Retail pricing software is used by companies to define, manage, and analyze the best pricing strategies for their products. Pricing software provides flexible features that offer retailers the option to set location-specific pricing as well as create and apply discounts and rebates. Retail pricing software includes data analysis functionality that tracks the impact of pricing strategies and initiatives. Retail pricing solutions can be used to help define initial price lists or to help provide retailers with dynamic pricing based on store location and demographics. Retail pricing tools may be used in conjunction with retail POS software, retail management systems, and retail operations software to gather data based on price changes.
To qualify for inclusion in the Retail Pricing category, a product must:
Omnia's Dynamic Pricing is pricing optimization software based on price elasticity of products through an intelligent core algorithm. This algorithm incorporates data from your internal systems (e.g. product and sales data) with other data sources (e.g. Google Analytics), to generate new, optimal prices for you, without you having to lift a finger.