What Your POS Can Tell You About Your Product Pricing

For businesses that sell products, pricing poses an ongoing challenge. It’s important to make a profit without sending customers scrambling to competitors. Brands can offer price-matching guarantees and monitor pricing on a daily basis, but customers could be a step ahead. It’s important to constantly reevaluate sales reports to find the right price point to make money without scaring off customers.

If your business uses a point-of-sale (POS) system to process orders, you could have the...

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