CONTROL TODAY’S RETAIL PRICING COMPLEXITIES WITH EASE
Yieldigo is a Gartner-recognized, cloud-based, modular pricing solution built specifically for retailers, wholesalers, and e-commerce businesses worldwide.
We empower pricing professionals to yield accurate daily prices with ease, equipping users with advanced data and AI techniques that allow businesses to define a tangible and precise pricing strategy top managers can rely on.
Whatever we do, we make retail pricing simple–under control.
software features
Predict the impact your potential pricing strategy changes will have on your overall KPIs.
Ensure that the prices you set for any given product are right throughout your assortment for all of your locations and channels. Compare your private brands and position them against your national brands, enabling you to sustain a healthy brand hierarchy.
Keep your friends close, and your competitors closer–gain insight into market pricing standards, and never lose sight of your competition’s prices.
Organize products that belong together and manage them–Yieldigo offers suggestions for where you can form families, ensuring pricing consistency.
Create discounted price tiers for customers buying products in larger quantities–the module provides pricing issue alerts and price optimization suggestions.
Execute analyses of your promotions to see how they performed in the past, and run What-if simulations to get a better prediction of their potential outcome in the future.
HOW DOES IT WORK?
In a nutshell, Data Modeling–a Machine Learning (ML) process that continuously learns patterns of customer behavior based on your data.
IF YOU HAVE QUESTIONS, WE HAVE ANSWERS.
Speak to one of our product experts, we’d be happy to give you the grand tour!
Our Delivery Team helps you perform a successful data integration. In unison with your team, we clean your data to ensure that it is of good quality and accurate.
Yieldigo then pre-models your data using classification and data-grouping methods to group articles that indicate the same patterns, thereby further fortifying the ever-evolving ML process, which is controlled by your inputs and overall strategy.
Multilevel models are then applied to the data you input using baselines from the premodelled effects such as seasonality patterns and store trends to understand the behavior of each article and its unique characteristics. Additionally, the complexity of competitor interaction within online retailing allows Yieldigo to use specialized non-linear models that can better adapt to e-commerce customer behavior patterns–that’s how we help keep you ahead of your competition!
Our pricing experts help you set your pricing strategy rules and constraints. Yieldigo then automatically calculates the best possible solution to fulfill the rules you've set, such as positioning towards competitors, margin goals, family links, and brand hierarchies. In essence, we help you ensure that no price works against the strategy you've created.
Your new prices are rendered from the modeling methods and rules mentioned in the previous steps. Since the Yieldigo software is based on ML, it delivers results with greater precision as more time passes, while allowing you the ability to fully oversee and adjust your pricing strategy as needed.
LET YIELDIGO CRUNCH YOUR NUMBERS AND DATA!
Forget about spreadsheets and black-box solutions, and spare yourself the manual errors and guessing games that come with them.
In this era of financial uncertainty, your business cannot afford to lose further money due to issues in your pricing strategy. We take the complexity, pain, and uncertainties out of pricing, allowing you to enjoy being in control of your retail business growth.
With Yieldigo, your pricing team will deliver the correct answers top management needs to thrive in your industry.