Category: Price Management

3 Things That Make Price Management Profitable

What makes retailing profitable? The ability to set prices at that perfect spot of not-too-expensive and not-too-discounted. If prices are set too high, shoppers won’t buy any products that cost more than their perceived...

How To Manage Retail Pricing Effectively

The prices you charge for the merchandise you sell make a difference in how your brand is perceived. Do you reliably have the “best” deals or do you choose to run regular promotions that...

How Can Software Change Your Pricing?

The tools you utilize for price management need to be able to handle the challenges of multiple channels, individualized marketing strategies, simultaneous promotional campaigns, and assorted regions. That’s a lot of information for the...

What Things Happen When You Change Your Pricing?

One of the trickiest parts of retail is price management. There are many factors to take into consideration and those factors fluctuate all the time. Pricing has an effect on both the retailer and...

What Could Be Wrong With Your Pricing Strategy?

Poor price management could be what is causing your business to struggle. Pricing incorrectly even has the potential to trigger a domino effect of pain points that can cause your business to close. But...

Successful Price Management Requires Data

ChainDrive’s Price Management component is an essential part of the integrated retail management solution for today’s omnichannel retailer. Why? Because when multiple channels are part of a retail business, pricing gets complicated. Price management...

Infographic – 5 Ways ChainDrive Software Optimizes Price Management

price management and retail profits

5 Ways ChainDrive Software Optimizes Price Management

Price management is essential for retail success. The software tools that make price management effective have to be professional, fully-supported, and reasonably simple to use. ChainDrive’s Price Management component is part of a completely...

price management and retail profits

Why Price Management Needs To Be Integrated

The value of a completely integrated retail management system cannot be overstated in today’s multi-channel retail environment. Price Management is one area that perfectly illustrates the need for the consistency, transparency, and efficiency that...

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