Smart Products help you use technology to reduce employee costs.
How can your store cut its employee costs?
Let's imagine your store pays an employee $10/per hour to add items to your website. Let's imagine this person can add up to 20 items per hour. In other words, it takes her/him about 3 minutes per item. This 3 minutes entails:
The average cost per item on your site is therefore: $.50 per item ($10 divided by 20).
What if there was an easier way? The Smart Products service offers this solution. Smart Products cost $0.005 per item and offer your business up-to-date pictures, prices, and dimensions.
Viewed another way, for each $1 spent on adding items manually a retailer could spend just $0.01 via Bridge and get better results.
In the above cost calculation, we estimate that adding an item manually costs about $.50. Notably, this cost does not include additional employee costs such as:
As such, the cost for an employee to add an item is more than $.50.
Smart Products also save you time. Smart Products enable you to instantly show new items as well as hide discontinued products. Instead of waiting weeks to add new introduction products, you can have the items on your website in minutes.