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About
We provide the industry’s most complete view of competitive pricing and optimize your price image, so you can profitably grow revenue and drive trips. Price image uses Nobel Prize-winning models to measure how consumers view your prices. By optimizing price image, you can profitably grow short and long-term revenue while also increasing shopper loyalty. Win on the items that matter most to your shoppers vs. a pricing war you can’t win on the typical low-margin items. Spend less on price investments while having a greater impact on shopper perception and trips. Weights items based on their importance to the shopper vs. treating every item the same so you can track your price position through the eyes of the shopper. Less reactive to competitors’ pricing action and more strategic helping you to outsmart the competition. We combine in-store audits, web scraping, and Nielsen point of sales (POS) data, and use advanced ML algorithms to increase your competitive insights.
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About
Pricing software solutions providing entry level Price Management through to the most sophisticated Price Optimization and Automated Rules Based Pricing needs using ‘elasticity demand models’ that encapsulate the interaction and collision of prices along with other merchandising activities. This enables the system to then forecast the likely outcomes of different prices. The solution brings together all the elements of pricing necessary in today’s markets to implement and optimize Hi-Low, EDLP or a mix of those strategies through line item, brand, supplier, competitor and category rules and differentials, mixed with performance targets. The price optimization module enables you to maximize the overall profit, margin or contribution of a portfolio of products. Unlike other revenue optimization products we can optimize regular and promotional prices, separately or concurrently and on demand, taking the effects of each other into account.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Businesses and companies interested in a solution to analyze, track and optimize their pricing options
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Audience
Retailers that need a price optimization solution
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationEngage3
United States
www.engage3.com
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Company InformationRetail Express
Founded: 2004
United Kingdom
www.retailexpress.com
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Categories |
Categories |
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Pricing Optimization Features
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Retail Management Features
Commission Management
CRM
eCommerce
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
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Integrations
Nielsen Marketing Cloud
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