Enterprise Inns signs up to price matching service

An online price matching service has been launched that helps licensees improve their profit margins.

Enterprise Inns has already started using Price Compare, created by LSG Purchasing — a buying group for tenanted and leased pubs .

LSG Price Compare enables licensees to check the prices of a range of goods and services and produces a detailed price comparison which is emailed straight to the user to help them see where to make savings.

Seven categories are included in the service covering groceries, glassware, cleaning products, credit and debit cards, laundry products, washroom services and insurance.

"We developed the service to help licensees analyse their costs and run their pub business more profitably, something that's getting harder all the time given rising supplier costs, the recent hikes in VAT and duty and pressure on consumer spending," said LSG managing director Simon Durkin.

"Enterprise licensees are already seeing that this new service is a great way to help them save money in minutes and enhance their profit margin.

"We hope that many other pub businesses will start using Price Compare and see the very real benefits it can bring to their bottom line."

Enterprise Inns chief operating officer Simon Townsend added: "We're glad to see that our buying group partners LSG Purchasing are developing new tools for our licensees to ensure they're getting the best deals available to them and benefiting from economies of scale for their pub retail businesses.

"Price Compare is an easy solution for them to maximise their savings."

• To use the tool or register visit www.lsgpurchasing.co.uk​.