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The Competitor Product Tab allows users to document and track competitor products directly from the mobile app. This functionality is crucial for competitive analysis and market research.

Documenting Competitor Products:

To add or update competitor product information, follow these steps:

1. Select Product:
   • Choose the competitor product you want to document or update. This helps in identifying the specific product being analyzed.
2. Availability:
   • Indicate the availability status of the competitor product (e.g., In Stock, Out of Stock). This provides insight into how frequently the product is available in the competitor’s store.
3. Price:
   • Enter the current price of the competitor product. This helps in comparing pricing strategies.
4. Promotional Price:
   • Enter any promotional price for the competitor product if applicable. This is the discounted price offered during a promotion.
5. Rate of Sale (Units):
   • Document the rate at which the competitor product is selling, measured in units. This helps in understanding the product's sales performance.
6. Frequency:
   • Specify the frequency of the sales rate:
     • Weekly: Sales rate is tracked weekly.
     • Monthly: Sales rate is tracked monthly.
     • None: No specific frequency is tracked.
7. Cross Merchandising Toggle:
   • Use the toggle to indicate whether the competitor product is cross-merchandised with other products. If toggled on, it suggests that the product is promoted alongside other items.

Instructions:

Accessing the Competitor Product Tab:

• Open the Competitor Product tab on the mobile app to start documenting or updating competitor product information.

Entering Competitor Product Details:

1. Select Product: Choose the competitor product from the list.
2. Availability: Select the availability status (e.g., In Stock, Out of Stock).
3. Price: Enter the price of the competitor product.
4. Promotional Price: Enter any promotional price if applicable.
5. Rate of Sale (Units): Provide the rate of sale measured in units.
6. Rate of Sale (Weekly, Monthly, None): Choose the appropriate frequency for the rate of sale.
7. Cross Merchandising Toggle: Toggle to indicate if the product is cross-merchandised with other items.

Saving or Submitting:

• Once all fields are completed, save or submit the information to update the competitor product details in the system.