[TEANECK, July 24, 2015] — Price Manager, a leading provider of subscription-based software, offers technologies that enable daily MAP (minimum advertised pricing) policies tracking. MAP compliance dramatically affects sales volume and bottom line, which is why it is a crucial part of any pricing strategy. By monitoring dealer’s prices closely, manufacturers are able to keep their reputable brand image and service quality, and promote healthy competition at the same time. Price Manager’s software automatically notifies dealers or responsible sales representatives of MAP violations. Enforcing policies, especially among vendors, becomes easier.
Empowerment through Technology
Price Manager’s technologies protect businesses by providing competitive intelligence. The software features daily MAP tracking, sending automated emails to vendors to strictly enforce policies.
This helps maintain the manufacturer’s reputable brand image. Price Manager’s technologies prevent dealers from offering unreasonable discounts, which reduces the value of the product in the consumer’s eyes. In the same way, it preserves the consumer perception of ‘luxury’ or ‘exclusivity’ of high-end brands.
Moreover, strict enforcement of MAP policies through Price Manager’s software fosters healthy competition among vendors. As the tool sends out enforcement emails, it keeps price wars at bayand redirects dealers to the goal they must prioritize: great customer service. Instead of slashing prices, dealers will shift their focus toward improving services to increase sales.
Innovation at its Finest
Other than daily MAP tracking and sending automated emails, Price Manager’s tool features historical violation trends and identifies violation leaders. Clients can also use the software to monitor individual sites, marketplaces and/or shopping engines and track pricing of competing manufacturers. These can all help in establishing a pricing strategy that boosts profits.
The Price Manager team explains that the tool is a SaaS solution, therefore, set-up is not necessary. The software providers add that the technology can track prices in over 30 countries and convert currencies. Clients can count on its reliability as the Quality Assurance team guarantees highly accurate matching.
About Price Manager
Being in the service of retailers and manufacturers for years, Price Manager has established a reputation of excellence, innovation and professionalism in the industry. The team’s commitment has always been to provide cutting-edge technologies that offer actionable and meaningful online pricing data and other competitive intelligence. Through Price Manager's tools, businesses are able to make informed decisions, which translate to increased profitability and sales.
For more information, visit http://pricemanager.com.