Revionics®
StrategicPrice SimulationEnsure that Selected Strategy AchievesObjectives Prior to Execution
Revionics® Strategic Price Simulation prepares retailers for the inevitable
market changes. Using sophisticated predictive analytics & forecasting,
retailers can test new strategies, simulate and compare different outcomes
before implementing them in the market. Thus, giving retailers the enduring
edge to increase their competitive advantage.
The DeLorean of Price SimulationSorry, It Doesn’t Work on Lotto Numbers
Implementing the right strategy today is imperative. Just as critical is
deciding what strategy to execute tomorrow. The problem is that
choosing the right one is near impossible without testing it first. To
solve this, retailers often turn to the stores to test new strategies.
Sometimes they work, sometimes they don’t. But they always interrupt
the day-to-day business of the test stores.
Today the best retailers use solutions that accurately simulate multiple
outcomes by taking advantage of all available performance, market &
item data, strategies, and predictive science. With confidence, they
implement the ones that achieve their strategic and financial results.
The HighlightsFor those with limited time
Simulates Future Options While Maintaining Current Pricing Goals and Rules
Simulates Against Multiple Categories Strategies
Side-by-Side Comparisons of Multiple Scenarios
Eliminates Costly Mistakes by Predicting and Validating Results Before Rollout
Intelligently Adjusts for anyNew Competitors
Easily Implement New Strategies at the Touch of a Button
Revionics®
Strategic Price SimulationEverything But The Kitchen Sink
PLAY IN THE SANDBOX, BUILD UP YOURSAND CASTLEYou have spent countless hours and effort implement-ing your current strategy, so why would you disrupt it? Sometimes the pressure of meeting your goals causes you to make a shift. Revionics Strategic Price Simula-tion lets you determine the best strategy moving forward while still maintaining the course. It is your own personal sandbox to test strategies, theories, intuition, and gut feelings without disrupting every-thing you have already put in place.
COMPARE OPTIONS, MAKE RIGHT DECISIONSYour deep knowledge of your business has led you to decide different roles for different categories. These have been successful but sometimes the market shifts and you need to figure out what role categories will play moving forward. With so many different strategies to choose from this is a near impossible task to accom-plish. Using the solution allows you to test various strategies and compare them against each other; leaving you confident in your decision.
MEASURE TWICE, EXECUTE ONCEWhen it comes to deciding on new strategies you want to make sure that you understand all possible outcomes and at all levels. Revionics Strategic Price Simulation not only gives you insight at the category level but drills all the way down to the item level. This means you get more accurate predictionsand forecasts.
LEVERAGE A CRYSTAL BALL ANDAVOID COSTLY MISTAKESRevionics Strategic Price Simulation allows you to see around the corner. You no longer have to go-live with strategies without knowing what to expect. You also will not worry about the timing of your rollout. Revionics helps you avoid the costly mistakes of the wrong strategy at the wrong time. Furthermore, you are able to validate results assuring you will confidently execute.
NEW COMPETITORS - DON’T BE SCARED,BE PREPARED New competition can be scary. Sometimes out of fear we make rash decisions. With Revionics you can make strategic decisions about how to react to a new competitor. Using tried and true science Revionics Strategic Price Simulation creates accurate, predictive forecasts that give you insight into how categories and items will be affected.
IMPLEMENTING NEW STRATEGIES,AS EASY AS 1-2-3Revionics Strategic Price Simulation makes implementing new strategies easy. After you have run multiple scenari-os and found your strategy you simply press a button to rollout. It really is just that easy.
THERE FOR YOU WHEN YOU NEED TOFIND MARGINYou can only push on your vendors so much before they push back, so now what can you do without raising all your prices and destroying your relationship with your customers? This solution can evaluate all your categories and give you the best options to find that extra margin with minimal impact to your overall price image.
(866) 580-7277 | [email protected] | revionics.com
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