Competitors Prices Monitoring and Price management

The price management is one of the most effective business tools. Frequently the proper price policy allows the enterprise to survive in the conditions of severe struggle for the customers. Results of marketing researches show that among consumers which are ready to change the suppliers, one third denote the low prices as a determinative factor of the new supplier selection. Practice shows that the destiny of big contracts can be solved in the simplest way - decreasing of the price. Price monitoring allows tracking the price situation at the market in order to find out competitors that aspire to increase sales volume at the expense of prices reduction, and also those suppliers which increase prices so perhaps they possess effective non-price methods of sales stimulation within their business arsenal. The list of price monitoring standard data includes the following information:

• Variants of the price depending on order volumes
• The size of warehouse stocks
• Delivery terms
• Terms of reception of additional discounts

VIP Task Manager is team task planning, reporting, tracking and analyzing software that can be used within sales department for sales planning and reporting. VIP Task Manager is client-server Windows-based multi-purpose software. Owing to its flexibility it can be customized for purposes of price, sales and marketing management. VIP Task Manager is a collaboration suit that allows small team projects management, documents management and calculation management, so it can be used as instrument of marketing researches management. As sales team management system VIP Task Manager features:

• Multiple users simultaneous database access, free server application;
• Sales personnel management;
• Tasks and sales plans assigning, reporting, tracking, analyzing;
• Customizable workflows, additional task attributes, calculations, formulas;
• Building of Marketing researches and small projects break-down structures with a help of Task Tree mode;
• Team performance planning and analyzing with a help of convenient flexible Scheduler(Calendar) mode;

Read also a new article about process management - Windows based live small business software solution