Dynamic forecasting accounts for historical data and current trends in consumer behavior to make more accurate predictions about future sales at each store location.
Dynamic pricing strategies can be optimized by store, store cluster, channel, region, and customer segments. Cluster/group your stores as per “like locations” for personalized retail price optimization programs.
Test & Control
Ability to create both store and customer level tests using several key performance indicators and metrics that provide actionable insights through retail price optimization software.
Facilitates modeling various pricing options over specific time periods and immediate quantification of the impact.
Set guardrails to guide promotional and clearance pricing, product retirement strategy (min/max discount %, price endings, SKU/class/style level limitations, etc.).
Optimize through markdown optimization software using advanced analytics to forecast demand and craft distinct markdown plans for stock clearance.
PriceSmart implements quickly for prompt, lasting results
See PriceSmart in action
Explore how our clients are identifying optimal cadence to achieve the highest GM with stipulated clearance and higher than anticipated ROI generation, with profitable customer-centric pricing and promotions.REQUEST DEMO
Here's why our clients trust us
PriceSmart helped us add millions to our bottom-line by optimizing our markdown cadence. We now have the ability to simulate multiple scenarios with a click and choose the best one.Pricing Lead, Global House of Fashion Brands
Before PriceSmart, we were using excel sheets for making pricing decisions, we didn’t have the ability to see what was happening across the board. Now PriceSmart gives us a definitive data-backed answer that is optimized for us. It is like a crystal ball.Pricing Analyst, Fashion Brand Outlets
By utilizing PriceSmart we were able to leverage promotional price elasticity to improve our promo effectiveness leading to 400 basis point improvement within 30 days of implementation.Head of Pricing and Promotion Management, large US grocery chain.
We were able to track our competitors’ prices and arrive at the right price point for elastic as well as inelastic SKUs by implementing PriceSmart. PriceSmart helped us to boost our bottom-line in no time.VP Pricing, leading US Coffee chain
Plan pricing and promotions across each products’ lifecycle to drive sales, margins and greater customer engagement.
Ensure location-specific pricing for profitable and customer-focused pricing and promotions.
Dynamic pricing structure backed by advanced demand forecasts and intelligent insights.
Get in-depth information about the latest industry trends, technology and how your peers are solving the biggest promotion and markdown problems with IA’s advanced next-gen pricing and promotions planning software solution.Learn More
Benefit from our end to end solutions at the outset, or add more as you see the difference we make.
Get clarity with retail price optimization software
PriceSmart - AI-driven retail price optimization software automates your pre-season, in-season, and clearance pricing strategies for margin maximization and inventory sell-through.
Our retail pricing software framework ensures true margin estimation by providing impactful and revenue-generating pricing recommendations.
Driving ROI through
AI Powered Insights
We are led by a team with deep industry expertise . We believe in “Better decisions with AI” as the center of our products and philosophy, and leveraging this to empower your organizationREQUEST DEMO