Lifecycle Pricing & Promo
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Transform your pricing strategy and accelerate margin growth by optimizing markdowns.
Invent.ai’s Lifecycle Pricing & Promo maximizes customer value by using AI to optimize prices across channels, predict demand, analyze elasticity and adjust for regional and store-level differences. Boost sell-through rates, reduce markdown losses and enhance visibility throughout the product lifecycle.
Why invent.ai’s Lifecycle Pricing & Promo?
Invent.ai’s Lifecycle Pricing & Promo uses AI to optimize pricing and markdowns, reduce losses and unlock inventory potential across stores and regions.
- AI-powered margin optimization
- Product-specific insights
- Customer-centric pricing
- Localized optimization
- Integrated strategic planning
- Smart competitive response
"Teknosa doubled its net-profitability within one year of starting to implement price optimization results systematically. This transformation revealed the significance of using big data and analytics accurately." Baris Oran, CEO, Teknosa
Key Features
- AI-driven decision-making
- Real-time simulations
- Competitor and market insights
- Seasonal and local optimization
Results
- 2-4% higher gross margin dollars
- 2-10% lower markwdown losses
- 2-7% increase in revenue
- 5-20% increase in conversion rate