Software Tour - Pricing
Revionics Everyday Pricing is based on sophisticated price optimization technology that considers the many factors influencing what an item's price should be.
These factors include the individual item's past sales history, consumer demand data, competitive prices, your pricing philosophy, price-per-unit ratio, and more. All these factors influence customer buying habits and can be used to optimize your profits. Retail sales history and current movement is uploaded to our servers. Optimized prices are then available for you to review and accept at your convenience. RAPS seamlessly integrates with your back-end systems, making pricing a painless and speedy process.
Revionics Everyday pricing provides retailers with a competitive edge. Retail giants and supercenters are implementing advanced analytical pricing systems and gaining yet another advantage. Until now, these systems have been out of reach for many because of high prices and cumbersome installation and maintenance. Revionics can provide you with the tools you need to stay competitive and increase your margins.
Top Down or Bottom Up Planning
- Compares strategies over time.
- On-demand modeling
- Real-time “what if” capabilities
Executes Ideal Prices
- Science and rules leveraged
- Before and after impact summary
- System recommends and ranks
- Highly visual science and art
Set Pricing Constraints:
- System prioritizes price changes by quantity desired
- Controls change frequency
- Limits size of price changes by minimum or maximum change
- Effective dates for rolling on and off price changes
- Conflict management and resolution
Measures Results
- Comprehensive key performance indicators (KPI) and reporting
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