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ease
features
design
support

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Description

Pricing software solutions provide entry-level Price Management, through to the most complex Price Optimization and Automated Rules Based pricing needs. The system can then forecast the likely outcomes for different prices. This solution combines all elements of pricing in today's market to implement and optimize Hi/Low, EDLP, or a combination of those strategies through line items, brand, supplier and category rules and differentials. It also includes performance targets. Price optimization allows you to maximize your portfolio's profit, margin, or contribution. We can optimize regular and promotional pricing separately or concurrently, and on demand, without having to take into account the effects of other revenue optimization products.

Description

Integrating artificial intelligence with human knowledge enables organizations to make decisions that are efficient, profitable, and executed with confidence on a large scale. By automating processes, businesses can swiftly address customer inquiries while effectively managing pricing strategies. The system offers real-time price recommendations that evolve based on market feedback, utilizing active learning techniques. It provides clear commercial guidance and data-driven insights that are essential for enhancing and safeguarding profit margins. Our AI models, developed using authentic data, ensure consistent and powerful outputs. By analyzing intricate historical and real-time customer purchasing patterns, businesses can discover the most effective pricing approaches and swiftly adapt to fluctuating market conditions. The solution not only generates adaptive price recommendations but also assesses pricing effectiveness, allowing businesses to continuously evaluate and strategically modify their prices in response to changes in supply and demand. Furthermore, this innovative approach has shown a capacity to enhance key performance indicators while sustaining customer conversion rates, demonstrating remarkable resilience in recovering from disruptions while managing risks effectively. Ultimately, this fusion of technology and human insight provides a pathway to sustained growth and competitive advantage.

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

Retail Express

Founded

2004

Country

United Kingdom

Website

www.retailexpress.com

Vendor Details

Company Name

Solvo.ai

Founded

2021

Country

United Kingdom

Website

www.solvo.ai/

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

Retail Management

CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce

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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