Price optimisation

Smarter management of pricing strategies

Planning and executing the best pricing strategies is a ongoing challenge for many retailers. Complex product ranges, changing competitor offers, fluctuating supplier costs and frequent promotions create considerable complexity, especially if you are trying to manage price across thousands of products and hundreds of stores on a daily basis.

With our price optimisation solution, we can help reduce that complexity. We help retailers implement and manage a price strategy that can be easily evaluated, optimised and adjusted when competitors try and disrupt it.

Through intelligent pricing management and optimistation we can help you:

• Ensure that initial prices are in-keeping with pricing strategies
• React to competitor price adjustments without violating price architectures and competitive strategies
• Maintain a considered approach to multi-jurisdictional and differential pricing
• Identify and plan the best promotions (avoiding over-promotion)
• Choose the smartest markdowns that maximise sell-through and cash margin (without over discounting)
• Benefit from automation that enables decision support and self-recalibration
• Reduce manual processes by enabling staff to work by exception