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Use XpertMart's Dated Prices function to match your competitor's prices and plan your own promotions ahead of time.
14.	Schedule special prices and discounts in advance
XpertMart: Point of Sale and Inventory Control for Retailers

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Retailers in segments such as pharmacies, convenience stores and consumer electronics, are increasingly relying on "loss-leaders" to get shoppers in their stores. If these are the competitors you face, you are going to have to learn how to match their offers and occasionally sacrifice your margin on an item to maintain store traffic.