Price lists are very useful in situations where we need to set a specific price for a set of customers for some particular products or complete products. We can define pricelist rules for customers and when that customer satisfies the condition specified in the rules, then that pricelist will be applied. We can use price lists to provide discounts to our customers whenever he purchases a minimum quantity of products. Or we can use it to provide seasonal discounts by setting the starting date and ending date to a pricelist rule.