Wholesalers
Self distributing retailers are capturing the benefits of price optimization, but how do you provide this service to your retail customers? KSS Retail understands the operational and data challenges of the wholesale market and can help you and your customers capture the benefits of price optimization.
You’re the middleman—generally without a lot of pricing latitude. Your business lies more in the volume of your sales than the margins in your prices. So, customer loyalty is key to your success—and that calls for enhancing your customer relationships by offering services that help you both achieve your profitability goals.
The KSS Retail price optimization solution is the tool that can help you protect and support your customers’ margins—and solidify your relationships. It offers a faster, easier and far more effective method of helping you advise your customers on developing pricing that aligns with consumer demand—and accounts for the competition.
By leveraging your historical shipment with your customer’s point-of-sale data, KSS Retail can help you advise your customers on:
- Pricing according to competitive items, and what price to set
- Learning what the optimum spread of private label to national brand is, by category
- Finding the items that are under-priced, as well as the ones that are over-priced
- Determining which promotions are driving store traffic and increasing category purchases
- Better evaluating promotions that are increasing volume but diminishing category profits