Don’t Drop The Ball On Price Management
Price management is like juggling. It takes skill, attention, and consistency to keep all the balls smoothly zipping around in the air without dropping any on the ground. If you are not skillful, attentive, and consistent; that is exactly what happens.
ChainDrive’s Price Management solution allows you to set and apply rules for all the different balls that pricing involves, whether it be promotional campaigns, dates, classifications, or more. Security rules can be set for limiting authority to change prices. The promotional rules manager is your secret weapon in juggling price management.
No matter how many promotional campaigns are concurrent, all of them will be easily seen at the point of sale. Campaigns can be individualized for location or zone, even online. Different pricing needed? No problem. You can even create special pricing for customers who have opted in with their contact information or signed up for something like your newsletter.
Security is one of those balls that you cannot drop without serious consequences. ChainDrive Price Management solution lets you have full control of who can do what all across the system. POS discounts and price changes can only be done by those you authorize.
Analysis and optimize pricing can only be done with accurate reporting. If you don’t know how the price has changed in the past, how can you tell if it was effective? Knowing when and which markdowns were done, how many sales were made, and all the other details helps you keep your business as profitable as possible.