Price Suite. Drive improved customer loyalty and sustainable competitive advantage with rules-based pricing, simulation and dynamic pricing.
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1 Price Suite Drive improved customer loyalty and sustainable competitive advantage with rules-based pricing, simulation and dynamic pricing.
2 Price Yourself Into Their Hearts. Shoppers know what they want and what they are willing to pay. You cannot afford to price too high or too low, or be too slow to respond to their desires. Price is and will always be one of the most critical factors influencing the shopping journey. Winning retailers have moved beyond price matching and margin rules. They dynamically craft prices that are strategic, impactful and relevant for shoppers. Execute your pricing that touches shoppers hearts with Revionics Price Suite. Proven Price Solutions for All Retailers, Channels and Verticals Regardless of how you currently price today, Revionics delivers fast results. Revionics Price Suite helps retailers of all sizes from all verticals improve performance, strengthen customer relationships, and crush the competition. Leveraging transparent, self-learning science, the Suite explains the why behind the results in terms that people understand. Therefore, you become more confident, knowledgeable and in control of your prices. Align prices to business strategies, category roles and customer demand Prioritize decisions with rules and constraints Predict outcomes through simulation and forecasting Gain insights and knowledge from data-driven optimization Dynamically price using competitive and market data Compete against the right competitors, while monitoring and comparing their pricing tactics Revionics Price Suite is part of a unified pricing platform that also includes Revionics Promotion Suite and Revionics Markdown Suite. Users can seamlessly manage prices across the product lifecycle. This ensures consistent execution and improved forecasting while avoiding price conflicts, wasted work and unnecessary price reductions.
3 Fall in Love: A Pricing Solution Made for You Play and Win by the Rules. Revionics Price Suite helps you effectively manage pricing rule complexity with Revionics Price Management. This solution assures pricing consistency and adherence to company pricing rules, vendor policies and competitive positioning. Scalable to meet large retailers volume, it provides extensive business rule sets, intuitive workflows, and easy-to-understand analytics so you can meet your essential pricing needs. You will be able to discern which rules are relevant, when to use them, and then execute consistently across the enterprise to drive customer loyalty, vendor relationships, revenue and profit. Price Right, Every Time. Every product, category and store must be analyzed and understood individually in order to maximize financial results. But this daunting pricing task presents an overwhelming data nightmare without the right capabilities. Revionics Price Optimization blends strategy, business rules, science and data to recommend optimal prices and forecast the effect on customer demand. With this solution, you gain visibility into shopper price sensitivity, competitive price positions, cost changes, seasonality and other relevant data points that influence profitability, competitiveness and demand. Respond to Your Customers Signals. Separate customer signals from the noise with Revionics Strategic Price Simulation. This solution prepares you for inevitable market changes. Using sophisticated predictive analytics and forecasting, you can test new strategies, simulate and compare different outcomes before implementing them in the market. By adding science to intuition and highlighting influencing factors, you ll have the facts you need to drive your business. No more waiting to find out what competitors are doing and how customers are reacting. You can react faster, more accurately and more strategically than ever before while incorporating your experience into every decision. The competitive price data algorithms and optimization emulate users, and considers price sensitivity and competitive sensitivity. Simply put, the solution considers how shoppers react to both your and other retailers price changes. Since not all competitors are created equal and customers have preferences for specific items, Revionics helps you identify which competitors truly influence demand, which items in the assortment are key, and how competitive you should be to achieve your business objectives.
4 Don t Just Cut Prices. Craft Them. Stay ahead of your customers with Revionics Dynamic Pricing anytime, anywhere. You are empowered to always craft and deliver the best price with intra-day pricing while avoiding margin loss due to rampant price matching. You can be assured that you are pricing strategically in the moment, online and in store. The solution gathers price data, forms it into visual insights, reoptimizes and automatically approves while alerting users regarding items requiring additional attention; all in real time. Competitive Intelligence for Smarter Pricing Decisions. Revionics Price Suite offers accurate online competitive intelligence data to support more responsive, precise pricing decisions via our Revionics Competitive Price Data, Insights and Management solutions. Through user emulation, these solutions deliver the highest matching rates in the industry as well as powerful dashboards, visual reporting and analysis of competitive data capabilities to ensure you have the best information to drive your pricing strategies. Also, Revionics Competitive Price Management provides an introductory rules-based approach for those online retailers desiring a simplistic approach to managing their prices against competitors. Quick to learn and implement, these solutions can be ready in 2-3 weeks for immediate responsiveness.
5 Drive Performance and Competitive Edge with Revionics Price Suite Drive 1-4% sales growth and 2-5% gross margin improvement Derive sustainable, year-over-year benefits while supporting strategic and financial objectives Leverage insights into competitive pricing, trends and shoppers responses Increase shopper trust with price consistency across all channels
6 Revionics Price Suite enables retailers to drive improved performance, loyalty and sustainable competitive advantage with: Revionics Price Management Revionics Strategic Price Simulation Revionics Competitive Price Data Revionics Price Optimization Revionics Dynamic Pricing Revionics Competitive Price Insights Revionics Competitive Price Management
7 Unmatched Solutions with Undeniable Results for Responsive Merchandising Revionics enables performance-driven retailers to create a sustainable competitive advantage and undeniable ROI in today s new retail reality. Our proven, industry-leading SaaS-based pricing, promotion, markdown, space, assortment, and competitive intelligence data and insight solutions offer the speed, intuition, transparency and scale that you need to achieve a responsive merchandising model in an era when business strategy intersects with data science. Profitably respond to customer signals everywhere in the shopping journey. Learn why 40,000+ retail sites around the globe optimize with Revionics. revionics.com
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