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Pricerium

Score9.1 out of 10

1 Reviews and Ratings

What is Pricerium?

Pricerium is a pricing management solution for dynamic retail pricing using a machine Learning (ML) data-driven approach, helping to increase gross margins by 5-15% depending on a product category, and up to 6% in average for a retail chain. It covers key pricing tasks with an emphasis on competitive pricing with the ability to optimize revenue and income in general and by product category.

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Categories & Use Cases

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Best Pricing Tool

Use Cases and Deployment Scope

We use Smartpricing to evaluate every change of price. we have more than 3,000 skus, evaluate the right price for all its too much complex and demand. Smartpricing help us to find opportunities to improve the overall margin of each category. They have different packages according to the size of the Company.

Pros

  • Define max price
  • Elasticity accuracy
  • Increase margin
  • Promotional pricing manage

Cons

  • Integrantes with ERP to change price automatic
  • Spanish interface

Most Important Features

  • Good return of investment
  • Practical
  • Efficiency

Return on Investment

  • Increase Gross Margin in 5%

Alternatives Considered

Revionics and from Aptos

Other Software Used

Microsoft 365, Oracle Access Management