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Salesforce Revenue Lifecycle Management: How to Create a Product

  • To create a product in Salesforce Revenue Lifecycle Management, start by heading to the Product Catalog Management section and clicking on Products.
  • Click the New button to launch the product creation screen, fill in details like product name, SKU, and activate the product.
  • Specify if the product should be assetizable and should be sold with other products or on its own.
  • Choose the selling model - one-time purchase, subscription, or term basis; add the product to a price book with a list price.
  • Assign the product to a category in the catalog for better organization.
  • Sync pricing data through the Setup menu to update the product's pricing information.
  • Test the product's integration with the quoting process by refreshing the quote, browsing catalogs, and adding the product to verify calculations.
  • Creating a product in Salesforce Revenue Lifecycle Management streamlines catalog management and ensures accurate quoting.
  • The process is user-friendly but for further assistance reach out for more guidance.

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