Introduction
Expanding your business globally means not just offering good prices, but also showing product information in the right language and format for each region.
UnoPim, an open-source Product Information Management (PIM) system, makes managing multi-currency pricing easy and efficient.
In this blog, we’ll show you how UnoPim handles multi-currency pricing, how to set it up, and why it helps your business grow.
Why Multi-Currency Management is Crucial for Global Business
When you sell in different regions, you need to deal with many types of currency.
Manually updating prices in each currency takes a lot of time and can cause mistakes.
This makes it hard to give customers a smooth shopping experience.
Key Challenges Without Proper Currency Management:
- Manually changing price lists for every currency
- Risk of inconsistent data across channels
- Takes a lot of time and can cause mistakes
- Difficulty in expanding to new markets
UnoPim solves these challenges by providing a centralized platform to manage currencies and product prices across multiple sales channels.
Core Multi-Currency Features in UnoPim
UnoPim provides an effective but simple way to manage currencies and product pricing.
- Currency Creation: Easily create new currencies and define attributes like code, symbol, and decimal precision.
- Channel-Based Currency Assignment: Assign multiple currencies to different channels based on market needs.
- Multi-Currency Product Pricing: Assign different prices to products for each currency in a channel.
- Enabled/Disabled Status: Control which currencies are active and visible for operations.
Step-by-Step: Setting Up Multi-Currency in UnoPim
1 – Access the Currency Management Section
- Log in to your UnoPim dashboard.
- Go to Settings → Currencies.
- See your current currencies or click “Create Currency” to add a new one.
2 – Add a New Currency
- Provide the following information:
- Code (e.g., USD for US Dollar)
- Symbol (e.g., $)
- Decimal Places (usually 2)
- Status: Enabled to activate the currency.
- Click Save to create the currency.
3 – Assign Currencies to Sales Channels
- Navigate to Settings → Channels.
- Select a channel (for example, your eCommerce website).
- In the Currencies section, select multiple currencies relevant to that channel.
- Save the settings.
4 – Set Product Prices Per Currency
- Open the Products section.
- Select the product you want to configure.
- In the pricing section, assign a price per currency linked to the channel.
- Save the product data.
Managing Product Pricing Efficiently
With UnoPim, updating and managing product pricing becomes streamlined.
- All product prices for different currencies are managed in one place.
- No need to duplicate products for each currency.
- Product price updates in UnoPim instantly reflect across the connected channels.
This structure helps businesses work faster, with less manual work and fewer pricing mistakes.
Why Businesses Choose UnoPim for Multi-Currency Management
- Scalable for Growth: Easily manage pricing as you expand to new countries.
- Faster Time-to-Market: Set up currencies and channels once, and apply them to multiple products easily.
- Centralized Data Management: Keep all product and pricing data clean and synchronized.
- Flexible and Developer-Friendly: UnoPim’s modular structure allows customization if needed.
Additional: Learn more about UnoPim currencies and how to set them up in the official UnoPim Documentation.
For step-by-step instructions, visit the UnoPim blog:
How to Create Currency in UnoPim
Conclusion
Managing product prices in multiple currencies is no longer a challenge with UnoPim.
Its user-friendly interface helps you set up currencies, link them to sales channels, and handle pricing efficiently.
Whether you’re beginning your global expansion or already selling in several regions, UnoPim’s multi-currency features keep your pricing consistent and let you focus on growing your business.