RAPS Pricing Software Delivers Consumer-Centric Pricing

To succeed and thrive, retailers like you, must have consumer-centric pricing.

Consumer-centric pricing is a must in today's economy. Retail prices should be optimized and modeled at a frequency that keeps pace with the market. RAPS Pricing Software not only models every item in every store at least each week, but offers on-demand scenario modeling using the best forecasting science in the industry.

Consumer-centric pricing requires a retailer to understand how consumers are behaving by store (or location for online retailers), and how they shop by item.

Revionics is the only optimization provider analyzing such detail at the frequency needed to predict consumer behavior with precision.

Comprehensive, strategic pricing software:

• Evaluates costs, competition, assortment, pricing rules, and strategy
• Includes consumer-demand data intelligence from POS, calculating price elasticity
• Uses retail pricing science to analyze assorted data
• Generates weekly optimal base, promotion, and TPR prices
• Models and forecasts scenarios for strategic planning purposes
• Easily integrates with existing systems

Revionics Advanced Pricing Solution (RAPS) Components include:

Advanced Pricing Technology:

• Everyday Price (SRP) Optimization
• Promotion Optimization and Planning
• Markdown Optimization
• Scenario Modeling and Forecasting for all price types
• Analytics and Performance Reporting
• Competitive Data Collection Tool

Implementation, Support, and Strategy Services:

• Price Strategy Consultation
• On-Boarding Assistance
• Weekly Data Review and QA
• Competitor Response Analysis
• Quarterly Business Reviews
• and more!

Price Strategy Services - Optional Consulting Engagements

Are you a retailer that needs price strategy consulting?

You can leverage Revionics' deep retail domain expertise and leading optimization technology to assist in the definition of a new and improved price strategy methodology. Retailers benefit from Revionics' hands-on experience with our large customer base, not to mention the benefit of leveraging an extensive tool kit of optimization analysis. Retailers receive a unique combination of retail price strategy expertise in tandem with industry-leading price optimization technology!

Learn more about Price Strategy Services consulting engagements.