As a leader in grocery retail, you’ve seen firsthand how 2024 has been a year of both challenges and transformation. An industry evolving — fueled by changing consumer priorities, inflation, and the pressure to stay competitive in a crowded market. Trends like private label expansion, the importance of value perception, and the adoption of advanced pricing
From improved profit margins and competitive positioning to increased sales and customer satisfaction, pricing intelligence helps retailers achieve growth through actionable data and automation. Pricing intelligence is the process of gathering, analyzing, and leveraging data on competitors’ pricing to make informed pricing decisions. Using pricing intelligence, retailers optimize and execute the best pricing strategy. Pricing
Grocery retailers, squeezed by razor-thin margins and customer demands for the lowest prices, must move beyond manual price monitoring and guesswork. To stay ahead, you need high-quality, reliable competitor pricing data. That’s where a competitive intelligence program comes in. What is retail competitive intelligence? Retail competitive intelligence is the process of collecting, analyzing, and leveraging
Choosing the right pricing analytics and price optimization platform is more than just a smart move — it’s essential for staying competitive and driving retail growth. » 70% of retail decision-makers plan to spend on AI-driven pricing solutions within the next 2 years. (Gartner) » 56% of businesses are using AI to improve and perfect
Should I build or buy a pricing platform that empowers your teams to execute on strategies that increase margin, profit, and growth?
Data harmonization is a strategic differentiator. It transforms your data into uniform, timely, and useful business insights.
AI-powered price optimization is a breakthrough for retailers seeking a competitive edge, revenue growth, and improved margins. When our team set out to build the best retail price optimization solution, we noticed that many retailers rely solely on sales data to inform their price decisions. Implementing price optimization software enables retailers to analyze vast amounts of data, prioritize pricing adjustments,
Online shopping now accounts for 11.6% of grocery sales and is predicted to make up 25% by 2030. Read on to uncover hidden grocery profits.
Price optimization is the process of setting the optimal price for each product. Read this blog post to learn more.
Is your business operating ahead of the competition? Answer the questions in our health check to see areas to boost revenue operations.