Managing Buy One, Get One (BOGO), Promotions & Discounts
Streamline Your Promotion Management with Rockton Pricing Management
Companies That Trust Rockton
Key Benefits of Promotion Management with Rockton Pricing Management Software
Choose the best option between promotional discounts and ordinary discounts.
Calculate complex, multi-layered discounts with ease.
Run a date-driven promotion for specific items seamlessly.
Apply promotional pricing based on coupon or promotional codes.
Adjust pricing and apply discounts for BOGOs, even with unrelated items.
Efficient Solutions for Complex Promotion Management
Date-Driven Promotions
Simplify date-driven promotions by setting them up once in the system. They will automatically apply during the specified timeframe, eliminating manual adjustments.
Take the Best of Discounts and Promotions
When a customer qualifies for both a routine discount and a promotion, RPM will automatically evaluate both options and apply the best one, ensuring optimal savings.
Volume-Related Discounts for Related Items
RPM can assess line items, identify related products, and apply volume-related discounts across multiple items as needed, making it easier to manage complex discounts.
Apply Pricing for Unrelated BOGOs
Adjust pricing for BOGOs even when the items aren’t identical. RPM automatically applies the discount to the appropriate line item, ensuring accurate pricing.
Unlimited Discounts and Unlimited Promotions
Unlike other accounting/ERP software with a single discount field, RPM tracks unlimited discounts and can optionally assign each discount to its own General Ledger account.
Stack Discounts in Two Ways
RPM offers the ability to determine how discounts are applied, either stacked or combined.
Evaluation of Historical Sales
Similar to BOGO, RPM evaluates historical customer purchases to provide discounts for volume purchases, using past data to drive special pricing conditions.
Coupon Codes
Utilize custom fields on your order entry screen as “document attributes” to drive special pricing rules. Enter coupon codes, catalog codes, promo codes, and more to trigger specific pricing.
Use Cases of How Rockton Pricing Mangement Solves Common Promotion Management Issues
Example 1:
Suppose you have two customers. Customer A routinely gets a discount of 10% off List Price, while Customer B gets 20% off List Price. You run a promotion for 15% off List Price. RPM will calculate so Customer A gets 15% off and Customer B gets 20% off, because the best is applied to each scenario.
Example 2:
Suppose you want to offer a discount if a customer buys 100 t-shirts, but you have red and blue t-shirts on separate line items. If a customer purchases 50 red t-shirts and 50 blue t-shirts, RPM will evaluate those line items together, see they pass the 100 mark, and apply the discount to both lines.
Example 3:
Suppose you have 5% and 10% discounts. There are two ways to apply those discounts to a $100 price. $100 less 5% yields $95, then 10% less yields $85.50. Or you can say 5% off and 10% off yield $85.00 because both discounts are from the starting value.
6 Key Benefits of RPM Implementation
Identifying Misalignments & Building Clarity
Identify miscommunication and assumptions between departments and align the organization on current practices, inefficiencies, and areas for improvement.
Designing an Optimized Process
Facilitate discussions on what’s working, what’s not, and what can be improved to establish a clear strategy to achieve business goals.
Driving Change Management
Guide teams in overcoming resistance to change, reinforce alignment with strategic goals, and foster understanding and commitment.
Mapping Business Goals into RPM
Translate high-level business objectives into concrete calculations and configurations within Rockton Pricing Management.
Comprehensive Training & Empowerment
Provide extensive training to ensure multiple teams can set up, validate, and maintain the system, ensuring continuity, accountability, and adaptability over time.
Ensuring Long-Term Sustainability
Equip the company with the tools and knowledge to adapt the system as the business evolves, ensuring long-term innovation and success.
Rockton Pricing Management is the most flexible, powerful, multi-platform pricing solution you’ve ever used.
See the full list of pricing challenges it solves:
How Much Does Rockton Pricing Management Cost?
Pricing is based on the number of system user licenses in your primary accounting/ERP system. All monthly subscriptions include UNLIMITED product support with Rockton Software. Implementation services are required for Rockton Pricing Management.
Hear It From Real Users of Rockton Pricing Management
The Latest Rockton Pricing Management News...
Understanding Vendor Rebates and Their Importance
Vendor rebates play a crucial role in various industries, benefiting companies that handle rebates from their vendors. These companies can vary widely in size, ranging from $5 million to $500 million in revenue or more. What is a Vendor Rebate? A vendor rebate is a...
Customer Testimonial: Camp Systems
Simplify Complex Pricing with Rockton's Pricing Management SolutionIn today's fast-paced business environment, managing intricate pricing structures can be a huge challenge - especially for companies with a large customer base and a wide range of products. Camp...
Customer Testimonial: Progressive Components
Progressive Components: Transforming Complex Pricing Challenges with Rockton's Pricing Management SolutionProgressive Components faced a daunting pricing challenge: managing over 10,000 items, thousands of customers, invoicing hundreds of documents daily, and handling...