Revionics, from Aptos

Revionics is an AI-driven pricing solution designed to assist retailers in optimizing their pricing strategies and achieving stronger financial results. According to the vendor, Revionics offers transparency and confidence in pricing decisions across base prices, promotions, and markdowns. This software solution caters to retailers of all sizes, ranging from small independent stores to large multinational chains. It is utilized by pricing analysts, category managers, merchandisers, marketing managers, and professionals in the retail industry.

Key Features

Base Price Intelligence: According to the vendor, Revionics simplifies pricing decisions by providing data-driven pricing recommendations. It enables retailers to develop a pricing strategy based on accurate base prices and gain insights into the impacts of price changes. The vendor claims that optimizing base prices can enhance consumer price perception, increase profits, and drive sales and revenue growth.

Markdown Intelligence: The vendor states that Revionics helps retailers optimize markdown cadence and depth to effectively manage waning demand and clear out inventory. It automatically adjusts markdown plans based on current market conditions and inventory levels. Retailers can customize markdown plans for different clearance types, such as end of life, end of season, resets, or clearance. The vendor asserts that Revionics maximizes sell-through, minimizes costs, and maximizes value from every markdown.

Promotions Intelligence: According to the vendor, Revionics enables retailers to simulate outcomes in order to tailor promotional strategies and achieve specific business goals. Retailers can evaluate the performance and impact of promotions to identify successful ones and eliminate under-performing ones. The vendor claims that Revionics streamlines promotional planning and enhances vendor partnerships, helping retailers drive more sales, increase foot traffic, and expand market reach with AI-driven promotions.

Artificial Intelligence: The vendor emphasizes that Revionics leverages the power of AI to make intelligent pricing decisions. By leveraging 20 years of AI learning, retailers can stay ahead of market changes and outperform competitors in pricing. According to the vendor, Revionics provides clear guidance and helps retailers achieve pricing objectives while identifying new opportunities through AI-driven insights.

Strategic Pricing Services: The vendor offers strategic pricing services to assist retailers in mapping out the most effective path to pricing success with the guidance of pricing experts.

AI Pricing Solutions: According to the vendor, Revionics provides AI pricing solutions that enhance retailers' pricing strategies and enable more informed pricing decisions.

Base Price Intelligence Suite: The vendor claims that Revionics' Base Price Intelligence Suite empowers retailers to improve consumer price perception, increase profits, and drive sales and revenue growth through AI-driven base pricing.

Markdown Intelligence Suite: Revionics' Markdown Intelligence Suite, according to the vendor, helps retailers reduce waste, minimize costs, and optimize sell-through with AI-driven markdown strategies.

Promotions Intelligence Suite: The vendor states that Revionics' Promotions Intelligence Suite helps retailers drive more sales, increase foot traffic, and expand market reach with AI-driven promotional strategies.