Audience
Retail banks looking for a cloud-based Pricing Optimization software to improve mortgage or savings margins
About Clariti
See how Clariti's SaaS solution can improve your mortgage or savings margins significantly. How is the market behaving and how is it impacting performance? Clariti's approach. Provide a web-based platform that automatically alerts you to significant changes in customer behavior, while allowing you to visualize your data however you want. What happens to volumes when you change individual product rates? Clariti's approach. Advanced predictive analytics using specially designed machine learning algorithms to understand how customers respond to different prices. What are the best prices to achieve the growth outcome I want, while remaining true to risk tolerances? Clariti's approach. Provide a range of price recommendations depending on whether you want to drive volumes, widen margins or somewhere in between.
Integrations
Company Information
Clariti AI
United Kingdom
www.clariti.ai
Videos and Screen Captures
Competera
Competera enables retailers to increase customer trust by setting and maintaining optimal price positions on a real-time basis by leveraging the power of AI. Our deep machine learning algorithms enable our enterprise clients’ to rebound on average 6% of gross margin by continuously calculating and re-quantifying billions of possible price combinations.
Depending on a retailer's needs at each stage of the pricing journey, Competera offers three major products that can be either combined or used separately. These products include Competitive Data providing real-time market data, Pricing Automation reducing time spent on repricing from 60 to 4 hours weekly, and Price Optimization generating 8% revenue uplift on average along with 6% margin growth. The cost of the platform depends on the number of SKUs under management, deployment scale, and product setup.
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Spresso
Spresso is a data-driven, AI-powered approach to pricing strategy, utilizing real-time insights and advanced analytics to optimize pricing decisions for any business goal. Unlock the full potential of price testing with our multi‑arm bandit to quickly identify the optimal price for your products and adapt in real-time to customer and market changes. Leverage multi‑armed bandit experimentation for unparalleled pricing precision. Maximize conversion while protecting margins for promotional campaigns. Understand how price changes impact demand across products to enable strategic pricing decisions.
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priceflo
Objectives often shift as frequently as customer behavior, making it imperative to easily iterate and tune pricing in alignment with targeted outcomes. priceflo™ ensures you can easily work through scenarios while understanding predicted impacts prior to rolling price changes into the field. Data-driven customer groupings with distinct buying behavior and measurable differences in price elasticity are critical in setting pricing strategies. These detailed groupings improve the quality of pricing for existing customers and new customers alike. Understanding customer responses to price variations over time will help highlight opportunities to drive margin improvement and increase top-line revenue. Visual insight to demand drivers and historical pricing behavior offers transparency into why system recommendations are made, ultimately increasing confidence in the price guidance.
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dunnhumby Price
As marketplace competition increases, downward price pressures mean retailers face unsustainably low margins. To succeed and avoid the race to the bottom, retailers must improve Customer price perception and promotional effectiveness, without reducing prices too far. dunnhumby analyses existing strategies and identifies the best tactics for success. So you can optimize pricing strategies to grow margins and profit and boost promotion performance, all while improving customer price perception. Satisfying changing Customer pricing expectations is already a complex task, but combined with the need to hit commercial targets, it can become seriously challenging. dunnhumby Price gives you the ability to strategically optimize prices and forecast outcomes. Using Customer Data Science to recommend optimal base prices, Price helps you build Customer trust, improve value perception, and generate tangible results.
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SaaS
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