Use Price Management to set levels and track performance
It should come as no surprise that the success of a retail business is very much dependent on its prices. Unless you happen to be selling entirely unique and exclusive products – which most business cannot say is the case – you will undoubtedly have competition for customers, and one of the best ways to win that battle is through aggressive pricing. ChainDrive’s retail management software package provides users with an effective Price Management tool that will help you set prices, make the right changes, and monitor the performance of your business as a result.
One of the unique features of our Price Management system is its Rules Manager, which is built to support promotional campaigns and sales of all kinds. Set specific rules by product, department, or by an entire store. You can create buy-one-get-one deals, half-off deals, and much more. Providing customers with sales and other special offers is integral to maintaining customer loyalty and developing your reputation as a good business with competitive prices. The Rules Manager can exclude certain products and set time frames for each promotion, as well.
All access to pricing options can be monitored and maintained through our software’s comprehensive Security system. You can be sure that only authorized personnel will have access to pricing controls so that you can maintain the protection and safety of your business and its assets.
Price Management will also generate useful reports that outline how your business has responded to price changes. This is absolutely vital to developing the right strategies for pricing. Find out if what you have been doing is working or if it is causing more problems than before. Making the right changes and then tracking them is the best way to get ahead in the pricing competition and ChainDrive can support you at every step of the way.
Get Price Management software and excel your business to the next level!