Strategic Retail Pricing Solutions
Execute optimized strategies for pricing, promotions, assortment, and markdowns powered by high-quality competitive intelligence.
Price Optimization
Strike the perfect balance between profitability, perception, and competitiveness
- Zero in on the right price which incentivizes customers to buy, leading to increased sales and revenue
- Account for KVIs and category targets for any price decision
- Model demand and calculate elasticity for every item and location
Promotion Optimization
Take the guesswork out of promotions with actionable insights and focus on what works for your customers and your bottom line
- Identify high-impact items and categories for upcoming promotions
- Incorporate promotional forecasts into your supply chain planning
- Drive bigger basket sizes and foster loyalty with promotions that resonate
Markdown Optimization
Efficiently clear inventory while protecting margins
- Strategically manage markdowns to balance inventory turnover and profitability
- Fine-tune trade-offs to match your goals
- Adjust markdowns to be responsive to market changes
Competitive Intelligence
Access high-quality data to shape a winning strategy and drive better business decisions
- Collect competitive pricing, promotion, assortment, and availability data at the store-level
- Use the data to analyze prices for risks and opportunities
- Match your catalog across competitor catalogs – including national, private labels, and perishables
Assortment Optimization
Increase sales and customer satisfaction with a unique assortment
- Support effective new product development and pricing strategies
- Identify opportunities to differentiate and gain a competitive advantage
- Fill in assortment gaps to increase your sales and average order value
Price Guidance
Understand your competitive retail landscape with a powerful analytics dashboard.
- See your pricing position and identify opportunities and stand out in the market
- Drill down into product-level details
- Set price rules to get optimized pricing suggestions
“ClearDemand gives us a clear look at how our pricing and promotional strategy affects units, profits, and customer satisfaction.”
Director of Pricing
MOM’s Organic Markets“ClearDemand was the unanimous choice to deliver the pricing and promotions necessary for our growth and transformation.”
CIO
Gelson’s MarketsBest Practices in Retail Pricing
5 Myths about Competitive Intelligence & Grocery Ecommerce
There’s a handful of misconceptions about retail competitive intelligence and grocery e-commerce… let’s talk about them.
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Fundamentals of Retail Science: Episode III (Regular Price Optimization in Retail)
Most retail business is regular-price sales. Regular price optimization allows retail science to concentrate on the overall price presentation of products and stores to consumers. We can earn a lot optimizing markdowns and promotions, but we should start with the foundation, regular sales. In this post, we’ll discuss the opportunity in regular-price optimization. From there,
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Price Benchmarking: Strategic Benefits for Retail
Price benchmarking helps retailers stay ahead in the market because it ensures your prices are in line with your rivals.
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Data to Dollars: Achieving Success with Pricing Intelligence
From improved profit margins and competitive positioning to increased sales and customer satisfaction, pricing intelligence helps retailers achieve growth through actionable data and automation. Pricing intelligence is the process of gathering, analyzing, and leveraging data on competitors’ pricing to make informed pricing decisions. Using pricing intelligence, retailers optimize and execute the best pricing strategy. Pricing
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ML Product Matching: A Key Factor to Retail Success
Retailers and CPGs can opt for an automated product matching process since machine learning has created serious efficiencies.
ReadMaximize the Impact of Your Pricing Strategy
Increase in catalog year-over-year
Saved in inventory write-offs across categories
Increase In Data Insights