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 […]
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.
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.
5 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.
Navigating Uncertain Economic Times: The Importance of Price Management Solutions for Retail Businesses
In this article, we will explore how price management solutions can help retailers navigate uncertain economic times with relative ease, and how these solutions and their various features and technologies contribute to positive changes in a company’s pricing strategy, create sustainable business growth, and facilitate market success for retailers of all sizes.
5 Pitfalls Retail CXOs Face When Not Using Pricing Software
The harsh reality is that CXOs often have poor visibility and little to no control over pricing. The fact of the matter is that it’s usually hard for them to control pricing, so they resort to leaving prices and margins to their own devices, despite prices and margins being an unquestionably critical part of literally any upper management or Board of Directors role. How much should CXOs really have to tolerate when it comes to ineffective approaches to pricing?
TOP 5 reasons why retail CEOs underestimated pricing tool implementation in 2022
Covid, shaking supply chain, Russia invading Ukraine, shaking supply chain, inflation, shaking supply chain, energy crisis, shaking supply chain, government regulations, shaking supply chain, super-dynamic competitive market, shaking supply chain, thinner margins, cost cuttings, lay-offs, shaking supply chain.
This was the daily bread in 2021–2022 for a major part of retail chain managers. For some, this was the last straw before getting a new pricing tool.
TOP5 reasons why retail CEOs have looked for a new pricing tool in 2022
All managers in retail chains who don’t prioritize pricing two levels up in 2023 put their P&L and their jobs under serious risk.
Hidden Advantages of Pricing Tiers
Buy X Get 1 For Free, Volume Discounts, Buy More Pay Less…Many names for the same core idea. If done right, Bulk Pricing can seriously save you countless pricing headaches.
We did it again! Yieldigo is part of an exclusive club of Representative vendors in the Gartner 2022 Market Guide.
Well, we are again on top of the world, in the company of the best pricing and promotion solutions. We are honored and excited to have this place again…