Spresso Description
Spresso is an AI-powered, data-driven approach to pricing strategy that uses real-time insights to optimize pricing decisions to achieve any business goal. Multi-arm bandit unlocks the full potential of pricing testing. It allows you to quickly identify and adapt to market and customer changes in real-time. Multi-armed bandit experimentation can provide unparalleled pricing precision. Maximize conversions while protecting margins in promotional campaigns. Understanding how price changes affect demand across products will help you make strategic pricing decisions.
Spresso Alternatives
Solvo.ai
Combining artificial intelligence and human expertise to empower efficient decision-making, profitably, and with confidence at scale. Automated pricing and automation of customer requests allows for faster handling of customer needs. Active learning and dynamically updated price suggestions based on real-time feedback from the market. Clear commercial steering, data insights and margin protection are all part of the clear commercial steering. Our AI models are based on real data and guarantee robust performance. Find the optimal pricing strategy using insights from historical and real-time buying behavior of customers, and adapting it to rapidly changing market insight. Create dynamic price recommendations, measure pricing performance and continuously test your prices in order to confidently adapt them to changes in supply and demand. Our solution has shown the ability to boost KPIs while maintaining customer conversion rates and has proven faster recover from disruptions while managing acceptable risks.
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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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Quicklizard
Real-Time Dynamic Pricing Get Ready to Increase Your Profit. Every day, there are millions of pricing decisions. Get up to 30% more revenue Quicklizard is the best dynamic pricing platform for ecommerce and omnichannel retailers. QL allows you to monitor, calculate, and apply optimal prices based upon real-time market trends. Our AI platform constantly tracks and analyzes multiple data sources and adjusts prices to ensure you remain profitable and competitive. We gather information from customer journeys, competitive landscapes, and demand trends. You can adjust to market changes and set the right prices to maximize sales volume while increasing revenue by as much as 30%. Quicklizard integrates seamlessly with all commerce, retail, and ERP platforms, and automatically syncs pricing recommendations.
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PROS Pricing
Price optimization software based on cutting-edge AI allows you to be precise, gain control, and grow your business. To create a cost-effective pricing strategy, you need to make recommendations that are tailored to your customer's willingness-to-pay and your strategic goals. If you know what buyers value and what they prioritize and how that changes in dynamic markets, your pricing strategy can be optimized to maximize every sales opportunity. Pricing for each selling scenario can be proactive and protect sales. PROS Guidance pricing software uses powerful AI to unlock huge increases in win rates, and maximize value. The result? The result? Extraordinary gains. Customers often achieve 100-300 basis point margin improvement.
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Integrations
Company Details
Company:
Spresso
Website:
www.spresso.com
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Product Details
Platforms
SaaS
Type of Training
Documentation
Live Online
Customer Support
Phone Support
Online
Spresso Features and Options
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