used to update a product's price in quote lines and automate price calculations in CPQ. They are an extension of out-of-the-box CPQ functionality. These rules are helpful for your business when you have products that change in response to the presence of other products in a quote. Price rules allow admins to conditionally update the value of any field (not only the price) in the quote, quote line, or quote line group. Price rules are useful if you need product values to dynamically change based on other products in the quote. For example, if your rep wants to sell two ink cartridges and one printer paper whenever a printer is sold, then a price rule could be created to automatically add two cartridges and one printer paper when a printer is added to the quote. Price rules also can handle dynamically changing data for subscriptions by utilizing MDQ (multi-dimensional quoting). Price rules can also be used in quote templates, which we will learn...