
PricingEDITED
AI-powered retail pricing platform for data-driven, competitive, and profitable pricing decisions.
Vendor
EDITED
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Product details
Overview
EDITED Pricing is an AI-driven retail intelligence platform designed to empower retailers with data-driven pricing strategies. By integrating competitive, company, and customer data into a unified platform, it enables retailers to make informed decisions that are market-aware, profit-centric, and customer-focused. This holistic approach helps retailers optimize pricing, promotions, and product assortments to stay competitive in the dynamic retail landscape.
Features and Capabilities
- Price Adjustment: Utilizes AI to automatically identify products that may benefit from price increases or decreases, ensuring optimal pricing strategies.
- Competitive Analysis: Provides tools to visualize and benchmark against competitors' products by price point, pricing architecture, discount depth, and pricing mix.
- Performance Analysis: Offers insights into product performance, profitability, promotion effectiveness, and customer profitability, aiding in strategic decision-making.
- Pricing Automation: Enables automation of price changes based on predefined rules, such as margin targets, stock levels, and conversion rates, enhancing efficiency.
- Profitability Insights: Identifies which items and price points drive the most profitability, allowing retailers to leverage these insights to boost customer lifetime value.