Maximize revenues and margins through an insight-driven understanding of the most optimal automated pricing. Create a pricing strategy that varies with market conditions. Watch how it tracks with our AI-predicted demand-based pricing. Decide which one to use for your product.
1. Protect margin by reacting to your competitors' pricing moves and stock
2. Manage categories to hit business goals
3. Clear old stock with the max possible profit margin
Accelx platform allows you to set price calculation in two ways.
1) Using rule and market condition based optimization routines
2) Machine learning-based predictive demand forecasts and price optimization routines
It also allows you to monitor the performance of both of these two methods and decide which one you want to go with. Create pricing strategies and associate those with your products. The platform gathers competitive data and assesses market conditions. Generate product prices at set intervals or at even triggers. If AI prediction is enabled, the AI model consumes the same data and market conditions to predict the prices.
Try out this amazing tool for free !