3 minute read
Maximizing ROI with Epicor and Magento Pricing Management
Pricing management is critical to any company’s ability to succeed and compete in the marketplace. Epicor and Magento, two of the most widely used enterprise resource planning and eCommerce systems, can help companies automate and optimize pricing strategies and stay solvent. By integrating Epicor and Magento with their pricing management systems, businesses can gain a much greater level of control over their pricing.
Using Epicor’s advanced data entry tools, companies can quickly create and modify prices in a variety of formats, including cost, suggested retail price, customer groups, and customer discounts. Pricing can also be applied to individual items or groups of items in inventory, allowing for greater control over prices. Integration with Magento gives companies additional opportunities for individual pricing. Magento offers an easy-to-use framework for managing multi-channel pricing and it is possible to set different prices based on customer type or geographic region. This ensures that customers get the best value for money, no matter where they shop.
By partnering with Epicor’s pricing solutions, organizations can reap the benefits of big data. Epicor keeps details of price history, sales trends, customer feedback and stock levels. This allows companies to develop more accurate pricing strategies that match customer needs and changing market conditions. Pricing is only part of the challenge. Businesses also need to provide their customers with accurate and timely price updates. Epicor and Magento provide tools that businesses can use to quickly update and adjust prices in their systems and notify customers of these changes.
Epicor and Magento offer powerful pricing management solutions. By automating price entry, businesses can stay competitive and stay in control of their pricing strategies. Magento integration allows businesses to customize pricing for different types of customers and geographic locations, while Epicor’s data entry tools and big data capabilities enable businesses to quickly assess and adjust pricing accordingly. Leveraging the power of Epicor and Magento solutions, companies can stay ahead of the competition and increase profits.