Sales commissions are more than just a compensation mechanism; they are powerful motivators that can significantly impact a salesperson’s performance and overall job satisfaction. Understanding the psychological effects of different commission structures can help...
Sales Commission Structures: Advantages and Disadvantages
Sales commissions can be crucial to a salesperson’s compensation, motivating them to achieve higher sales and increase their overall earnings. Understanding the commission structures can help salespeople and employers design effective compensation plans. This blog...
Why CFOs Love Tracking Discounts with Rockton Pricing Management (RPM)
Every CFO understands the importance of precision in financial management, especially when it comes to sales discounts. In traditional Enterprise Resource Planning (ERP) systems, the ability to track discounts is often limited—typically, they allow only one discount...
How Rockton Pricing Management (RPM) Enhances BOGO Deals
Implementing effective Buy One, Get One (BOGO) deals can be challenging, but Rockton Pricing Management (RPM) provides the tools needed to execute these strategies seamlessly. With its advanced flexibility and functionality, RPM can revolutionize how you manage...
New Feature Announcement – Rockton Pricing Management Now Includes Data Sync
Rockton Software is excited to share the newest and highly-anticipated feature of Rockton Pricing Management – Data Sync. Data Sync is a powerful new feature that leverages Azure LogicApps and OData to extract data from your ERP, pulling it into Rockton Pricing...
Buy One Get One Promotions: Maximizing the Benefits
Buy One, Get One (BOGO) promotions are a powerful pricing strategy widely used in retail to boost sales, clear inventory, and attract new customers. Imagine offering a free pair of shoes with every two handbags purchased—a classic example of a compelling BOGO offer....
Navigating the Complex Terrain of Pricing with Plateau Pricing
In the intricate world of business, understanding and implementing an effective pricing strategy is paramount. This is where the concept of Plateau Pricing comes into play. Plateau Pricing illuminates the many layers of pricing that businesses often navigate through a...
Updating Price Sheets: Just Stop Already!
The Paradigm Shift: Embracing Modern Pricing Management In the dynamic sphere of business operations, a significant transition is underway, one that nudges companies toward innovative pricing management solutions and away from traditional, labor-intensive methods. As...
How Price Bundling Works for Professional Services
Are you in the professional services (Doctors, Attorneys, Financial Planners), and seeking an innovative way to enhance value for your clients, while also optimizing revenue streams? One strategy that has gained popularity in recent years is price bundling. This...
Dynamic Pricing: How Rockton Pricing Management Can Optimize Your Pricing Strategy
Staying competitive requires a strategic pricing model. Traditional pricing models are becoming increasingly outdated in the face of dynamic market conditions, changing consumer behaviors, and technological advancements. Dynamic pricing is a powerful strategy that...