Apply Rule Adherence and Pricing Consistency Across the Enterprise

Retailers have their own pricing rules that they want to enforce for categories or individual product. Selected categories and regions have minimum margin, price and other legal restrictions. Retailers are faced with the near impossible task of balancing these rules against the competition, vendor requirements and business objectives for the various assortments. In a time where any error is amplified, retailers cannot make even a single mistake. They must consistently execute the right prices across all touchpoints.

Revionics® Price Management assures pricing consistency and adherence to company pricing rules, vendor policies and competitive positioning. Scalable to meet large retailers’ volumes, this solution provides extensive business rule sets, intuitive workflows and easy-to-understand analytics so retailers can meet their essential pricing needs.

Along with Revionics® Price Optimization, Revionics® Strategic Price Simulation and Revionics® Dynamic Pricing, Revionics Price Management is part of the Revionics® Price Suite, which delivers solutions for all retailers regardless of current pricing processes or sophistication.

Revionics can also help retailers gain deeper competitive intelligence with competitive price insights, data and management. 

Why Revionics Price Management?

  • Efficient workflow to promote consistent and easy execution
  • Ensures pricing rules are maintained
  • Scalable to tier 1 retailer volumes
  • Insight of price impacts on key metrics
  • Accurate, understandable forecast
  • Intuitive results to drive confidence and adoption

Key Solution Features

Revionics® Price Management assures pricing consistency and adherence to company pricing rules, vendor policies and competitive positioning. Scalable to meet large retailers’ volumes, this solution enables retailers to meet their essential pricing needs.

Revionics best-in-class capabilities include:

  • Comprehensive set of rules
  • Role-based security
  • Detailed forecasting
  • Streamlined workflow
  • Flexible rule configuration by product lifecycle stage
  • Pricing at any level: channel, zone or store

Price Management Benefits

Revionics enables performance-driven retailers to create a sustainable competitive advantage and undeniable ROI in today’s new retail reality. Our proven SaaS-based pricing solutions offer the speed, intuition, transparency and scale that retailers need to achieve a responsive merchandising model in an era when business strategy intersects with data science.

Revionics® Price Management enables you to drive performance and competitive advantage.

  • Drives pricing efficiency, consistency and adherence at different stages of the product lifecycle
  • Forecasts pricing impacts on key financial metrics
  • Ensures that key rules such as competitive position, vendor, channel, legal and financial rules and constraints are maintained
  • Automates the pricing process

Explore More on Price Optimization

Review this selection of thought provoking insights, customer experiences & articles to learn more.


White Papers

Next Generation Price Optimization: Latest solutions blend the art and science of pricing

The Pricing Evolution: The Perfect Storm Compelling Retailers to Shift from Rules-Based to Optimized Pricing

Strategic Competitive Positioning: Balancing the Shopper & Shareholder Value Equation

Optimizing Prices in an Omni-Channel, Price-Transparent World

Price Elasticity & its Applications: Understanding Price Sensitivity & its Role in Pricing


Webinars

Compete More Profitably with Strategic Pricing

Price Optimisation: New tools facilitate pricing in an omni-channel world

Tough Love: An In Depth Look at Retail Pricing Practices


Data Sheets

Revionics® Price Optimization: Base Price Strategy, Simulation & Measurement


Case Studies

Big Y Foods Enhances Price Image, Increases Margins and Obtains a Strong ROI with Revionics® Price Optimization

Roundy’s Achieves “Significant” ROI and Competitiveness with Revionics® Price Optimization Solution

deliver usable science that aligns to your strategies with adaptive, self-learning models and transparent results explaining the "why" behind recommendations.


Articles

The Price is Right (Right?)

Supermarket Chain Faces Tough Decisions After Rapid Expansion

Managing the Pricing Cycle

Strategic Alliance between Revionics & Nielsen Targets Optimum Pricing for Customers


For more information please visit our Retailer Resource Library for a complete selection of thought leadership papers, data sheets and on-demand webinars. Additional case studies can be found on our Customer Case Study page.


Revionics® Price Suite enables retailers to drive improved performance and a sustainable competitive advantage with rules-based pricing, simulation and dynamic pricing.