Control Your Market through Price
Wide assortments, multiple sales channels, and high service expectations are a part of everyday specialty retailing. Despite these challenges, economic realities remain, such as increased costs, inflation, and financially stressed consumers.
CLEARDEMAND‘s AI Pricing, Promotion, and Markdown deliver a consistent price image that adapts to market and consumer fluctuations. Accurate, integrated forecast ensures that products will be in stock: the results are increased revenue, profitability, and customer loyalty.
Focus On ROI
Typical Improvements 8 - 15% ROI
AI Price and Promotion Planning & Optimization
For Specialty Retailers
Synchronizes Prices, Promotions, and Markdowns Online and In-store to Produce a Consistent Experience
Beat The Competition
Don't let general retailers take your market. Set and execute your competitive price strategies that resonate with your local markets.
Enhance Rules Management
Manage all the rule complexities across your assortment, keep them up to date as the market changes, and understand the trade-offs and opportunities driven by rule decisions.
Price For Your Customers
Use AI and machine learning to set prices by knowing what products and prices matter to your customers, how prices effect buying decisions, and how those change over time.
Understand the lift, revenue, units and profits for your promotions and vehicles before making a final decision.
Avoid Inventory Issues
Ensure supply will meet demand by integrating the promotional demand forecast into your replenishment and ordering systems.
Maximize Profit and Revenue
Find that sweet spot between maximum revenue and maximum profit for every item.
Accelerate Your Pricing Maturity
Intelligent Price Management and Optimization is increasing in importance for omnichannel retailers in light of current developments. Legacy processes that rely on spreadsheets and rules of thumb no longer meet the challenge.
No matter how proficient a retailer is in their pricing maturity, they can take steps to improve their profit, revenue, and competitive position.
This guide from Clear Demand outlines the path to optimization for sustained profitability in today’s highly dynamic marketplace.