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Description
Fetcherr provides an AI-enhanced solution for pricing and revenue optimization specifically designed for the aviation sector. At its core lies the Large Market Model (LMM), which fuels various components such as the Generative Pricing Engine (GPE) and the Generative Inventory Engine (GIE); these tools work together to forecast demand, fine-tune ticket prices, and manage inventory in real-time. Acting as a perpetual “super analyst,” the platform keeps a vigilant eye on market trends around the clock, utilizing clear and understandable methodologies to make dynamic pricing adjustments based solely on publicly available data rather than personal information. Fetcherr is capable of integrating seamlessly with existing airline systems, including Passenger Service Systems (PSS) and older technologies, facilitating a smooth transition to cloud-based retail operations and allowing for a gradual introduction of automated pricing mechanisms. With features such as A/B testing, it supports phased deployment and aims to enhance revenue and streamline workflows while ensuring that all processes remain transparent and accountable. Additionally, the adaptability of Fetcherr’s system means that airlines can continuously refine their strategies, ultimately leading to more informed decision-making and improved financial outcomes.
Description
A cutting-edge solution has been developed for effectively implementing strategies related to Pricing, Promotions, and Markdown optimization. Rather than fixating on parameters, a strategic mindset is essential. The approach to Stock Optimization revolutionizes replenishment and allocation processes through a superior blend of regular and promotional forecasting. Many retailers tend to rely on simplistic pricing strategies that are anchored in fixed gross margins. However, until actual trading commences and sales data is available, it remains uncertain whether the initial pricing is appropriate. The Pricing Lifecycle framework enables the preservation of brand integrity and margin safeguarding while maintaining favorable price perceptions. By integrating data, pricing methodologies, and optimization strategies, businesses can accurately determine the optimal price across all channels on a daily basis. Additionally, this system facilitates simulations that assess the potential impacts on sales, margins, and price perception of various decisions before they are implemented. Ultimately, this innovative approach can enhance revenue and gross margins by anywhere from 2% to 6%, setting a new standard in the retail industry. Furthermore, this comprehensive solution empowers retailers to adapt more dynamically to market changes, ensuring they remain competitive in an ever-evolving 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
Fetcherr
Founded
2019
Country
Israel
Website
www.fetcherr.io
Vendor Details
Company Name
Profimetrics
Founded
2006
Country
Portugal
Website
www.profimetrics.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