How Can Price Optimization Software Help You Stay Competitive?
Price Optimization Software Need : Remember the good old days when things were simple? When pricing a product was a straightforward affair? The distributor would arrive at the store with the merchandise and let them know what is the recommended retail price for every product. The recommended retail price was fixed, normally X2.2 the price the distributor was charging the store for the product. The price the distributor was charging the store was X2 what it paid for the manufacturer. That’s a high margin come to think of it. Without the distributor products could have been sold at half the price, but how can a shoemaker from Italy reach dozens of stores in London personally? Price Optimization Software With online retailing, the cards have been completely reshuffled. The shoemaker can now open an online store and sell directly to consumers all around the world, with very simple logistics. Did it make stuff cheaper since the distributor is out of the loop? No. Do manufacturers pock