Monitoring product distribution is a complex and time-consuming task. You need to track down your products on all sales channels, both online and offline. This is where Brandly360 can help. With our exclusive product monitoring tool, you can easily find out where your products are sold and whether they are being offered on unauthorised platforms.
In order to make informed decisions, you need to have complete and accurate data about your product distribution. Brandly360 collects all the data for you in one place so you can easily track and monitor your product listings.
If your products are sold on unauthorised platforms, you have no control over the process, warranties, or customer service. This can result in negative customer reviews, low ratings, and ultimately, damage to your brand reputation. Brandly360 can help you avoid these risks by alerting you as soon as your products are listed on unauthorised platforms.
If unauthorised sellers sell your products, you may be liable for any warranty issues that may arise. In addition, unauthorised sellers may not follow your pricing strategy, which can result in price wars and other problems.
Brandly360 product monitoring tool is fully customizable to meet your specific needs. You can define which products you want to monitor and set up alerts for specific events, such as price changes or listing changes.
If you sell exclusive products, you don’t want to see them being offered at a discount on unauthorised platforms, as it can hurt your sales. To keep your prices at a competitive level, Brandly360 monitors price changes in real-time and notifies you as soon as a change is detected.
In order to make well-informed decisions, you need comprehensive data about your product distribution. Brandly360 generates reports that give you an overview of your product listings, price changes, and sales channels. You can choose what data to include in the reports and how often to generate them.
Exclusive product monitoring is a process of gathering data about the sales and distribution of products that are sold exclusively by a certain brand or company. The data is then analysed to determine if the products are being distributed according to the rules and regulations set by the brand or company.
The main benefit of selling exclusive products is that it allows a company to control the price of their products. As you’re the only one offering value, you can charge a premium for your products and services. This can lead to increased sales and profits.
In addition, exclusive products can help to build and protect your brand image. By selling only through authorised channels, you can ensure that your products are of the highest quality and that customer service is up to standard. This can help to attract new customers and retain existing ones. Plus, your brand will be associated with exclusivity and luxury, which can add to its prestige.
If you don’t monitor the sales and distribution of your exclusive products, you run the risk of them being sold on unauthorised platforms. This can lead to a number of problems, such as:
Brandly360 helps companies to monitor the sales and distribution of their exclusive products. Our tool gathers data from all sales channels, both online and offline, and analyses it to determine if the products are being distributed according to the rules and regulations set by the brand or company.
In addition, Brandly360 can generate reports that give an overview of product listings, price changes, and sales channels. This data can then be used to make informed decisions about product distribution and pricing.
Selling exclusive products offers you higher margins because you have a product that can’t be found in any other store.
Therefore you do not have to reduce the price to a minimum to be competitive. Your value is a unique product. So don’t let it go elsewhere, as it diminishes its importance. There are some steps you need to take to keep your product exclusive.
It would be perfect if you should have access to products not available from competitors, but this is rather rare. So you can use other methods, which are no less effective. For example, you may choose to sell a renamed product that is only available in one store.
Another option is to sell unique variants, for example in color. It’s like the same product known from other stores, but you offer it in an interesting, unique, original version.
Certainly, it is not easy to convince the manufacturer to create a unique model exclusively for our store. It is possible but requires (also in the case of expensive equipment) ordering many thousands of items.
And this always causes a risk that something may go wrong, the sales results will not reach the expected level, which entails losses for the manufacturer and the seller.
It is much easier to reach an agreement in the case of modified equipment (e.g. a tablet) that has been reconfigured. You can also ask the manufacturer to change the name of the product, but not all of them will agree.
If they do, the purchase of a large number of products will be expected (usually a minimum of 1000).
Offering such an exclusive product, we can raise its price and gain even more, because the margins on such products are significantly higher than average.
If you already have such equipment, make sure to check if you are the only one, if it does not appear in other stores. Using Brandly360 will let you secure your deal!