That mountain of vendor cost increases you face may not seem like good news…but it presents a once in a lifetime opportunity.
Still, you might worry that increasing margin will cause issues. That’s why this is the time to focus on pricing. You can use the cover of vendor increases to:
- Identify 30% of your sales that are not price sensitive
- Increase margin on these 4 to 5 points without reducing sales
- Make sure you protect price sensitive sales
- Simplify your customer contract pricing
- Improve how you segment customers for pricing
- Increase margin on incidental non-stock sales by 5+ points
- Help your sales team make better pricing decisions
Plus, we can show you how to make it much easier to manage vendor cost increases.
Register Here for our 30 minute webinar on Tuesday, November 2, 2:00 p.m. CDT