Progressive Grocer Shares Their Perspective on Smart Pricing and the Clear Demand, Bungee Tech Merger
In today’s operating environment, smart pricing choices can make a difference in margins and a retailer’s competitive edge. To help grocers optimize their pricing and promotions, two organizations are pooling their resources and creating comprehensive data-based solutions.
This week, Clear Demand and Bungee Tech announced that they are merging to create an AI-powered pricing optimization and competitive intelligence platform. Operating under the Clear Demand name and based in Scottsdale, Ariz., the organization combines Clear Demand’s AI-driven price and promotion optimization solutions with Bungee Tech’s advanced competitive pricing intelligence that can process billions of data points using machine learning.