Pricing
Adjust your prices without giving up your margins
Notung helps you adjust prices as you go when some products start turning over at an unusual rate.
Talk to usPrices & discounts
Adjust your prices dynamically
Notung brings together, item by item, how your sales are moving, the value of your stock, the year-end rebates you have planned and how your production and sourcing costs are changing. An agent then suggests price adjustments that balance stock turnover against your margins, in light of market prices.
In Notung’s price review, the retail margin after the review appears with the counts behind it, then the items below their target margin. The price review agent goes down the list: it raises three prices whose costs went up, and proposes a promotion on an oak bench with no sale for 120 days, which keeps a 35.4% margin. A person opens the promotion and validates it.