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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.

About

At Wasteless, we're helping supermarkets and online grocery stores recapture the full value of their perishable products and reduce food waste through AI-powered dynamic pricing. The Wasteless pricing engine was designed to learn and adapt to your customers' mindset and buying habits, pushing the limits of AI to deliver the ideal shopping experience while maximizing profit. Discover how it works. Increase sales by matching product offerings with real-time demand. Sell at the optimal price point with minimum shrinkage levels. Rotate products faster to achieve higher overall freshness on the shelf. Ensure products are sold before they expire and go to waste. To optimize revenues and reduce waste, Wasteless’s pricing engine employs a branch of machine learning called reinforcement learning. This allows our engine to quickly learn how consumers respond to dynamic pricing so it can then find the optimal discounting policy.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Retailers that need a price optimization solution

Audience

Businesses looking for a solution to sell more, waste less, and manage their dynamic prices and markdowns

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Retail Express
Founded: 2004
United Kingdom
www.retailexpress.com

Company Information

Wasteless
Israel
www.wasteless.com

Alternatives

Alternatives

Winnow Vision

Winnow Vision

Winnow Solutions
Pricing Lifecycle

Pricing Lifecycle

Profimetrics
DemandTec

DemandTec

Acoustic

Categories

Categories

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

Integrations

No info available.

Integrations

No info available.
Claim Retail Express and update features and information
Claim Retail Express and update features and information
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Claim Wasteless and update features and information