Yieldigo named a 2019 Gartner Cool Vendor in Digital Commerce
Yieldigo, a leader in Price Optimization based on Customer-Centricity, has been named a “Cool Vendor” in Digital Commerce in the May 2019 report by Gartner Inc.
Gartner highlights Yieldigo as a SaaS solution, helping retailers to price consumer goods based on a customer’s willingness to pay. According to Gartner, Yieldigo’s ‘Pricing as a Service’ solution using machine learning offers a high degree of automation and delivers a profit increase of 5-15%.
Yieldigo is proved to deliver 5 to 15% profit uplift
We have clients in multiple countries who we help to manage pricing of their assortments using our pricing platform. They leverage our Customer-Centric AI Pricing Platform to generate additional profit from their regular prices.
Yieldigo is an AI pricing tool that incorporates
customer’s willingness to pay
Our best-in-class profit-increasing pricing platform:
Standard pricing methods leave the customer out of the price setting
Yieldigo introduces Customer-Centricity into price setting
- Adding customer perspective in form of Price Elasticity, Price Perception or external factors (season, weather, etc.)
Margin & competitor’s prices are among reflected factors
This translates into a higher profit while keeping price perception
- Prices are set based on desired position compared to competition
- Margin is also considered as a secondary criteria
Pricing is reactive to selected competitor/s
- Prices are set based on Profit Margin criteria
- Pricing is inward-looking; it does not consider external factors such as competitors or customers
Find out how Yieldigo can enhance your business
What data is needed, what is considered absolutely necessary and what can be added on top?
Who deal with prices more, small or large retailers? What should the retailer that decides for price optimization expect? …
At first glance, it might seem to be it very easy to set right parameters and conditions for price optimization of goods in supermarkets. …