Panther Pricing

Panther Pricing is a cloud-based software developed by Panther Solutions GmbH that utilizes artificial intelligence to generate optimal price recommendations for retailers. According to the vendor, this solution aims to assist retailers of all sizes in improving their profit margins and increasing their revenues. Panther Pricing is suitable for retailers in various industries, including fashion, consumer electronics, home goods, sporting goods, and health and beauty sectors.

Key Features

Full System Integration: Panther Pricing offers complete integration with all common Retail ERP Systems, allowing retailers to easily select the segments of their inventory they wish to process.

Customized Target Parameters: According to the vendor, Panther Pricing enables retailers to set customized target parameters for their pricing strategies. They can define specific goals and objectives to optimize their pricing decisions.

Easy Results Return: The vendor states that Panther Pricing provides a straightforward method for retailers to retrieve the results of their pricing analysis. The software offers an interface to the ERP system for seamless integration, as well as an additional Excel export function for further analysis and reporting.

Automated Price Recommendations: Panther Pricing utilizes artificial intelligence to generate automated price recommendations for retailers, as claimed by the vendor. The software analyzes various factors such as sales data, competitor prices, inventory levels, and product performance to determine the optimal prices for each item.

Gross Profit Optimization: According to the vendor, Panther Pricing assists retailers in optimizing their gross profit by providing recommendations for price reductions. The software takes into account various factors such as price elasticity and sales forecasts to identify opportunities for price reductions that can maximize gross profit.

Integration with Electronic Shelf Labels: Panther Pricing seamlessly integrates with Electronic Shelf Labels (ESL) systems, according to the vendor. This integration allows retailers to automate the price labeling process, ensuring that the prices displayed on the shelves are always accurate and up to date.

Real-time Competitor Price Monitoring: According to the vendor, Panther Pricing enables retailers to monitor competitor prices and market trends in real-time. The software continuously collects and analyzes data from various sources to provide up-to-date information on competitor pricing strategies and market conditions.

Customizable Pricing Rules: According to the vendor, Panther Pricing allows retailers to define their own pricing rules based on factors such as product category, customer segment, or sales channel. Retailers can customize their pricing strategies to align with their business objectives.

Advanced Analytics and Reporting: According to the vendor, Panther Pricing offers advanced analytics and reporting capabilities to help retailers gain insights into their pricing performance. The software provides comprehensive dashboards, reports, and visualizations to track key metrics and evaluate the effectiveness of pricing strategies.

Automatic Identification of Underperforming Products: Panther Pricing automatically identifies underperforming products and pricing opportunities for retailers, according to the vendor. The software analyzes sales data, inventory levels, and other relevant factors to identify products that are not meeting expectations and suggests pricing adjustments to improve performance.