Creating a bundle product with Salesforce Revenue Lifecycle Management (RLM)

Video Summary

The video tutorial focuses on creating a bundle product using Salesforce Revenue Lifecycle Management (RLM). Here are the key technological concepts and features discussed:

• Adding Existing Bundle Products:

  The tutorial begins by demonstrating how to add an existing bundle product (Tesla Model 3) to a quote. Users can browse the product catalog, apply filters (e.g., by category), and select products to include in their quote.

• Product Configuration:

  The configurator allows users to select various options for the product, such as paint color and wheels. The system updates pricing based on selections, showing included items as free and allowing for multiple purchasing options (e.g., one-time purchase or subscription).

• Creating a New Bundle Product:

  The tutorial transitions to creating a new bundle product (Tesla Model X). Steps include setting up product details, configuring it to be a bundle, and ensuring it is active and available for sale.

• Price Book and Product Structure:

  The video explains how to add a price book entry and define the structure of the bundle, including product groups for wheels, autopilot options, charging options, and accessories. Each product group can have minimum and maximum selection limits, and users can add specific products to each group.

• Finalizing Product Setup:

  The tutorial concludes with assigning the new product to a catalog, syncing pricing data to make it available for quoting, and verifying the configuration through a quote.

• Testing the Configuration:

  After creating the new bundle, the user tests the configuration by adding it to a quote, ensuring that all selected options and pricing are correctly reflected.

Speakers/Sources

The video does not specify individual speakers but presents a structured guide on using Salesforce RLM for product bundling.