priceflo Description
Customers' behavior and objectives change frequently, so it is important to quickly iterate on pricing and adjust it to achieve desired outcomes. priceflo™, which allows you to easily navigate through scenarios and understand the predicted impacts before rolling out price changes in the field, makes it possible to quickly work through them. Pricing strategies can be improved by using data-driven customer groups that are based on distinct buying patterns and measurable differences of price elasticity. These groups improve the quality and value of pricing for both existing customers as well as new customers. Understanding customer responses to price changes over time will help identify opportunities for margin improvement and increase top line revenue. A visual insight into demand drivers and past pricing behavior provides transparency into the reasons system recommendations are made, which ultimately increases confidence in price guidance.
priceflo Alternatives
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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Clariti
Machine learning powers pricing software for retail banks
Clariti's SaaS solution for mortgage and savings can dramatically improve your mortgage and savings margins. How is the market performing and how does it affect performance? Clariti's approach. Create a web-based platform to automatically alert you to changes in customer behavior. You can also visualize your data however it pleases you. What happens to volumes if you change individual product prices? Clariti's approach. Advanced predictive analytics using specially developed machine learning algorithms to understand how customers react to different prices. What are the best prices for me to achieve the growth I want while still respecting my risk tolerances? Clariti's approach. You can offer a range price recommendations depending on whether your goal is to drive volumes, increase margins, or somewhere in-between. Clariti: Why Clariti? Very high ROI.
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SYMSON
Hyperlearning and intelligent pricing software will give your organization superpowers. Improve your pricing today. SYMSON's strategy builder allows you to select the strategy which best suits your business. All the strategies can be customized and the software allows for quick and easy changes to each strategy. SYMSON allows you to collect the daily market prices of all vendors on the market. The competitor analysis feature will automatically adjust your prices and notify you when there are new competitors on the market. SYMSON uses a variety of factors that you can input into your AI and ML tool to analyze all products and determine their price elasticity. It then predicts how price changes could affect margin and revenue. SYMSON wants to solve the most important problem in pricing: everyone guesses. Pricing managers must find the optimal price based on market conditions and customer behavior.
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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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Integrations
No Integrations at this time
Company Details
Company:
SKYSHEEP
Headquarters:
United States
Website:
www.skysheepdata.com/priceflo
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Product Details
Platforms
SaaS
Customer Support
Online
priceflo 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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