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About
Pricing software solutions providing entry level Price Management through to the most sophisticated Price Optimization and Automated Rules Based Pricing needs using ‘elasticity demand models’ that encapsulate the interaction and collision of prices along with other merchandising activities. This enables the system to then forecast the likely outcomes of different prices. The solution brings together all the elements of pricing necessary in today’s markets to implement and optimize Hi-Low, EDLP or a mix of those strategies through line item, brand, supplier, competitor and category rules and differentials, mixed with performance targets. The price optimization module enables you to maximize the overall profit, margin or contribution of a portfolio of products. Unlike other revenue optimization products we can optimize regular and promotional prices, separately or concurrently and on demand, taking the effects of each other into account.
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About
Upgrade your pricing strategies to competitive prices, generated in seconds to drive profits and save you hundreds of hours researching, comparing, and analyzing. Use custom data to fine-tune thnkrAI's general pricing model on specific datasets. Achieve highly personalized predictions tailored to your unique business needs. thnkrAI's API seamlessly integrates into any enterprise backend workflow with just 10 lines of code, providing the easiest way to price all your products. Get competitive prices from our model just by using product text data - no encoding necessary. thnkrAI eliminates the need for other price comparison services, platforms, or employees to do pricing research.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Retailers that need a price optimization solution
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Audience
Businesses wanting a solution that provides pricing models and analysis
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationRetail Express
Founded: 2004
United Kingdom
www.retailexpress.com
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Company InformationthnkrAI
Founded: 2023
United States
www.thnkrai.com
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Categories |
Categories |
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Pricing Optimization Features
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Retail Management Features
Commission Management
CRM
eCommerce
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
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Integrations
No info available.
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Integrations
No info available.
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