BENEFITS OF PRICE OPTIMIZATION IN GROCERY
- Analytics-based pricing optimization
- Increase profits & improve sales
- Optimize sell-through
- Align prices to customer needs
- Maximize the value of sales
- Identify features that add value
- Achieve business goals
The Price Engine Built for Grocery Retailers
Product-level pricing recommendations
Should I increase ticket prices for particular products or categories?
Cutting-edge technology
Can I easily see and analyze prices for risk and opportunity?
Downstream integrations
Are downstream integrations native to the pricing optimization platform?
Pricing. Simplified.
Pricing decisions are challenging. Disconnected, siloed data shouldn’t stand in your way of price optimization.
Retailscape, grocery’s best-in-class retail price optimization solution, takes out those complicated parameters so that you can easily make real-time price adjustments.
MARKET ANALYSIS
- Product Matching
- Data Collection
- Price Comparison
- Category Normalization
- Brand Normalization
PRICE OPTIMIZATION
- Pricing Rules
- Pricing Recommendations
- Brand Gap Analysis
- Category Gap Analysis
CATEGORY EXECUTION
- Pricing Approvals
- Integration With Websites
- Integration With Other Downstream Systems
- Assisted Onboard
IMPACT ANALYSIS
- Pricing Analytics
- Price Elasticity
- Sales Trends
- Volume Trends
- Category Trends
Why Bungee Tech?
Experience & Value
- Expertise in grocery retail
- Dedicated account support 24/7
- Proven results
Leading Technology
- Easy to implement
- CIE engines for best outcomes
- Competitive price monitoring
- Improve workflow management
Intuitive Dashboards
- Grocery retail sees insights immediately
- Scalable platform
- Proactive problem resolution
Your Growth Engine
Use Bungee Tech’s retail price optimization solution, Retailscape, to understand your current strategy’s effectiveness and to map pricing rules for the most profitable way forward.
- Respond in real time to price changes
- Identify KVIs
- Improve promotion strategy
- Better price perception
- Monitor & optimize performance