Terminologies you need to know

Base Product

The main product in which variations will be added or in which attributes will be added or from which variations will be deleted.

Base Price

This value will be used for calculating final price of variation or for setting price, in case you are setting attributes in product/s. This is not stored anywhere, it is used only for calculation of final price.

Differential Price

You can enter price per attribute. This differential price along with base price will make final price of variation. This will be helpful when price of variations are based on attributes used in that variation.

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