Promotion Optimization: Set Up Events that Resonate
Promotions are the most significant driver of sales and loyalty.
Ensure your promotions are targeted, effective, and profitable with AI-driven promotion optimization.
Maximize ROI by identifying the right offers, preventing unnecessary discounts, and driving customer engagement.
By analyzing data and forecasting outcomes, you’ll understand every item’s role and impact in achieving your business results.
- Analyze historical promotional performance
- Suggest items and categories for future promotions
- Forecast revenue, profitability, and unit impact
- Segment customers for targeted promotions
DATA-DRIVEN DECISIONS
- Optimize promotional items, offers, and discounts
- Incorporate cannibalization and affinity impacts
- Establish the best vendor deals and temporary price reductions
- Forecast impacts and lifts of overlapping promotions and events
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Craft Successful Promotions with AI
Make data-driven decisions with confidence, using industry-leading forecasting to guide your promotional strategies.
Maximize Returns
Analyze data and consumer behavior to allocate promotional budgets to the most effective categories and items.
Improve Margins
Eliminate promotions that fail to increase sales and focus the promotions that create business impact.
Increase Loyalty
Excite your customers with promotions that drive traffic, build baskets, and increase shopping trips.
Complete Promotion Optimization Solution
FORECAST IMPACT
Predict the impacts of overlapping promotions and upcoming price changes on revenue, profits and units.
IDENTIFY OPPORTUNITY
Use analytics to replace ineffective offers with promotions that drive sales and traffic.
ROI-DRIVEN PROMOTION
Evaluate, plan, and execute, promotions that maximize ROI and customer engagement for your pricing strategy.
Personalized Pricing: Optimizing Regular and Promotions Together
In this webinar, we present the benefits of personalized pricing and explore how to achieve those benefits through promotions, customer segmentation, and dynamic pricing.
Deep dive into the new innovations in pricing in promotion science – including jointly optimizing pricing and promotions.
Price Optimization
Set the perfect price every time to drive profitability and loyalty
- Forecast sales, margins, and expected results with accuracy
- Incorporate KVIs and category targets into pricing decisions
- Ensure rule adherence while balancing compliance costs
Competitive Intelligence
Empower promotional decisions with complete intelligence
- Receive accurate data from hard-to-access sites and hard-to-match categories
- Gain a 360-degree view of competitor pricing, promotion, availability, and assortment data
- Identify competitive gaps and capitalize on opportunities
Markdown Optimization
Efficiently clear inventory while protecting margins
- Optimize timing and depth of clearance items
- Reduce waste and maximize profits on expiring items
- Balance profit and sell-through to clear inventory efficiently
Smarter Promotions, Bigger Results
Stop leaving promotional results to chance! Eliminate wasteful promotions that don’t drive sales and focus on strategies that maximize impact.
Saved in inventory write-offs across categories
Increase In Sales Based On Product Popularity And Category
Reduction in cleansing and auditing time
Promotion Optimization Content for You
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3 Types of Data Visualization that Are Useful in a Retail Setting
Being a pricing or promotions professional for a leading retailer can be a thankless task. The amount of data in which you consume and analyze grows exponentially as well as the demands for answers that are placed upon you by various stakeholders. Often, the data is not optimized or accessible, and the tools that you have
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Fundamentals of Retail Science: Episode IV (Promotion in Retail)
Welcome back! While we are still covering the basics, we’re graduating to more complex topics and techniques that can be employed by retailers. In this post, we’re breaking down the fundamentals of promotion. Promotion is the sizzle and sparkle of retail, the attention-getting part of retail that shoppers notice. Promotions can help or hinder the
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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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Gelson’s Selects ClearDemand Price and Promotion Optimization to Provide Additional Value to their Customers
Gelson’s uses advanced AI application to gain new insights and improve automation as consumers become more price-sensitive and adjust their shopping habits. SCOTTSDALE, AZ – Jan 15, 2024 – Today, ClearDemand announces its newest retail customer, Gelson’s Markets, a specialty supermarket chain in Southern California known for its unique assortment, high quality, product freshness and unsurpassed
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Crafting Success with Promotional Planning and Optimization
What makes a successful promotion? We’re exposed to promotions daily, influenced by some, and numb to others. We should be great at knowing what works and what doesn’t. Successful promotions require objectives and goals, a well-understood target audience, a substantial value proposition, a sense of urgency, great timing, clear communication, little to no participation barriers,
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