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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.
Description
Dynamic pricing for used and refurbished electronics. Trade in, buyback, resale.
Our dynamic pricing API-based product suite allows you to increase sales, margins and scale the resale/buyback operations. We support all major ecommerce platforms and indirect integrations.
ResellWell: Increase sales and margins by using dynamic pricing algorithms, custom strategies and competitive positioning for your sales channels, online, offline and franchises. We integrate your catalogue, and directly apply your price strategies to your ecommerce or central IT system.
BuybackWell: Automate and shape your buyback and trading-in operations using dynamic used product valuations and custom strategies that are integrated directly into your IT system. The conversion rate and retention potential of your users are significantly improved by showing them valuations.
API Access
Has API
API Access
Has API
Integrations
Google Shopping
Magento
PrestaShop
Shopify
WooCommerce
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
Profimetrics
Founded
2006
Country
Portugal
Website
www.profimetrics.com
Vendor Details
Company Name
RecommerceIQ
Country
Italy
Website
www.recommerceiq.com/en
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