Are You On Top Of Price Changes?
Your customers can stay on top of price changes online. Are you ready for that? Shoppers are accustomed to keeping track of changing prices in airlines tickets and hotel rooms, so it’s not much of a stretch for them to pay attention to the prices they encounter in retail stores. All the savvy saver has to do is whip out a smartphone and the whole array of price options are available.
This means that retail price management has to be transparent and consistent throughout your channels. Automatic updating that is integrated throughout each channel allows multiple promotional campaigns to be accurate at the point of sale. Web-only sales or other pre-determined zones can be coordinated with CRM data to create specific promotions.
Staying on top of price changes keeps the problem of huge discounts from eating into your profits. Having all the data at hand, both historic and real-time in all of your channels, makes it possible to analyze accurately. The only way to have all that data along with all that control is by utilizing a software able to manipulate the information for optimal strategies and optimize retail pricing across all channels. .
ChainDrive Gives The Power To Stay In Control Of Pricing
With ChainDrive’s Price Management component there is all the power and functionality retail managers need to be successful. In addition to being designed by retailers, the price management software system is customizable for specific applications:
- Set prices by geographical or pre-determined zones
- Create promotional campaigns – permanent or timed
- Control access to all price changes
- Analyze, monitor and track price changes and performance
- Set initial markup minimums
- Change prices by dollars or percent
- Create user lists for price changes
Stay on top of the changes in pricing and stay competitive with ChainDrive price management software system.