Overview

AIP transforms the pricing strategy landscape by providing retailers with an advanced suite of tools tailored to their unique needs. It goes beyond traditional pricing tools by creating a holistic pricing ecosystem that drives margin gains and helps meet financial targets through intelligent, dynamic pricing adjustments.

Features

• Seamless Data Foundation: AIP integrates effortlessly with ERP systems, ensuring retailers can make informed, real-time pricing decisions. This seamless integration keeps the pricing Ontology and Rules current, enabling effective and timely decision-making.
• Customizable Dynamic Pricing: Retailers gain the ability to develop and manage bespoke pricing strategies that respond in real-time to market conditions such as demand fluctuations, competitive pricing changes, and seasonal trends. For instance, AIP's flexibility allows for proactive business rules, such as automatically lowering a product's price by 10% to match a competitor's reduction, ensuring market competitiveness and responsiveness.
• Strategic Pricing Execution: With AIP, retailers can directly link pricing strategies to their broader business objectives, whether that's improving profit margins, increasing sales volume, or managing inventory more effectively. AIP ensures that every pricing decision contributes positively to the overarching goals of the business.
• Holistic Pricing Management: AIP offers a comprehensive approach to managing prices in real-time. It enables retailers to monitor compliance with pricing rules, assess the profit impact of price changes, experiment with different pricing strategies, and streamline the approval process for adjustments. The platform supports scheduled price updates within budgetary constraints and ensures adherence to pricing regulations, while also allowing for the integration of complex pricing rules and exceptions as business needs evolve.