Consumer Product Goods Manufacturers
KSS Retail provides a real-time, self-learning price modeling solution that provides the following unique benefits:
- Provides an integrated view of an item/category that combines regular and promotional pricing. This allows you and your retail customer to understand the interrelationships of regular and promotional pricing and their effects on each other.
- Dynamic, self-learning models mean that you are always working with the most current data and price elasticities.
- Real-time modeling capabilities mean that you can sit with your retail partner and discuss, model, re-model, and then finalize promotions, all in a matter of minutes. This provides a level of interaction that is not achievable with batch systems.
Using the KSS Retail price optimization solution allows you to truly understand the impact of future pricing and promotional decisions. By utilizing market or account specific pos data, KSS Retail empowers your retail team with predictive capabilities and accurate forecasts to ensure that sales objectives are achieved.