5 Pricing Strategy Actions You Can Take When Top Retail Players Come to Town
The news is out: One of the biggest retail players in your industry is about to set up shop in your vicinity. Three primary dangers lie ahead for your business when a well-renowned retail player comes to town. Learn about the three issues you will face and the five concrete actions you can take to keep your soon-to-be top competitor at bay, all while growing your business to further success.
System update 4.78
RESTORING DISMISSED ALERTS
The user has the option to display dismissed alerts and decide whether to restore them or not.
System Update 4.77
QUANTITY IN BASKETS INSIGHT
The tooltip in the Quantity in Baskets graph now includes the ratio of sales per unit as well as the cumulative ratio. This information is useful when deciding on new bulk prices, packaging options, or other promotional activities.
The Hidden Costs of Hiring a Pricing Manager for Your Retail Business
When it comes to hiring a pricing manager, there are costs you may be aware of, but have you considered the full scope of expenses that will almost surely come with it? The hidden costs of hiring a price manager for your retail business are much greater than those you would incur with a competent pricing tool. With a solid price management solution, you will not only reduce your hiring costs, but also take your retail business to the next level by optimally saving your margins.
The 6 Price Management Processes that Debunk Mysticism around Price Elasticities
Do You Believe in the “Magic” of Price Elasticities? Price elasticity – advanced ML/AI price management feature that is a potential game-changer for retail businesses? Or, obscure “crystal ball” that doesn’t always work? Price elasticities are indeed infinitely intricate and can be difficult to master. They have earned a well-deserved reputation on the retail market […]
System Update 4.71
MORE FLEXIBILITY WITH REPRICING PRIORITIZATION
You might have faced the situation when you have a whole category locked from repricing, but then a need to reprice some products in it arises.
System Update 4.70
CATEGORY TREE FILTERING
Pricing managers can now quickly access all categories with set exceptions without browsing the whole tree structure. The new filter allows to see all Price Range or Pricing Goal exceptions with just two clicks.
Beyond Data Scraping: Price Management with Yieldigo
Price Management software products like Yieldigo go far beyond data scraping. Essentially, our software allows retail price managers to input the online market research they collected with their data scraping tool(s), into the advanced price management technologies and features of their Yieldigo product. This helps retail business end-users render intelligent, resilient, and accurate pricing strategies, with ease.
Major update 4.68
MARKDOWN
A new algorithm and an extra feature have been added to the application that allow to automatically manage and optimize markdown or expiration sales. Optimal discounted price is assigned to articles in cases such as e.g. sales of expiring fresh produce.
Major update 4.64
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