3 minute read
Epicor P21’s Approach to B2B New Product Introductions
Epicor P21 is comprehensive ERP software designed specifically for wholesalers and retailers. With comprehensive features and robust capabilities, it is the solution to manage all aspects of your business, from inventory and sales to finances and customer relations. A key aspect of any business is new product launches, and Epicor P21 handles this with ease with its B2B new product launch process. In this blog post, we’ll take a look at how Epicor P21 manages new B2B product launches and why it’s a game changer for wholesalers and retailers.
First, let’s understand what a B2B new product launch is. This refers to the process of bringing a new product or service to market so that other companies can buy it. In wholesale and retail, new B2B product launches are a common occurrence as companies strive to remain competitive and meet the changing needs of their customers. However, this process can be challenging because it involves multiple stakeholders and complex supply chains. This is where Epicor P21 comes to the rescue.
The process of bringing a new Epicor P21 B2B product to market begins with the creation of a detailed product portfolio that includes all product specifications, pricing information, and digital assets. This portfolio serves as a central repository for all product information and is easily accessible to the sales team and customers. The sales team can then use this information to create attractive sales pitches and present relevant offers to potential customers.
One of the key benefits of using Epicor P21 when launching new B2B products is its strong integration features. It integrates seamlessly with other systems such as CRM and eCommerce platforms, ensuring a smooth flow of information between different departments. This enables effective collaboration and communication, keeping everyone involved up to date throughout the entire process of introducing a new product to the market.
Additionally, the new Epicor P21 B2B products also include new product production and inventory management tools. This allows manufacturers to adjust their production schedules and existing inventories to meet demand for the new product. It also enables real-time tracking of inventory and sales, so wholesalers and retailers can quickly respond to changes in customer demand.
In summary, the Epicor P21 B2B new product launch process is a powerful tool for wholesalers and retailers. It streamlines the complex process of introducing a new product to the market and ensures a smooth flow of information between all parties involved.