Price Optimization – A Proven Way to Enhance Profitability
Revionics’ Life Cycle Price Optimization solutions apply predictive analytics and demand-based science to provide a deep understanding of shopper behavior enabling you to build and execute a pricing strategy that improves profits, sales, margins and customer loyalty.
Revionics® Price Optimization – Includes both Price Management and Price Optimization. Blends pricing science, and your business rules and price strategy to ensure your products are priced right everyday at the item/store level.
Revionics® Promotion Optimization – Includes robust Planning, Management and Optimization of promotions. Blends science, rules, and promotion strategies to select the most profitable items and offers to maximize results.
Revionics® Markdown Optimization – Helps you navigate markdown strategy and planning to maximize margins on clearance inventory while accelerating sell-thru.
All Revionics solutions include ‘What-if’ Scenario Planning allowing you to compare and contrast the outcomes of different strategies before making a decision.
Revionics’ solutions also offer complete Transparency into all recommendations so that you have all of the facts behind any price, promotion or markdown recommendation.
Proven ROI – Revionics Retailers See an 8 to 18-fold ROI on Price Optimization
Revionics is the leader in delivering innovative predictive analytics for retail life cycle price optimization, including base price, promotion, and markdown planning and optimization. The Revionics solution leverages an integrated forecast, enabling a coherent view of customer demand across all decision areas. Our proprietary approach, applies advanced analytics and science to predict customer behavior, empowering retailers to achieve their financial objectives, improve customer loyalty, and make better, faster decisions. Our solutions are delivered on a high performance, scalable SaaS platform providing agility, ease of use and speed- to-ROI. Revionics has experienced almost 70% CAGR over the last 3 years and has over 30,000 retail locations and $73B in annual revenue under price optimization management across grocery, automotive, drug, building materials, convenience, general merchandise, discount and sporting goods stores.
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