How It Works
Announcing RealPricer:
A revolutionary pricing service exclusively for Electrical Distributors
From MaterialExpress, in partnership with Invoice Connection
The term “Revolutionary” is certainly overused. But if you take a few minutes to read the following information I think you will agree that RealPricer is the most important profitability tool for electrical distributors that has come along in years.
While “pricing services” have been around for more than half a century, these products provide only very limited information such as Trade Price and Distributor Cost. While these are, of course, very important data in establishing prices, what is perhaps the most important factor is actual market prices.
In your business, where just a percentage point on sales price can make or break your level of success, being aware of market prices is a key factor in establishing your pricing strategy. Most electrical distributors devote significant resources to keeping abreast of market levels through a variety of means. Every dollar under market levels that you charge a lost dollar of profit; conversely, charging too much can lose you business….often without your knowing.
With a subscription to RealPricer (available later this year), you can instantly determine up-to-the-minute pricing, including average and median as well as high and low prices on tens of thousands of electrical items.
The information comes from hundreds of thousands of invoices from Invoice Connection customers who elect to participate in our eDAP program (Electronic Data Aggregation Program). Those Invoice Connection customers who elect to contribute their data to RealPricer receive a substantial discount on their invoicing service.
RealPricer is available exclusively to bonafide electrical distributors and is never made available to contractors or the public.
InvoiceConnection and RealPricer are in the process of enrolling Invoice Connection customers in their eDAP program; RealPricer will be released later this year.
To view a Concept Version of RealPricer, please visit www.realpricer.com
For more information about participating in the InvoiceConnection eDAP program, please see the (attached) Frequently Asked Questions and feel free to contact one of the InvoiceConnection team. Learn how you can save tens of thousands of dollars of invoicing costs and (if you choose) contribute to RealPricer and save even more!
