Set the minimum sales price: set the minimum sales price of each product in the invoicing software to ensure that sales personnel cannot sell products below this price. This can be used as a restriction to prevent products from being sold at unprofitable prices.
Price approval process: design a price approval process, requiring sales personnel to get the approval of management when setting prices. This can raise the threshold for selling low-priced products and ensure that every price change is considered reasonably.
Limit discount permission: limit discount permission in billing software to ensure that only certain authorized personnel can give discounts. The use of discounts should be strictly controlled to avoid abuse and reduce prices.
Set profit bottom line: set a minimum profit bottom line in the system to ensure a certain profit margin after each sale. If the sales price falls below this bottom line, the system can give an alarm or block the transaction.
Real-time inventory management: Invoicing software should be able to track the inventory situation in real time, including purchasing cost and inventory quantity. This can help sales staff to know the actual cost of products when selling and avoid selling at low prices.
Sales performance evaluation: design a sales performance evaluation system to link the bonuses and incentives of sales personnel with profitability. This can encourage sales staff to sell on the premise of maintaining profitability.
Periodic report and analysis: generate sales and profit reports regularly and analyze the profitability of product sales. This helps to find out the situation of low-priced sales in time and take measures to adjust.
Training and education: provide training for sales staff to understand the importance of price strategy, product value and profitability. They should understand the impact of low-price sales on the long-term development of enterprises.
Automatic reminder: automatic reminder is set in the billing software. When the sales price is lower than a certain threshold, the system will send an alarm to remind relevant personnel to review.
Comprehensive use of the above strategies, combined with the functions of Yifa invoicing software, can effectively prevent products from being sold below the purchase price and ensure the profitability and sustainable development of enterprises.