Initial Pricing

Setting an initial price for a product is not an easy task. Nor it is based on a product cost only. Each new product from the day of its birth will compete with other product, as offered by other retailers on the internet, as well as with the products within the organization (cannibalization). Each product has its own attributes, including quality, brand, season, elasticity to promotion, vendor deals, and many others. Finally each product will have its own life expectancy. Retalon Initial Pricing is the only way to accurately calculate the unique optimal initial price for each product that maximizes the return on investment in this product. - LEARN MORE

Dynamic Price Management

Retalon's Dynamic Price Management System monitors the current standing of inventory, sales velocity, past and planned events and multiple other attributes to compare the projected performance with the set goals. Depending on the triggers set, the system would recommend price adjustments or some alternative actions in order to achieve the goal set. . - LEARN MORE