Tagged: price management

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...

price management and retail profits

Find The Balance In Price Management

There is definitely a balancing act happening in Price Management because a good price point is narrow. It’s tricky to consistently keep pricing on-point across the growing channels of an enterprise. On the one...

price management and retail profits

Avoid Inefficient Price Management

When price management isn’t done right, there will be a domino effect. The wrong choices in price affect customers who then go somewhere else to find the product. Often those customers will give poor...

price management and retail profits

What Impact Do Prices Have On Profits?

E-book distributor Smashwords has done some studies on e-book pricing, and what they’ve found is that $2.99 is one of the best price points for e-books in any genre, hence the reason that is...

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