Price rules: markup, rounding and minimum price
How Toldo calculates your Mercado Libre price from Shopify: percentage, fixed amount, .99 rounding, minimum price and what happens with promotions.
This feature is rolling out: we're turning it on in stages with our founding partners. What this guide describes may change before general availability.
In short
If you turn on price updates, Toldo calculates the Mercado Libre price from the Shopify price: it adds a percentage (for example, to cover commissions) and a fixed amount, rounds the result (for example, to .99) and never lets it fall below your minimum price. If a listing has an active or scheduled promotion, Toldo doesn't touch its price.
Price updates are off by default
By default, Toldo doesn't touch your Mercado Libre prices: you keep managing them on Mercado Libre. If you turn price updates on, Shopify takes over and Toldo calculates each listing's price with your rules.
How the price is calculated
Toldo applies these steps, in this order:
- Percentage. Adds a percentage to the Shopify price, for example 12% to cover Mercado Libre's commission. It can be negative, from −90% to 500%.
- Fixed amount. Adds a fixed amount, for example $20 for the shipping cost.
- Rounding. No rounding, up to the next whole number, or to a price ending in .99.
- Minimum price. If the result is below your minimum price, Toldo uses the minimum.
Example. A product costs MXN $499.00 in Shopify. Your rules: 12%, plus $20, rounding to .99, minimum $550:
- 12%: $499.00 × 1.12 = $558.88
- Plus $20: $578.88
- Rounding to .99: $578.99
- The $550 minimum doesn't apply: the price on Mercado Libre is $578.99
Rounding
| Option | What it does | Example |
|---|---|---|
| No rounding | Keeps the exact price | $578.88 |
| Whole number | Rounds up to the next whole peso | $579.00 |
| Ending in .99 | Rounds up to the next price that ends in .99 | $578.99 |
Rounding always goes up, never down.
Promotions
Before changing a price, Toldo checks the listing's promotions. If there's one that is active or scheduled, it doesn't change the price and tries again at the next sync: on Mercado Libre, lowering the price below an offer removes the offer.
If Toldo can't read a listing's promotions, it doesn't change its price either.
Special cases
- Listings with variations. In listings with variations (the model before User Products), all the variations share one price. Toldo uses the highest of the prices your variants call for, so it doesn't lower the price of any of them.
- Clásica and Premium. Listings of the same user product share stock but not price: each one gets the price your rules produce.
- Currency. Toldo doesn't convert currencies. If the listing is in a different currency from your store, Toldo doesn't change its price and shows it to you.
Steps to set up your price rules
- Open your connected account. In Toldo, go to Marketplaces and choose your Mercado Libre account.
- Turn on price updates. From then on, Shopify is in charge of your Mercado Libre prices.
- Set the percentage and the fixed amount. Think about the commission and the shipping cost you pay on Mercado Libre.
- Choose the rounding and the minimum price. The minimum protects you from selling below your margin.
- Check the preview and save. Toldo shows you the resulting price before it sends anything.
Frequently asked questions
Does Toldo change my prices in Shopify?
No. Toldo only reads your Shopify prices and, if you turn on price updates, writes your Mercado Libre prices.
What happens if I change a price by hand on Mercado Libre?
With price updates on, Shopify is in charge: Toldo replaces that price at the next price sync. If you'd rather manage prices on Mercado Libre, leave price updates off.
Does Toldo create or change promotions?
No. Toldo respects your promotions: while one is active or scheduled, it doesn't change that listing's price.
Was this guide helpful?
Your email app will open with a message ready to send us.