Customer Experience in Grocery Retail: the Fresh Opportunity
A global survey of 4,000 consumers shines light on customer experience in fresh and product availability
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The right price at the right time – automatically
Blue Yonder Price Optimization is a machine learning solution that delivers retailers optimized pricing decisions for every product while improving revenue and profit by more than 5%. Ready for automation and scale, the solution measures the relationship between price changes and customer demand while incorporating a retailer’s business strategy.
Whether in grocery or fashion retailing, pricing is the core strategic component affecting a company's profitability. Price Optimization automatically sets the optimal prices to deliver the best bottom line for retailers.
Considering competitors’ prices and other factors, including weather and inventory levels, our solution rapidly reacts to changes in the market and adjusts prices automatically to each product and store. Price Optimization serves your greater pricing strategy and provides a measurable impact and return on investment in a short period of time.