Retail Price Optimization for Profitable Growth
Strike the perfect balance between revenue, profitability, and competitiveness. ClearDemand’s AI-powered price optimization executes competitive retail pricing without sacrificing margin or value.
Price Optimization: Set the Best Price, Every Time
Retail success revolves around value.
Price directly impacts profit margins. Price is a purchase trigger. Price informs your competitive strategies.
The right prices keep people coming back – the wrong prices mean risking profits and loyalty.
Turn to a solution that helps you understand your customers and fuel long-term growth.
- Optimize prices for the entire store, including fresh
- Prioritize multiple rules when conflicts arise
- Incorporate KVIs and category targets
- Ensure rule adherence while balancing compliance costs
PATENTED SCIENCE
- Model demand and calculate elasticity for every item and location
- Manage out-of-stocks and use AI to infer demand
- Forecast expected sales, margins, and results before hitting approve
- Quantify the value gained from every price adjustment
“ClearDemand was the unanimous choice to deliver the pricing and promotions necessary for our growth and transformation.”
Chief Information Officer
Gelson’s Market“Partnering with ClearDemand has given us the tools needed to continuously evaluate and reevaluate our pricing. It 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“Our goal is to provide our customers with a new shopping experience that reflects changes in their shopping preferences. ClearDemand will enable us to better plan, manage and optimize our promotions so that we can continue to fulfill our promise to customers.”
Director, Consumer Insights & Analytics
M&M Food MarketPrice Optimization is Your Solution to Growth
Confidently execute your price strategy. Combine patented science and business rules to set competitive prices that drive bigger baskets and customer loyalty.
Bigger Baskets
Zero in on the right price which incentivizes customers to buy, while protecting your bottom line measuring impact.
Price Image
Set prices that deliver value, improves your price image, increases customer loyalty, and generates more shopping trips.
Competitiveness
Adapt to market changes and competitor pricing shifts to solidify your competitive edge.
Simplify Your Pricing Operations
TRANSPARENT INSIGHTS
Easily understand the “why” behind every pricing recommendation to empower data-driven decisions and stakeholder trust.
WHAT-IF ANALYSIS
Simulate pricing scenarios to assess risks, optimize benefits, and sharpen your approach before implementing changes.
OPTIMIZE PRICES
Hit revenue, profitability, and competitive targets for all categories through innovative science and comprehensive business rules.
Is It Time to Reevaluate Your Pricing & Promotion Strategies?
Every retailer places importance on winning and value through price, but we know not all have great performance. Price and Promotion Optimization are the most powerful and immediate levers to winning trips, sales, and margin.
Competitive Intelligence
Empower confident decisions with complete market intelligence
- Analyze competitor pricing trends and promotional strategies
- Identify competitive gaps and capitalize on pricing opportunities
- Make informed, data-driven decisions around your pricing strategy
Promotion Optimization
Create targeted, effective events to boost sales
- Plan and execute promotions that drive sales and customer loyalty
- Track promotion effectiveness and optimize future campaigns
- Evaluate scenarios and minimize risks to find the ideal selection and price
Markdown Optimization
Avoid profit loss from poorly timed discounts
- Adjust markdowns to fir your strategy
- Forecast demand to optimize timing and discount plans
- Balance profit and sell-through to clear inventory efficiently
Confidently Execute Winning Prices
Leverage cutting-edge science and set pricing rules that fuel bigger baskets, boost customer loyalty, and drive growth.
Saved in inventory write-offs across categories
Increase In Sales Based On Product Popularity And Category
Reduction in cleansing and auditing time
Price Optimization Resources
Choosing Pricing Analytics and Optimization: 7 Essential Questions to AskÂ
Choosing the right pricing analytics and price optimization platform is more than just a smart move — it’s essential for staying competitive and driving retail growth. » 70% of retail decision-makers plan to spend on AI-driven pricing solutions within the next 2 years. (Gartner) » 56% of businesses are using AI to improve and perfect
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A Business Case for Price Optimization
My first price optimization implementation yielded $45 million in profit in three months and forever changed my views on pricing software and benefits to this day. Several years ago, I supported an international US-based retailer. During this period in my career, I implemented large retail ERP systems consisting of multi-year, multi-phase projects, detailed hardware sizing,
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5 Ways to Maximize Your Investment in Price Image
So many retailers feel caught between a rock and a hard place. You know that competition is fierce and that you must lower prices to retain and attract shoppers. At the same time, you face pressure from shareholders to raise prices to deliver stronger margins. History has shown that retailers who indiscriminately raise or lower
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Secrets to Making Price Optimization Compliant with Rules
Rules are everywhere… Your mother had rules. Your teachers had rules. And retail pricing has rules. Pricing rules are critical to your business and brand. A retailers pricing communicates your price image and defines your retail brand to your customers every day! That’s why it’s critical to invest in a solution that will help you manage
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Uncover Hidden Profits with Powerful Category Analysis
Online shopping now accounts for 11.6% of grocery sales and is predicted to make up 25% by 2030. Read on to uncover hidden grocery profits.
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