To plan pricing and promotions with precision, it is crucial to have a clear understanding of how your own promotions, as well as those of your competitors, impact your sales volume and revenue.
Key Benefits
Know which products are selling and at what pricepoint across each channel in your market
Change pricing and promotions on the fly as markets change to stay ahead of competitors and maximize sales during key promotional periods
Simulate your temporary pricing adjustments to ensure you aren’t leaving money on the table
Quickly spot opportunities in and across categories and be the first to adjust pricing and promotions accordingly
Understand what promotions attracts the most shoppers and if they trigger brand and store switch or waste money
How it works
Track sales and revenue data
Conduct A/B testing
Analyze market response
Competitive analysis
Utilize advanced analytics techniques
Iterate and optimize
Customer feedback and surveys
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