IA’s PriceSmart pricing analytics software processes historical transactions data, competition prices and other market and strategic signals to enable right pricing decisions. This pricing analytics tool determines Price Elasticity at the store-SKU level and helps in identifying pricing recommendation of Key-Value items and Categories. This pricing analytic model is powered by advanced optimization techniques. It marks trajectory management. Moreover, the testing suite enables accurate framing of price change experiments in smaller, low-risk store-sets and rolls across a network with great confidence.
Optimizes pricing recommendations of key categories
Localizes pricing recommendations
Customer Price Sensitivity
Rich visualizations to assess customer sensitivity to price changes