Vehicle values fluctuate frequently, often on a weekly or monthly basis. To stay competitive and turn inventory quickly, it’s essential to keep up with these pricing changes. iPacket’s latest update introduces a small but significant enhancement to its dealer portal and mobile app: Days Since Last Price Change. Here’s how this new functionality can make a difference:

• Enhanced Inventory Sorting: Sort inventory by the oldest price changes and see how many days have passed since the last update, providing at-a-glance access to crucial data for quicker and more efficient inventory management.
• Efficient Review of Pricing: Effortlessly identify vehicles that haven’t been repriced in specific time periods like 30, 60, 90 days, or more to ensure current pricing.
• Advanced Data Management: Export detailed Excel reports showing the exact number of days since the last price change, unlike other platforms that only list the date.

• Streamlined Packet Activity Monitoring: Evaluate recent customer activity and understand how many clients will receive price change alerts, allowing you to make informed pricing decisions. Adjust prices thoughtfully—minor changes for vehicles with high traffic and more significant adjustments for those with less interest—based on the anticipated alert reach.
• Improved Operational Efficiency: Simplify tracking and managing vehicle pricing, providing pre-owned and inventory managers with immediate access to crucial data.

By integrating Days Since Last Price Change into your workflow, you can enhance efficiency and keep your vehicle pricing strategy up-to-date with ease.

This is just one of the many tools iPacket provides to help your team convert more leads, sell more cars, and earn more gross. What to Learn more? Schedule a demo with our team!