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features
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support

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Description

A cutting-edge solution has been developed for effectively implementing strategies related to Pricing, Promotions, and Markdown optimization. Rather than fixating on parameters, a strategic mindset is essential. The approach to Stock Optimization revolutionizes replenishment and allocation processes through a superior blend of regular and promotional forecasting. Many retailers tend to rely on simplistic pricing strategies that are anchored in fixed gross margins. However, until actual trading commences and sales data is available, it remains uncertain whether the initial pricing is appropriate. The Pricing Lifecycle framework enables the preservation of brand integrity and margin safeguarding while maintaining favorable price perceptions. By integrating data, pricing methodologies, and optimization strategies, businesses can accurately determine the optimal price across all channels on a daily basis. Additionally, this system facilitates simulations that assess the potential impacts on sales, margins, and price perception of various decisions before they are implemented. Ultimately, this innovative approach can enhance revenue and gross margins by anywhere from 2% to 6%, setting a new standard in the retail industry. Furthermore, this comprehensive solution empowers retailers to adapt more dynamically to market changes, ensuring they remain competitive in an ever-evolving landscape.

Description

ShopGrok is a suite of software and data analytics products that allow retail and consumer professionals to make better price and range decisions. Experience a powerful suite of tools that take the pain out of data capture and mapping, and get you to actionable insights within seconds. Today, ShopGrok is Australia’s largest retail pricing data provider and works with leading retailers and brands all over the world to help them achieve this vision. Solutions include: - Price Optimisation Software - Real Time Inbox Alerts - Historical Pricing Analysis - KVI Identification and Matching - Custom Reports - Promotional Trends Analysis - Assortment Optimisation - Visual Range Comparison - New/Delisted SKU Alerts - Price Architecture Analysis - Marketplace Management - Marketplace Range Parity - Marketplace Price Parity - Seller Onboarding - Pricing Automation - Pricing Rules - Competitor Benchmarking - Price Index Generation - Flexible Ecommerce Integration (Shopify, Magento, WooCommerce, BigCommerce, etc. or Custom API) - Global Coverage What advantage does ShopGrok have over other competitor pricing solutions? We are not simply a web crawling or data automation product. Our team comprises world class experts in retail pricing strategy, data extraction and data science. We have spent thousands of hours between us working within and for retail buying teams to help them make better decisions through data analytics.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Adobe Commerce
BigCommerce
Magento
SAP Commerce Cloud
Salesforce Agentforce Commerce
Shopify
Shopify Plus
WooCommerce

Integrations

Adobe Commerce
BigCommerce
Magento
SAP Commerce Cloud
Salesforce Agentforce Commerce
Shopify
Shopify Plus
WooCommerce

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Profimetrics

Founded

2006

Country

Portugal

Website

www.profimetrics.com

Vendor Details

Company Name

ShopGrok

Founded

2018

Country

Australia

Website

shopgrok.com

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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