Overview

RealPricer is a revolutionary pricing service from Real Price Solutions exclusively for the use of Electrical Distributors. The term “Revolutionary” is certainly overused, but if you take a few minutes to read the following information, you will agree that RealPricer is the most important profitability tool for electrical distributors that has come along in years.

A different approach to managing your pricing

While “pricing services” have been around for more than half a century, previously these products provided only very limited information such as Trade Price and Distributor Cost. While these are, of course, important aspects of establishing sales prices, what is perhaps the most important factor is the actual market prices.

In your business, where just a percentage point on sales price can make or break your level of success, being aware of market prices is a key factor in establishing your pricing strategy. Most electrical distributors devote significant resources to keeping abreast of market levels through a variety of means. Every under priced item represents many dollars of lost profit; conversely, charging too much can lose you business…often without your knowing.

With a subscription to RealPricer you can instantly determine up-to-the-minute pricing, including average and median as well as high and low prices on tens of thousands of electrical items.

Where do the prices come from?

Our eDAP program (Electronic Data Aggregation Program) is a network of electrical distributors that electronically send daily invoice information to our data service center. Compiled pricing comes from hundreds of thousands of actual electrical distributor invoices from all over the country. RealPricer doesn’t require eDAP participation from its subscribers. However, eDAP participants get important benefits with their RealPricer subscriptions. Some of our customers prefer to get added benefit from our Invoice Connection invoice delivery service www.invoiceconnection.com. Invoice Connection handles the invoice delivery via US Mail, FAX, email, and Internet and dramatically reduces the cost of distributing invoices. Using the Invoice Connection service also makes it easy to participate in eDAP.

Is my eDAP data secure?

We know this is a big concern. We understand how disclosure of sensitive customer and pricing information can harm a business. That’s why we take enormous care with all data entrusted to us. We use state-of-the-art Internet security hardware and software to make sure that no data is ever released that could in any way hurt an eDAP participant. No buyers or sellers are ever disclosed. Only summary pricing information is used. You may participate in eDAP by providing transaction data only. No buyer information must be supplied.

Can my customers view RealPricer?

RealPricer is available exclusively to bonafide electrical distributors and is never made available to contractors or the public.

Sign up for RealPricer

Contact Real Price Solutions at 800-245-0336 for details.

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