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ease
features
design
support

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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

The Stratinis Pricing Suite Enterprise Edition is a comprehensive web-based platform designed to provide an extensive pricing suite featuring tools such as Price Analytics, Price Optimization, Price Execution, and Price Administration. It facilitates data integration with enterprise systems like ERP and CRM, along with various external sources such as promotional tools and Excel spreadsheets, ensuring that pricing data is both accurate and readily accessible for effective analytics. This Enterprise Edition is equipped with robust features that empower organizations to oversee the complete Pricing Cycle efficiently. Price Analytics provides users with a wide range of pre-built analyses, coupled with a comprehensive data warehouse and reporting capabilities that deliver critical insights into pricing dynamics across various dimensions, including national trends, sales regions, and channels. This functionality is instrumental in evaluating the vast number of price points suppliers encounter annually. Additionally, Price Optimization aids companies in formulating and implementing effective pricing strategies directly within the tool, enhancing their competitive edge in the market. Overall, this suite serves as an invaluable asset for organizations seeking to refine their pricing processes and decision-making.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

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

Profimetrics

Founded

2006

Country

Portugal

Website

www.profimetrics.com

Vendor Details

Company Name

Stratinis

Founded

2006

Country

United Kingdom

Website

www.stratinis.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

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