AUSTIN, Texas, Feb. 17, 2016 /PRNewswire/ -- There is a systemic shift in retail with the growing influence of online and mobile offers during the customer journey, opening true omni-channel opportunities to every customer and posing new challenges to retailers. This wave of change will have a dramatic impact on retailers' margins and profits if they are unable to get ahead of the curve. To do this profitably, it's mission-critical for retailers to put data and strategic pricing at the heart of their retail model.
Revionics, Inc., a leading provider of End-to-End Merchandise Optimization solutions, in partnership with Online Software AG, will be exhibiting at EuroCIS 2016 (Online Software AG's PRESTIGE Solution Campus Stand: D39 | Hall 9). During the event, Revionics will showcase Revionics® Price Suite and Revionics® Dynamic Pricing designed to help retailers harness real-time competitive, market and customer data to drive profitable pricing decisions – online and in store. In addition, Revionics and Online Software AG will showcase how to execute dynamic pricing on electronic shelf labels (ESLs).
These comprehensive, end-to-end solutions help retailers understand their pricing position against competitors, what items their shoppers are price sensitive to and how their customers will respond to price changes. This helps retailers avoid the race to the bottom, which causes margin erosion and damages loyalty and profitability, and instead focus on increasing sales and margins. The 10x yearly ROI in turn helps retailers invest profits from the pricing investment in other critical business initiatives to drive their retail model forward.
.@Revionics excited to connect w/ #retailers at @EuroCIS about #DynamicPricing & #PriceOptimization: http://goo.gl/Rl6JXe #retail
About Revionics, Inc.
Revionics is a proven leader in End-to-End Merchandise Optimization solutions. Over 40,000+ retail locations around the world optimize with Revionics across 18M+ products and 2.4B+ SKU/store combinations are modeled weekly. Revionics empowers retailers around the globe to profitably execute a data-driven omnichannel merchandising strategy by utilizing one of the most comprehensive set of shopper demand signals to increase financial performance and improve customer satisfaction. Revionics' solutions are powered by unmatched demand-based science and advanced predictive analytics to help ensure retailers have the right product, price, promotion, placement and space allocation to drive business performance and seamless shopper experience – online, in-store, social and mobile. Delivered on a scalable, SaaS-based platform, Revionics solutions offer real-time insights and dynamic decisions at speed, scale and frequency, while providing fast ROI. Revionics has been recognized as a Deloitte Technology Fast 500™ and JMP Securities' Hot 100 Software Company. To learn how you can compete more profitably, please visit www.revionics.com.
Contact: Alison Raffalovich
Senior Director, Corporate Communications
Phone: +1 (512) 826-0538 (US)
SOURCE Revionics, Inc.