Control your retail prices with ease!
Damaging margins, cannibalizing product sales, being a pawn to the competitions’ market price standards, and other pricing pitfalls are a great way to ruin business. Managing the prices of tens of thousands of SKUs in spreadsheet-like tools is extremely inaccurate, time-consuming, and prone to margin-leakages. This poor visibility keeps top managers out of the business driver’s seat.
Enter Yieldigo–our glass-box Price Management software helps pricing professionals execute the most complex and effective pricing strategies through an extremely intuitive Rules cockpit that helps automate the pricing process, equipping users with self-learning AI/ML algorithms. The most advanced retail chain pricing professionals have won between 3% to 12% of their sales margins back.
Our dedicated delivery team helps you quickly integrate your data into the product, which provides actionable, real-time rendered price figures in less than 12 weeks. End-users have full control over the powerful ML/AI cockpit rather than the ML/AI ruling them, keeping top management in the decision-making driver’s seat. And with only 8 clicks to take any pricing action, we can proudly and safely say that with Yieldigo price management has never been more fun or easy, empowering you to make industry-savvy decisions that drive your retail business.
Features:
● What-if Simulations Using Pricing Scenarios - Predict the impact your potential pricing strategy changes will have on your overall KPIs.
● Pricing Across Zones and Territories - Ensure that the prices you set for any given product are right throughout your assortment for all of your locations and channels.
● Brand Positioning - Compare your private brands and position them against your national brands, enabling you to sustain a healthy brand hierarchy.
● Competitor Price Analysis - Keep your friends close, and your competitors closer–gain insight into market pricing standards, and never lose sight of your competition’s prices.
● Product Families - Organize articles that belong together and manage them–Yieldigo offers suggestions for where you can form families, ensuring pricing consistency.
● Bulk Pricing - Create discounted price tiers for customers buying products in larger quantities–the module provides pricing issue alerts and price optimization suggestions.
● Promotion Dashboard - Execute analyses of your promotions to see how they performed in the past, and run What-if simulations to get a better prediction of their potential outcome in the future.
In essence, Yieldigo captures today’s increased retail pricing complexity and empowers you to take control of your business.
You never knew price management could be so awesome.
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Czech, German, English, French, Italian, Polish, Russian
Overview by
Lukáš Lískovec
