March 25, 2013
Webinar will discuss how retailers – such as BigY Foods – leverage price optimization software for more shopper-centric pricing which improves margins, loyalty and brand image
ROSEVILLE, CA – (March 25, 2013) – Revionics, Inc., the leading provider of End-to-End Merchandise Optimization solutions, announced that it is hosting a webinar with Planet Retail, the leading provider of intelligence for the global retail and foodservice industries, and BigY Foods, a major supermarket chain in New England which operates 63 stores and employs over 10,000 employees, titled: “Price Optimization: New tools facilitate pricing in an omni-channel world”. This global webinar will be held on Wednesday, March 27, at 3 p.m. (GMT)/11:00 a.m. (EDT). Scott Miller, Retail Price Management from BigY Foods, will discuss how his company has been leveraging the Revionics® Price Optimization solution for the past four years and the benefits that they have achieved with this technology.
Price optimization software helps retailers to understand the effects price changes have not only within a category but also across different categories in their assortment. During this webinar, attendees will learn how to:
- Predict consumer behavior with data input from POS and loyalty card data as well as external market intelligence sources
- Understand price elasticity and price awareness for every product and price zone in order to find the best possible pricing strategies
- Define price zones and execute the best prices based on location, channel, demographic and competitive characteristics
Attendees will also receive a copy of Planet Retail’s latest research note on price optimization.
About Revionics, Inc.
Revionics delivers the industry’s most powerful End-to-End Merchandise Optimization solution, enabling retailers of all sizes to execute a fact-based Omni-channel merchandising strategy utilizing the most comprehensive set of shopper demand signals to enhance financial performance with improved customer satisfaction. Revionics’ solutions leverage advanced predictive analytics and demand-based science to ensure retailers have the right product, price, promotion, placement and space allocation for optimal results across all touch points in the Omni-channel shopping episode – online, in-store, social and mobile. Offered on a scalable, high performance Cloud-based SaaS platform, these solutions future-proof retailers from Big Data/Fast Data challenges, while providing speed-to-ROI. Over 31,000 retail locations and $95B in annual revenue across grocery, drug, building materials, convenience, general merchandise, discount, sporting goods stores and eCommerce sites optimize with Revionics’ solutions. Revionics has been recognized as a 2012 Deloitte Technology Fast 500™, Red Herring Top 100 Global, Red Herring Top 100 Americas and JMP Securities’ Hot 100 Software Company. For more information, please visit www.revionics.com.