Successful fashion brands and retailers have learned that manual price monitoring is a thing of the past. It’s labor-intensive, time-consuming and worst of all, it’s ineffective, with critical data gaps that can leave a brand vulnerable to costly pricing mistakes. Knowing when to discount, where opportunities lie for price increases and remaining competitive against similar brands and products are the key to optimizing your sales in today’s continuously changing digital world. Don’t make million-dollar decisions based on faulty data. Today, you need to stay ahead on the temperature of trends and your competitors’ assortment mixes within the context of both real-time and historical data.
Download Centric Software's free eBook and gain a better understanding of how comprehensive pricing monitoring gives brands and retailers a competitive edge in the intensely competitive world of e-commerce.