Audience
Businesses searching for a solution to improve their services and manage their prices
About Pricing Lifecycle
Leading-edge proved solution for the implementation of Pricing, Promotions, and Markdown optimization strategies. Forget parameters, think strategically. Stock Optimisation takes a new approach to replenishment and allocations, based on a best-of-breed regular and promotional forecast. Most retailers use very simple pricing rules based on fixed gross margins. Until trading begins and sales come through, a retailer can never tell if the initial price they have is right. Pricing Lifecycle helps you retain brand integrity and margin protection without destroying price perception. Merge data, pricing strategies and optimization tactics to get to the right price, in every channel, every day; Allows for simulation measuring the impacts on sales, margin, and price image of all your decisions prior to execution. Improves revenue and gross margin from 2-6%.