Knowledgebase
How to add catalog price promotions in Magento
In Magento you can add discounts that are applied to the prices of the products in your catalog based on different criteria. To do this in the admin panel go to Promotions menu>Catalog Price Rules. On the page that opens if there are existing catalog price rules they will be listed in a table. You can edit a price rule by clicking on its row in the table. To add a new one click on the Add New Rule button that's above the table.
On the price rule add/edit page that opens there are three buttons on the left: Rule Information, Conditions, Actions. Clicking on each one will display different settings. In the Rule Information section there are general settings related to the price rule. Type a name and optionally a description of the price rule in the respective fields (for internal use). If you want the price rule to be active set the Status drop-down menu to Active. From the Websites and Customer Groups options select the websites and customer groups to which you want the rule to apply. If you want the price rule to be active only throughout a certain period of time, specify that period in the fields for From Date and To Date. You can use the Priority option to set when the rule should be applied in relation to other price rules. Those with a lower number for priority (e.g. 0) are applied first.
Click on the Conditions button on the left to configure the price rule conditions. By default, the rule is applied if all the conditions that you add are true. You can change that by clicking on ALL and TRUE respectively. Drop-down menus will appear with which you can change ALL to ANY and TRUE to FALSE. To add a condition click on the small green plus button. A drop-down menu will appear from which you can select whether the condition should be a category, an attribute or an attribute set. An attribute can be used for conditions only if its option Use for Promo Rule Conditions is set to Yes (you can do that by going to Catalog>Attributes>Manage Attributes and editing the particular attribute). After you select the type of condition you need to select a value (or values). To do that click on the three dots that appear next to the condition (on the right side). You can also change the conditional statement. By default, it's set to is. When you click on is a drop-down menu will appear from which you can select another option.
Click on the Actions button on the left to set the discount amount and the way it's calculated. Use the Apply drop-down menu to select whether the discount should be calculated as a percentage of the original price that's subtracted from it, whether the discount should be a fixed sum that's subtracted from the original price, whether the final price should be calculated as a percentage of the original price or whether the specified discount should be a fixed sum that's not subtracted from the original but is the final price instead (the options as described are respectively By Percentage of the Original Price, By Fixed Amount, To Percentage of the Original Price and To Fixed Amount). In the field for Discount Amount type the number for the discount. From the other options you can select whether the discount should be enabled for subproducts and whether further processing of price rules should be enabled after this particular price rule has been applied.
To save and apply the price rule immediately click on the Save and Apply button.
For more details and screenshots you can also read the tutorial on managing catalog price rules in Magento.