Pricing Lifecycle Description
Innovative solutions for optimizing pricing, promotions, and markdown strategies. Don't think about parameters. Think strategically. Stock Optimisation is a new approach to replenishment, allocations and allocations. It uses a best-of breed regular and promotional forecast. Most retailers use very simple pricing rules that are based on fixed gross marges. Retailers cannot tell if the initial price they set is correct until trading starts and sales are made. Pricing Lifecycle allows you to preserve brand integrity and protect margins without destroying price perception. You can combine data, pricing strategies, and optimization tactics to reach the right price in every channel every day. It allows for simulation to measure the impact on sales, margin, price image, and price perception of all your decisions before execution. Increases revenue and gross margin by as much as 2-6%
Pricing Lifecycle Alternatives
dunnhumby Price
Retailers are now facing unsustainablely low margins due to increased competition in the marketplace. Retailers must improve customer perception of prices and promoter effectiveness in order to succeed and avoid the race for the bottom. Dunnhumby analyzes existing strategies and recommends the most effective tactics to achieve success. You can optimize pricing strategies to increase margins and profit, boost promotion performance, and improve customer price perception. It is difficult to meet changing customer pricing expectations. This can also be complicated when you consider the commercial targets. dunnhumby price gives you the ability strategically optimize prices and forecast outcomes. Price uses Customer Data Science to suggest optimal base prices. This helps you build customer trust, improve value perception and generate tangible results.
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Verteego
The age of predictive commerce is here. AI sales forecasting platform that makes it easy to make reliable and automated decisions about inventory, prices, promotions, prices, and assortment. Get the most accurate forecasts available using the best AI. Forecasting tools that are accurate and reliable have become vital in an ever-changing world. Verteego's highly accurate predictive models for AI will help you forecast permanent sales and promotional sales across all channels. They can also anticipate out-of stock situations in your warehouses or stores, increase cash flow availability, and predict peak and off-peak traffic to your online shops and online channels. To increase your sales, margins, and revenues, you can simulate a variety of pricing and assortment scenarios. In a constantly changing market, it can be difficult to choose the best pricing or the most profitable promotional strategy.
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Luca
Luca's AI powered pricing engine uses market intelligence and sales patterns to make smart decisions about pricing and promotions. Create a pricing strategy by combining category- and business-level rules and objectives. Apply competitor bounds and margin goals. Rounding rules are also available. Interact to see how these constraints are applied to each SKU. Northstar is a good choice for your pricing goal, with a willingness to compromise between revenue and profit. AI-powered matching algorithm that searches for exact and partial matches. Operators can price products compared to exactly matched products, but also reasonable alternatives. Create new prices according to the cadence best suited for your business. Evaluate the impact of each change on both a SKU and business level. Bring your entire team to the Luca dashboard to make team decisions. With a rich dashboard of metrics, you can eliminate the guesswork and understand the impact of each change.
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XPLN Suite
The software suite XPLN is one of the leading solutions for collecting current market data, e-commerce price optimization and comprehensive services in the field of Digital Shelf Analytics. A strong focus on technology, innovation and proximity to the customer enable us to deliver higher quality data to our customers and help them grow their business through valuable insights and confident decisions about offers and positioning. Many well-known retailers and brands trust in us.
XPLN allows enterprises to import product or pricing data and automatically collect market prices from multiple online sources. Administrators can use the dashboard to track online ratings, stock levels, prices, marketplace ranking, and other metrics on a centralized platform. It also lets the clients define product repricing strategies based on configured rules, utilize the price monitoring engine to determine required changes, and manually or automatically adjust prices in the database.
XPLN further enables organizations to analyze competitors' product ranges or catalogs for available colors, sizes, variants, or prices. Brand manufacturers can detect unauthorized sellers and determine differences between RRP and selling prices.
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Integrations
No Integrations at this time
Company Details
Company:
Profimetrics
Year Founded:
2006
Headquarters:
Portugal
Website:
www.profimetrics.com
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Product Details
Platforms
SaaS
Mac
Windows
Type of Training
Documentation
Live Online
In Person
Customer Support
Online
24/7 Live Support
Pricing Lifecycle Features and Options
Pricing Optimization Software
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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