Avoid Losing 19% on Price Increases by Syncing 💰
How our Syncing service helped indie stores avoid a 19% loss due to product price changes.
In May, brands raised their prices on 2,627 products, producing an average price increase of 19%. If a retailer didn’t make these changes, these price increases would cost their store 19%.
Thankfully, indie stores using Shop Local have the updated price for these 2,627 products. They don’t lose 19%. The stores receive the updated prices instantly via our Syncing service.
About the Syncing Service
Syncing is a free service for retailers that is paid for by partner brands. Retailers save 3 minutes and $1 in labor for every product Synced. Retailers can show new products more quickly, avoid selling discontinued items, and avoid selling items at older, lower prices. 111 brands, including Baccarat, Juliska, and Vietri, share 72,000+ products with retailers via the service.