Grocery e-shop Optimizes Shelf Prices

“We wanted to increase both profitability and turnover via scientifically optimal prices as we see margin-only approach to be not optimal any more.”

+ 4.8% Profit Increase

while increasing turnover by 10.4%

Location: Europe

Industry: Grocery

Online

Turnover: 80 M EUR

“Two months after a short data integration phase, we reached higher profitability by almost 5% with an effort of our pricing managers spent during the integration phase only.”

CFO

Yieldigo Services Provided

  • No upfront/implementation costs charged

  • Data integration to Yieldigo SaaS

  • Initial optimization engine setup

  • Optimal prices under client‘s price constraints

  • IT cloud infrastructure

  • API connection

Challenges Overcome

  • Customized promo price

  • Anonymization of client data

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