Supports pricing activities including new items, retails, promotions and clearances

Lifecycle Price Management includes integrated cloud-based products that retailers can deploy independently or in concert as a comprehensive solution. Using this solution, retailers can improve efficiency, optimize pricing and gain new insight into consumer behavior. Many users of the Price Management solution are accessing its powerful customer, demand, and market insights to price every item in the store, while others benefit from the solution’s comprehensive approach to managing prices across the entire lifecycle — including setting base prices, determining the right promotional price, and placing items on clearance. (Note: This solution comes in versions for a) Grocery and Hardlines, and b) Softlines).

Solution Components

Lifecycle Price Management for Grocery and Hardlines

Optimize pricing to drive sales, volume, or profit while maintaining price image across the pricing lifecycle.

Single pricing system to price across entire product lifecycle and all items.

Improve efficiency by automating cumbersome, time-consuming pricing tasks.

Lifecycle Price Management for Softlines

Maximize volume, revenue and profit by managing and optimizing pricing across the merchandise lifecycle.

Optimize markdown timing and depth to achieve inventory and financial objectives.

Improve efficiency by automating cumbersome, time-consuming pricing tasks.

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