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RRP Lists

One tool for your whole company. Free for teams to try.

This building block sets the SYMSON price to the RRP value supplied by the user during data import

These prices can also be edited manually within SYMSON

Apply discounts and promotions

Using RRP as your base price, you can use SYMSON to add discounts and promotions

Apply based on brand groups

If you are re-selling a branded product, the manufacturer may stipulate a certain RRP for their products. You can set up a product group based on brand and/or model and apply the appropriate RRP

Use in combination with Competitor Pricing or mark ups

Using RRP as a point of reference, capture the best value by benchmarking against competitors and/or adding your markup percentage.

RRP-based Pricing for a Retail Electronics Store

For example, a retail brand that sells electronics wants to stock a newly launched model of a laptop. The store receives the RRP from the manufacturer. Their contract stipulates that they comply with the RRP to be able to sell these laptops. This company can use SYMSON to set prices for their laptop automatically. They can use SYMSON’s smooth API to import RRPs into the platform. They can then use the RRP price strategy and apply it across the new product group. These prices can then be exported to use on their own website or business management system.

RRP based Pricing for an Online Webshop

A company selling various consumer goods wants to get more consistency in their pricing and avoid significant price variations among distribution channels. They want to use RRP to ensure that customers feel that they are getting a fair deal based on the market prices. Using SYMSON’s price list feature, they can use RRP to maintain a consistent pricing across their products and channels.

This building block sets the SYMSON price to the RRP value supplied by the user during data import

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These prices can also be edited manually within SYMSON

Read More

A price list is a document or catalog that outlines the prices of goods, products, or services offered by a business or organization. It provides a structured and comprehensive overview of the prices associated with different items or services, allowing customers or clients to easily understand and compare pricing information.

WHY AND HOW TO USE PRICE LISTS

Users can import their price lists into SYMSON which can then be used to set prices. Use the RRP based pricing block in the SYMSON platform. This building block sets the SYMSON price to the RRP value supplied by the user during data import (or edited in SYMSON). Users can also export price lists from the platform to use in different ways across the business.

Apply discounts and promotions

Using RRP as your base price, you can use SYMSON to add discounts and promotions

Read More

Apply based on brand groups

If you are re-selling a branded product, the manufacturer may stipulate a certain RRP for their products. You can set up a product group based on brand and/or model and apply the appropriate RRP

Read More
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RRP List

One tool for your whole company. Free for teams to try.

Pricing Strategy
RRP-based Pricing

A price list is a document or catalog that outlines the prices of goods, products, or services offered by a business or organization. It provides a structured and comprehensive overview of the prices associated with different items or services, allowing customers or clients to easily understand and compare pricing information.

WHY AND HOW TO USE PRICE LISTS

Users can import their price lists into SYMSON which can then be used to set prices. Use the RRP based pricing block in the SYMSON platform. This building block sets the SYMSON price to the RRP value supplied by the user during data import (or edited in SYMSON). Users can also export price lists from the platform to use in different ways across the business.

PRICING LOGIC

This building block sets the SYMSON price to the RRP value supplied by the user during data import

These prices can also be edited manually within SYMSON

Using RRP as your base price, you can use SYMSON to add discounts and promotions

If you are re-selling a branded product, the manufacturer may stipulate a certain RRP for their products. You can set up a product group based on brand and/or model and apply the appropriate RRP

Using RRP as a point of reference, capture the best value by benchmarking against competitors and/or adding your markup percentage.

For example, a retail brand that sells electronics wants to stock a newly launched model of a laptop. The store receives the RRP from the manufacturer. Their contract stipulates that they comply with the RRP to be able to sell these laptops. This company can use SYMSON to set prices for their laptop automatically. They can use SYMSON’s smooth API to import RRPs into the platform. They can then use the RRP price strategy and apply it across the new product group. These prices can then be exported to use on their own website or business management system.

A company selling various consumer goods wants to get more consistency in their pricing and avoid significant price variations among distribution channels. They want to use RRP to ensure that customers feel that they are getting a fair deal based on the market prices. Using SYMSON’s price list feature, they can use RRP to maintain a consistent pricing across their products and channels.

How to Apply RRP-based Pricing

SYMSON’s versatile pricing engine allows you to combine RRP-based pricing with other pricing strategies and/or across different product groups

  • This building block sets the SYMSON price to the RRP value supplied by the user during data import

  • These prices can also be edited manually within SYMSON

  • Apply discounts and promotions

    Using RRP as your base price, you can use SYMSON to add discounts and promotions

  • Apply based on brand groups

    If you are re-selling a branded product, the manufacturer may stipulate a certain RRP for their products. You can set up a product group based on brand and/or model and apply the appropriate RRP

  • Use in combination with Competitor Pricing or mark ups

    Using RRP as a point of reference, capture the best value by benchmarking against competitors and/or adding your markup percentage.

  • RRP-based Pricing for a Retail Electronics Store

    For example, a retail brand that sells electronics wants to stock a newly launched model of a laptop. The store receives the RRP from the manufacturer. Their contract stipulates that they comply with the RRP to be able to sell these laptops. This company can use SYMSON to set prices for their laptop automatically. They can use SYMSON’s smooth API to import RRPs into the platform. They can then use the RRP price strategy and apply it across the new product group. These prices can then be exported to use on their own website or business management system.

  • RRP based Pricing for an Online Webshop

    A company selling various consumer goods wants to get more consistency in their pricing and avoid significant price variations among distribution channels. They want to use RRP to ensure that customers feel that they are getting a fair deal based on the market prices. Using SYMSON’s price list feature, they can use RRP to maintain a consistent pricing across their products and channels.

RRP List Pricing in Practice

This building block sets the SYMSON price to the RRP value supplied by the user during data import

These prices can also be edited manually within SYMSON

Apply discounts and promotions

Using RRP as your base price, you can use SYMSON to add discounts and promotions

Apply based on brand groups

If you are re-selling a branded product, the manufacturer may stipulate a certain RRP for their products. You can set up a product group based on brand and/or model and apply the appropriate RRP

Use in combination with Competitor Pricing or mark ups

Using RRP as a point of reference, capture the best value by benchmarking against competitors and/or adding your markup percentage.

RRP-based Pricing for a Retail Electronics Store

For example, a retail brand that sells electronics wants to stock a newly launched model of a laptop. The store receives the RRP from the manufacturer. Their contract stipulates that they comply with the RRP to be able to sell these laptops. This company can use SYMSON to set prices for their laptop automatically. They can use SYMSON’s smooth API to import RRPs into the platform. They can then use the RRP price strategy and apply it across the new product group. These prices can then be exported to use on their own website or business management system.

RRP based Pricing for an Online Webshop

A company selling various consumer goods wants to get more consistency in their pricing and avoid significant price variations among distribution channels. They want to use RRP to ensure that customers feel that they are getting a fair deal based on the market prices. Using SYMSON’s price list feature, they can use RRP to maintain a consistent pricing across their products and channels.