White Paper: Price Optimization For Retailers
Revionics Advanced Pricing System (RAPS) is based on sophisticated price optimization technology that considers the many factors influencing what an item's price should be.
These factors include the individual item's past sales history, consumer demand data, competitive prices, your pricing philosophy, price-per-unit ratio, and more. All these factors influence customer buying habits and can be used to optimize your profits. Retail sales history and current movement is uploaded to our servers. Optimized prices are then available for you to review and accept at your convenience. RAPS seamlessly integrates with your back-end systems, making pricing a painless and speedy process.
RAPS Everyday pricing provides retailers with a competitive edge. Retail giants and supercenters are implementing advanced analytical pricing systems and gaining yet another advantage. Until now, these systems have been out of reach for many because of high prices and cumbersome installation and maintenance. Revionics can provide you with the tools you need to stay competitive and increase your margins.
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