Back to Blog

Top 3 Pricing Hacks for the Floral Holidays

Written by

Wednesday, Oct 03, 2018

Thanksgiving, Valentine’s Day and Mother’s Day are the busiest holidays in the floral industry. As we’ve mentioned in previous blogs, getting ready for floral holidays takes lots of preparation and a key to be able to excel and optimize your processes is to study your data. Being able to analyze how many sales your company has done in the past holidays makes way to anticipate the rush, studying the dates the actual holidays fall on also help predict your customer’s behavior and last but not least, getting your pricing right can help you make big bucks. Let’s go through some pricing hacks to get you on the right path.

Create Price Lists

Many price lists can be set for a specific season- you set the dates. This is especially helpful when you want a price to apply to certain clients for specific products on any given holiday. To get started, all you have to do is create a holiday price list and then you’ll be able to increase or decrease prices as you like so that these prices will be valid during the dates you had set up. Also, if you want to create a specific price list for your customer due to a special arrangement or whatever the reason may be, you can also create a price list for them. The possibilities are endless!

Set Up Your Financial Settings

If you don’t wish to work with price lists, there are other options as well. You can create a season under Financial Settings. This season allows for a different pricing during the selected time range, you can either use a season already created in the system or make a new one. We all know that AWB Freight and Handling Costs vary in time, so all you have to do is increase/decrease these costs in your financial settings and the system can automatically give you a suggested price for your products.

Update Your Markup

You can update your Markup by customer so the system will calculate a suggested price for the product based on your settings.

Basically, you’ll want to be in complete control of all of your pricing as well as be able to fit your market needs in a timely fashion. This overview just mentions a couple of ways you can make pricing easier, but if you have any questions or want more information about the matter, don’t hesitate and get in contact with us today.
Originally published Wednesday, Oct 03, 2018

Related Blogs

Why it's a good idea to establish a "Short Name" for each location

Komet Analytics | Alejandro Pérez |  4 Min Read

Credit Card Terminals Now Connected to Komet Sales

Sales | Manuel Guerrero |  3 Min.

Komet Sales and Bloomy BV Announce Marketing Agreement

Management | Maria Delgado | 1 Min. Read

Enhance Your Knowledge With Komet Sales’ Training Program

Management | Elena Mejía | 4 Min. Read

Komet Tools to Improve your Triple A Technique

Management | Maria Delgado |  4 Min Read

Process Payments in Order Entry!!

Accounting | Maria Delgado | 3 Min. Read

3 Tips to Improve Your Komet Experience

Management | Maria Delgado | 5 Min. Read

Hard Goods Management made Easier and Faster

Management | Maria Delgado | 3 Min. Read

Integrating Your Way to Success!

Management | Maria Delgado | 3 Min. Read

Guide to Faster Payment Processing

Sales | María Delgado |  4 Min Read

Armellini's Aelis 4 with Komet Sales

Management | Mark Sterling |  3 Min Read

Fast and Secure Payment Processes

Sales | Maria Delgado |  3 Min Read

What happens if you missed your sales target by 17%?

E-commerce | Adam Mace |  6 Min Read

Improving the Floral Supply Chain

Management | Maria Delgado |  5 Min Read

The Floral Industry is Getting Ready for the High Season

Management | Maria Delgado |  5 Min Read

Analyzing Your Data for Floral Success

Management | Maria Delgado |  6 Min Read

Another way to have greater control over your finances

Accounting | Maria Delgado |  3 Min Read

Komet’s been busy at work during 2018

Management | Maria Delgado |  5 Min Read

The Before and After of Customer Credits

Management | Maria Delgado | 4 Min Read

Automation Equation in the Floral Industry

Management | Maria Degaldo | 5 Min Read