Retail - Naarden, Noord-Holland, Netherlands
The rise of the Internet has had a big impact on pricing strategies of retailers. Shoppers now have full price transparency, both online and in physical stores. More and more retailers are starting to adjust product pricing on a daily basis, some even multiple times a day, across 100,000+ products. If retailers - both online pure players as traditional brick & mortar players - want to stay competitive in this dynamic retail environment, they have to automate their pricing strategy. The Automated Dynamic Pricing System (ADPS) automatically calculates optimal price points for a retailer's products, based on a predefined pricing strategy and price elasticity of products. For both retailers and manufacturers (brands), ADPS provides extensive price monitoring and other pricing insights.
Outlook
Microsoft Office 365