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Large Cost Increase

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

This block generates a notification if the cost of the product has increased by more than the limit indicated by the user, when compared to the previous cost. 

If the computed percentage difference between the current and previous cost is larger than the percentage limit value set by the user in the block-configurator, the notification is generated. 

Apply it across product categories

This notification allows you to be alerted of significant increase in cost for each product and category. You can then accordingly change your strategies to fit the new situation.

Apply it across different sales channels

This notification allows you to be alerted of significant increases in cost for different sales channels. You can then accordingly change your strategies to fit the new situation.

Large Cost Increase for a Manufacturing Company

A manufacturing company uses dynamic pricing strategy faces a  there is a sudden and substantial increase in the cost of a key raw material, perhaps due to geopolitical events affecting the supply chain or a spike in global commodity prices. The SYMSON platform will notify the user about this increase in cost, allowing the company to restructure their pricing strategy and reflect the change in their price list to catch up with the cost change

Large Cost Increase for a Renewable Energy Company

A company creating solar panels experiences a change in market conditions that increase the cost of source material. SYMSON can notify the company of this increase in cost and allow the company to restrategise their pricing in order to better navigate this change and reflect the change in their price list.

This block generates a notification if the cost of the product has increased by more than the limit indicated by the user, when compared to the previous cost. 

Read More

If the computed percentage difference between the current and previous cost is larger than the percentage limit value set by the user in the block-configurator, the notification is generated. 

Read More

This notification block alerts you when there is a large increase in cost of the product

HOW TO USE LARGE COST INCREASE

When using the SYMSON automated pricing engine, the notification alerts of you significant market changes so that you can adjust your prices manually to reflect the change.

Apply it across product categories

This notification allows you to be alerted of significant increase in cost for each product and category. You can then accordingly change your strategies to fit the new situation.

Read More

Apply it across different sales channels

This notification allows you to be alerted of significant increases in cost for different sales channels. You can then accordingly change your strategies to fit the new situation.

Read More
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Large Cost Increase

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

Notification
Large Cost Increase

This notification block alerts you when there is a large increase in cost of the product

HOW TO USE LARGE COST INCREASE

When using the SYMSON automated pricing engine, the notification alerts of you significant market changes so that you can adjust your prices manually to reflect the change.

PRICING LOGIC

This block generates a notification if the cost of the product has increased by more than the limit indicated by the user, when compared to the previous cost. 

If the computed percentage difference between the current and previous cost is larger than the percentage limit value set by the user in the block-configurator, the notification is generated. 

This notification allows you to be alerted of significant increase in cost for each product and category. You can then accordingly change your strategies to fit the new situation.

This notification allows you to be alerted of significant increases in cost for different sales channels. You can then accordingly change your strategies to fit the new situation.

A manufacturing company uses dynamic pricing strategy faces a  there is a sudden and substantial increase in the cost of a key raw material, perhaps due to geopolitical events affecting the supply chain or a spike in global commodity prices. The SYMSON platform will notify the user about this increase in cost, allowing the company to restructure their pricing strategy and reflect the change in their price list to catch up with the cost change

A company creating solar panels experiences a change in market conditions that increase the cost of source material. SYMSON can notify the company of this increase in cost and allow the company to restrategise their pricing in order to better navigate this change and reflect the change in their price list.

How to Apply Large Cost Increase

SYMSON’s versatile pricing engine allows you to combine Large Cost Increase with other pricing strategies or apply across different layers of your pricing process.

  • This block generates a notification if the cost of the product has increased by more than the limit indicated by the user, when compared to the previous cost. 

  • If the computed percentage difference between the current and previous cost is larger than the percentage limit value set by the user in the block-configurator, the notification is generated. 

  • Apply it across product categories

    This notification allows you to be alerted of significant increase in cost for each product and category. You can then accordingly change your strategies to fit the new situation.

  • Apply it across different sales channels

    This notification allows you to be alerted of significant increases in cost for different sales channels. You can then accordingly change your strategies to fit the new situation.

  • Large Cost Increase for a Manufacturing Company

    A manufacturing company uses dynamic pricing strategy faces a  there is a sudden and substantial increase in the cost of a key raw material, perhaps due to geopolitical events affecting the supply chain or a spike in global commodity prices. The SYMSON platform will notify the user about this increase in cost, allowing the company to restructure their pricing strategy and reflect the change in their price list to catch up with the cost change

  • Large Cost Increase for a Renewable Energy Company

    A company creating solar panels experiences a change in market conditions that increase the cost of source material. SYMSON can notify the company of this increase in cost and allow the company to restrategise their pricing in order to better navigate this change and reflect the change in their price list.

Large Cost Increase in Practice

This block generates a notification if the cost of the product has increased by more than the limit indicated by the user, when compared to the previous cost. 

If the computed percentage difference between the current and previous cost is larger than the percentage limit value set by the user in the block-configurator, the notification is generated. 

Apply it across product categories

This notification allows you to be alerted of significant increase in cost for each product and category. You can then accordingly change your strategies to fit the new situation.

Apply it across different sales channels

This notification allows you to be alerted of significant increases in cost for different sales channels. You can then accordingly change your strategies to fit the new situation.

Large Cost Increase for a Manufacturing Company

A manufacturing company uses dynamic pricing strategy faces a  there is a sudden and substantial increase in the cost of a key raw material, perhaps due to geopolitical events affecting the supply chain or a spike in global commodity prices. The SYMSON platform will notify the user about this increase in cost, allowing the company to restructure their pricing strategy and reflect the change in their price list to catch up with the cost change

Large Cost Increase for a Renewable Energy Company

A company creating solar panels experiences a change in market conditions that increase the cost of source material. SYMSON can notify the company of this increase in cost and allow the company to restrategise their pricing in order to better navigate this change and reflect the change in their price list.