How can Bridge save your retailers $45,866+ in labor costs?
To find out how much money Bridge can save your retailers in labor costs, please find an estimate below of what it costs to add the Smart Products to their website.
Estimated time to add a product to a website: 3 minutes
This 3 minutes entails photographing the product or retrieving the image from the brand, formatting it for the retailer's website, getting pricelist from the brand, then entering the product name, price, picture, description, and dimensions.
3 minutes x 61,155 (the number of Smart Products in Bridge) = 183,465 minutes a retailer would need to add the Smart Products to its website.
or viewed by the hour:
183,465 minutes divided by 60 (60 minutes in an hour) = 3,058 hours a retailer would need to add the Smart Products to its website. Assuming a 35 hour week, this is 88 weeks of work.
Let's assume the retailer finds a computer savvy person to add the items, and pays him or her $15 per hour. $15 x 3,058 = $45,866 in labor to add the Smart Products.
$45,866 does not include the cost of maintenance, such as updating prices, adding new introductions, etc. This amount also does not include retailer's costs to manage employees, employee benefits, vacation, sick days, work space, computers, and software. As such, the cost to add the Smart Products is much more than $45,866.
Bridge can give your retailers $45,866+ worth of product for pennies on the dollar and save them time.