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Description
Innovative approaches, strategies, and tactics can lead to quicker stock turnover. If you're seeking an effective way to manage the pricing of all your offerings, DynamicPricing AI provides a comprehensive suite of tools designed for competition tracking, automated price adjustments, and promotional support. Businesses that have adopted our system report a significant reduction in confusion, an enhancement of their entire pricing strategy, and a steady increase in both revenue and profits. With our tools, you can easily identify identical and similar products offered by competitors and swiftly respond to any changes in pricing. Timely addressing the uncertainties and risks associated with competitors' actions can help you secure greater profits or expand your market share. The DynamicPricing AI Pricing Policies feature enables you to merge competitive data with factors like your inventory levels, past sales, shipping expenses, page views, add-to-cart rates, and product variations such as color or finish. Utilizing these insights, you can establish and implement effective pricing policies for competitive positioning, clearance of older stock, popular products, sales objectives, and much more, ensuring a tailored approach to your pricing strategy. This comprehensive system ultimately empowers businesses to make informed pricing decisions that adapt to market fluctuations and consumer behavior.
Description
Comprehensive competitor price analysis encompasses dashboards, historical data, and insights into market trends. This system enables daily monitoring of competitor prices and stock status across various countries, languages, and currencies, ensuring a high level of data accuracy and extensive coverage. For retailers focusing on their traditional sales channels, a price and stock verification tool is available for physical competitor stores. A thorough examination of your competitors' product catalogs aids in identifying any missing product references and promptly alerts you when new items are introduced. Additionally, a continuous, rules-based module offers price recommendations based on current competitor pricing, enhancing strategic decision-making. Reactev™, developed by Minderest, is an advanced dynamic pricing solution that integrates Artificial Intelligence and business analytics for informed choices. This tool also facilitates the monitoring of recommended or minimum advertised retail prices, allowing for the swift detection and resolution of vendor non-compliance issues. Ultimately, these features empower retailers to stay competitive and responsive in the fast-paced market landscape.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
DynamicPricing
Founded
2012
Country
Bulgaria
Website
dynamicpricing.ai/
Vendor Details
Company Name
Minderest
Founded
2012
Country
Spain
Website
www.minderest.com
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning