dunnhumby Price Description
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.
dunnhumby Price Alternatives
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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Pricing Lifecycle
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%
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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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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
Company Details
Company:
dunnhumby
Year Founded:
1989
Headquarters:
United Kingdom
Website:
www.dunnhumby.com/retailers/price-promotions/
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Product Details
Platforms
SaaS
dunnhumby Price 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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