Dynamic Retail Price Optimization
Our retail price optimization agent offers real-time updates and insights to capture market and customer demand opportunities. Contact us for a demo!
Key features
Dynamic optimization of prices to maximize sales, profit and competitive position.
Competitive Analysis
Automatic monitoring and adjustments to ensure competitive price positioning
Price Optimization
Best-in-class price elasticity and demand forecasting
Prioritization & Tracking
Focus on the biggest pricing strategy optimization opportunities first and get daily performance updates
Schedule a demo
Book a call to see how Profitmind can immediately help your business to deliver more sales and profits. ROI in 4-8 weeks.
Competitive Price Monitoring
Using an advanced multi-modal AI pricing optimization system, Profitmind provides real-time monitoring of all your competitors prices and promotions. Ideal for navigating the impact of inflation, tariffs and competitive price competition.
Pricing Analytics
Profitmind analyzes every product for market and customer demand opportunities, making recommendations based on competitive price position, sales, and profit opportunity analysis. To perform this product pricing optimization analysis, Profitmind uses state-of-the-art deep learning models to provide the most accurate predictions possible.
Prioritization & Tracking
Profitmind prioritizes the price actions that best meet business revenue, profit and competitive goals. Once a pricing and revenue optimization action is taken, Profitmind provides daily tracking and reporting on the impact of the actions. Following an action, your business will have clear quantification of results, so you know whether the decision was beneficial and how the price changes are performing against the predicted outcomes. Profitmind will learn from this measurement and tracking and become even more accurate over time.
Why industry leaders love Profitmind's dynamic price optimization software
"With Profitmind, we've created a shared, common language and understanding of the markets. Profitmind's verbal descriptions help the entire team follow along and contribute effectively.”
Retail Pricing Optimization FAQs
Take a look through some of the more common questions we get about our AI pricing optimization platform. Still have a query? Get in touch.