The Product Ranking report analyzes the activity of a product across all other products in your catalog.
Product rankings are a way to categorize all your products as to their relative effect to sales, profit, costs, and hits based on certain defined breakpoints.
You can use the Product Ranking results in a variety of areas within your business, for example:
- Pricing: You can use the rankings to fine tune pricing for products which are under performing.
- Purchasing: The more you sell the more important it is you never run out of high-ranking products.
- Cycle Counting: When cycle counting, you can limit it to higher rankings and to higher performing products.
- Warehousing: Products with higher rankings indicate a need for a more accessible storage location for faster and efficient picking and packing.
- Product Management & Analysis: Product Rankings help evaluate low performers to determine viability.
Reports are crucial for any business, especially yours.
Marketplace Reporting provides you with better reports so you can have better results for your business wherever you happened to be.
Checkout our YouTube video Product Ranking report found in Communique for Marketplaces for an in-depth look at how automating your business workflows and processes can help your business grow.
Are you ready to automate your workflows to gain maximum productivity? Take a look at one of our recent projects to learn more about how we can help with your business automation, 3rd party integrations, and reporting, contact us.
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