Price Management software helps you control performance
Competing in the retail industry means being on top of absolutely everything related to your business. This includes having competent employees, strong marketing strategies, quality products, thorough customer service, and much more. But it’s no secret that the prices of your products are extremely important to the customer. Balancing price with quality and availability is a crucial part of managing a successful retail business.
ChainDrive offers retail professionals a comprehensive management solution that uses formula-based software to assist you in making all of the important decisions needed to reach the top. Our retail management software package includes a handy Price Management tool that helps you control price levels across all stages of a product’s life cycle to get the most out of your inventory.
One of the most useful features in Price Management is the Rules Manager module. This will allow you to control promotional offers and campaigns that drive more business to your stores. It is absolutely crucial to offer customers a reason to shop at your locations. That’s why you need to use the Rules Manager to set up buy-one-get-one, half-off, and other promotions on a regular basis. Making more sales as a result of this will outweigh any losses by cutting prices for these campaigns.
Our Price Management software is also fully secure. All access to pricing changes and other sensitive information is controlled by the system-wide security manager.
This software can also develop effective reports to help you gauge how your actions have affected your performance. Use this on a regular basis to gain insight into what is and isn’t working in regards to pricing. Take total control over your price levels.