With on-line players commanding bigger chunks of the market, retailers are facing fierce competition. ‘Price Optimization’ can serve your greater pricing strategy and provide a measurable impact and return on investment.
EGS’ Dynamic Pricing Model is a predictive intelligence product that helps retailers stop declining sales and falling profits due to ineffective pricing.
Our Dynamics Pricing Items Configurator (DPIC) optimizes pricing which accurately calculates how external factors such as competition affects the price elasticity of each of your products. DPIC provides effective solutions for:
• Segmented Pricing
• Peak Pricing
• Time-based Pricing
• Promotional Pricing
• Penetration Pricing
• Clearance Pricing
• Changing Conditions (Market) Pricing