PriceEye Reviews

Pricing for Profit, Competitor Price Discovery and Demand Forecasting. Machine Learning and AI enable this. A better pricing strategy led to a 14.4% sales increase for an American brand selling casual apparel. Pricing for Profit, Competitor Price Discovery and Demand Forecasting. Intelligent Demand Forecasting. Combining machine learning and human judgment - We combine the best of both. We consider the impact of local events, holidays and school closings, as well as social signals and macroeconomic variables. Demand Forecasting. Store Ordering. Recommendations for Purchase Orders. Shelf Space Allocation and Optimization. Continual Monitoring and Improvement Intelligent Pricing. Improved price realization to increase sales and margins. The price elasticity of a product, location, and day can be determined to determine the extent or reduction in mark-up. Differential Pricing Strategies. Avoid a race for the bottom. Demonstrate your knowledge by using A/B testing

Competera elevates retailers’ profitability and fosters customer loyalty by utilizing AI to establish optimal, customer-centric pricing in real time. Our integrated platform combines both Competitive Data and the Pricing Platform to meet all your pricing needs seamlessly. • Competitive Data supplies high-quality, real-time market intelligence with a 98% Service Level Agreement (SLA), granting a full 360-degree view of the market. This enables retailers to detect market trends and fine-tune their pricing strategies confidently. • Pricing Platform employs Contextual AI alongside more than 20 demand drivers to offer real-time pricing optimization across your entire product range and sales channels. This allows retailers to make data-driven decisions with 95% accuracy, boost basket values, and realize up to a 6% increase in gross margin. Our platform significantly decreases the workload of pricing teams by up to 70%, allowing your team to focus more on strategic initiatives that drive growth. The investment for our solution is tailored based on the number of SKUs under management, the scope of deployment, and the specific product setup to fit your unique business needs.