Retail Express Description
Pricing software solutions provide entry-level Price Management, through to the most complex Price Optimization and Automated Rules Based pricing needs. The system can then forecast the likely outcomes for different prices. This solution combines all elements of pricing in today's market to implement and optimize Hi/Low, EDLP, or a combination of those strategies through line items, brand, supplier and category rules and differentials. It also includes performance targets. Price optimization allows you to maximize your portfolio's profit, margin, or contribution. We can optimize regular and promotional pricing separately or concurrently, and on demand, without having to take into account the effects of other revenue optimization products.
Retail Express Alternatives
Google Compute Engine
Compute Engine (IaaS), a platform from Google that allows organizations to create and manage cloud-based virtual machines, is an infrastructure as a services (IaaS).
Computing infrastructure in predefined sizes or custom machine shapes to accelerate cloud transformation. General purpose machines (E2, N1,N2,N2D) offer a good compromise between price and performance. Compute optimized machines (C2) offer high-end performance vCPUs for compute-intensive workloads. Memory optimized (M2) systems offer the highest amount of memory and are ideal for in-memory database applications. Accelerator optimized machines (A2) are based on A100 GPUs, and are designed for high-demanding applications. Integrate Compute services with other Google Cloud Services, such as AI/ML or data analytics. Reservations can help you ensure that your applications will have the capacity needed as they scale. You can save money by running Compute using the sustained-use discount, and you can even save more when you use the committed-use discount.
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Price2Spy
Price2Spy is one of the global pioneering pricing software offering the full scope of features from gathering product pricing and additional product data to automated repricing mechanisms, along with alerts and reports for clients to get the most meaningful insights in real-time.
If your business offers a large number of products and/or encounters fierce competition, no matter the industry, you can rely on Price2Spy eCommerce pricing software and leave all operational processes to our team. Currently, we support retailers and brands in 40+ countries with pricing intelligence, helping them grow profit margins and outsmart competition.
Price2Spy makes automatic price adjustments easy to perform saving your most valuable resource - time, allowing your pricing team to focus on strategic planning and management.
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DemandTec
Elevating AI pricing strategies to unprecedented levels, we empower retailers and consumer packaged goods partners to implement optimal pricing, promotions, and markdowns essential for flourishing in today's fiercely competitive retail environment. The COVID-19 pandemic has transformed the retail landscape, necessitating a radical rethinking of conventional planning, pricing, and promotional strategies. This special report provides insights on effectively catering to the needs of future consumers. By leveraging unified and interconnected data sources, commerce systems, and collaborative teams, businesses can enhance supplier cooperation through consumer analytics and insights. The integration of cutting-edge and adaptable data science allows for seamless compatibility with various analytical platforms. Moreover, this approach enables a comprehensive understanding of shopper demand in relation to pricing, promotions, and markdowns. With the backing of AI, data science, and advanced predictive and prescriptive analytics, businesses can achieve highly accurate forecasting tailored to market fluctuations. Ultimately, these innovations pave the way for retailers to not only adapt to change but also thrive amidst it.
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Competera
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.
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Pricing
Free Trial:
Yes
Integrations
No Integrations at this time
Company Details
Company:
Retail Express
Year Founded:
2004
Headquarters:
United Kingdom
Website:
www.retailexpress.com
Media
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Product Details
Platforms
Web-Based
Windows
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Customer Support
Business Hours
Live Rep (24/7)
Retail Express Features and Options
Retail Management Software
CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce
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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