Industries
Optimization Solutions for Retailers
No matter what retail vertical you occupy, understanding the customer
is always a critical factor for success. To remain competitive,
retailers have to know what customers want, provide it when and where
they want it at a price that they believe shows value. Revionics End-to-End Merchandise Optimization
solutions help omni-channel retailers across a variety of retail
industry segments implement shopper-centric strategies for assortment
rationalization; micro and macro-space allocation; social commerce
programs; and pricing, promotions and markdowns across all channels and
touch points.
Merchandising Strategy Benefits by Industry Segment
Shopper-centric predictive analytics can be leveraged by all retail
industry segments to ensure that facts and rules rather than gut feel
are applied when making product, price, promotion and space change
decisions. Here are a few practical applications for specific retail
industries:
- Drug Store/Grocery/Convenience: Develop and execute
category strategies for optimal base, promotion and TPR pricing.
Right-size stores, departments, categories and facings by utilizing
loyalty and market data to ensure optimal product mix and space
allocation. Drive advocacy, loyalty and new customer acquisition with
social commerce programs that provide optimal incentives which generate
bottom line dollars.
- Hardline Retailers: Seamlessly optimize assortments,
space and life cycle pricing across multiple categories, channels, touch
points and store clusters. Implement social commerce strategies that
bring marketing into the merchandising fold through the use of
incentives that help achieve category and loyalty objectives.
- Softline Retailers: Optimize inventory value and
sell-through of seasonal and fashion merchandise with a best-in-class
markdown solution. Generate online and offline sales through social
commerce programs which turn loyalty into advocacy and buzz into
business.
|
Price Optimization for each stage in the pricing lifecycle including base price, promotions and markdowns.
Price Optimization Solutions > |
|
Simultaneous optimization of assortments, micro and
macro-space. Incorporates strategy and science to rationalize product
mix and right-size space allocation.
Assortment & Space Solutions >
|
|
Leverages cutting edge social technologies and the power of optimization to drive loyalty, new shopper acquisition and sales.
Social Commerce Solutions > |
Improving Retail Performance
Our mission is to eliminate the guesswork in price, assortment and
space decisions by providing retailers with smarter, fact-based
recommendations that improve sales, margins, and customer loyalty.
Revionics® End-to-End Merchandise Optimization software and Advanced Analytics help retailers listen to shopper needs and translate
this understanding into the most effective strategy development and
execution possible. Start making decisions with confidence knowing they
are backed by advanced retail science, years of deep retail experience, and a long-term partnership commitment.
Optimization Solutions for Retailers
Life Cycle Price Optimization | Assortment & Space Optimization | Social Commerce