Pricing Lifecycle
Leading-edge proved solution for the implementation of Pricing, Promotions, and Markdown optimization strategies. Forget parameters, think strategically. Stock Optimisation takes a new approach to replenishment and allocations, based on a best-of-breed regular and promotional forecast. Most retailers use very simple pricing rules based on fixed gross margins. Until trading begins and sales come through, a retailer can never tell if the initial price they have is right. Pricing Lifecycle helps you retain brand integrity and margin protection without destroying price perception. Merge data, pricing strategies and optimization tactics to get to the right price, in every channel, every day; Allows for simulation measuring the impacts on sales, margin, and price image of all your decisions prior to execution. Improves revenue and gross margin from 2-6%.
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VusionLive
VusionLive is a retail intelligence and in-store operations platform that integrates real-time IoT data, point-of-sale figures, loyalty metrics, and third-party information so retailers can turn raw signals from the aisles into actionable recommendations and operational execution across pricing, assortment, merchandising, campaigns, and inventory; it consolidates store activities into a single system that helps associates and managers prioritize tasks, ensure price compliance, enforce planograms, optimize offerings based on local demand, and connect head-office strategy with on-the-ground execution. It delivers data-driven pricing intelligence with alerts and competitor insights, centralized campaign execution with performance tracking, connected inventory and restocking guidance informed by live sensor and sales feeds, and tailored recommendations for assortment and compliance that improve sales outcomes and reduce stockouts.
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Verteego
Welcome to the era of predictive commerce. AI sales forecasting platform for reliable and automated decisions related to inventory, promotions, prices, and assortment. Benefit from the best of AI to provide you with the most accurate forecasts on the market. In an increasingly volatile world, accurate and reliable forecasting tools have become essential. Verteego's highly accurate predictive AI models will help you forecast permanent and promotional sales across all channels, anticipate out-of-stock situations in your stores or warehouses, improve cash flow availability and anticipate peak and off-peak traffic in your shops or online channels. Simulate a multitude of promotional, pricing, and assortment scenarios to increase your revenues, margins, and sales volumes. Choosing the perfect pricing, the most profitable promotional strategy, or the optimal assortment has become a real headache in a constantly changing market.
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Competera
Competera enhances retailers’ profitability and customer loyalty by leveraging AI to set optimal, customer-centric prices in real time. Our all-in-one platform combines Competitive Data and the Pricing Platform to meet all pricing needs.
• Competitive Data provides real-time, high-quality market insights with a 98% SLA, offering a 360-degree market view to uncover trends and optimize pricing strategies.
• Pricing Platform utilizes Contextual AI with over 20 demand drivers to deliver real-time pricing optimization across all products and channels. Retailers can make data-driven decisions with 95% accuracy, increase basket value, and achieve up to a 6% gross margin uplift.
Our platform reduces the pricing team’s workload by up to 70%, allowing retailers to focus on strategic initiatives. The cost depends on the number of SKUs managed, deployment scale, and product configuration.
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