Paying attention to costs is very important. If you know your costs, then you know your weaknesses and you can improve your position in the market. To do this, it will be enough for you to analyze your costs by dividing their groups.
A cost comparison is a tool that allows you to know, at all times, what prices and costs are applied by your competitors to each of your products and services. Today, this is one of the solutions most demanded by retailers and sellers, as it opens the door to multiple opportunities for competing under improved conditions with other stores.
With price comparison you will have detailed information about what prices are applied by your competitors and with what variations. Your main benefit will be gaining an advantage over your competitors by studying the data you send back. Through your analysis you will be able to achieve a well-defined cost strategy that allows you to anticipate key moments, and when they occur, in the market and gain new sales.
The purpose of cost comparison is to monitor the competitions prices and costs, within their store, in order to define a pricing strategy which is adapted to market changes.
This template will primarily be useful to economists. You can use the slides of this template in your daily work when preparing various cost estimates for goods and services. You can present in detail what cost items and in what amount are needed to create a particular product.
Also, this template can be used by analysts when preparing analytical reports. You can present product data for your company and that of a competitor. Having information on each cost group will allow you to identify the strengths and weaknesses of your product. This will help you further develop a cost reduction plan.
This template can also be used by university educators when preparing courses on benchmarking or production costing methods. Also, this template can be used by crisis managers when preparing their strategy for the withdrawal of the enterprise from losses. You can analyze the most costly and unprofitable products or services of the company and suggest measures to reduce costs or refuse to release these products.
Startup executives can use the slides from this template in preparation for their investor meeting. You can use the slides in this template to prepare a detailed cost estimate for your product and similar products for your competitors. Business leaders can use the slides from this template when developing company strategy.
Cost Comparison is a professional and modern template that contains four stylish and fully editable slides. You can independently change the size and type of fonts, position and size of infographics according to your corporate requirements. This template will be useful for analysts, financiers, company executives and startups. The Cost Comparison template will be a worthy addition to your collection of professional presentations.