AUSTIN, Texas, Feb. 21, 2017 /PRNewswire/ -- Revionics, Inc., a global leader in profit optimization solutions, announced that its pricing experts and customer REMA 1000, a leading Scandinavian multinational supermarket chain, will speak at EuroShop 2017, which takes place 5-9 March in Düsseldorf, Germany. In addition, Revionics will be showcasing its Price (including dynamic pricing), Markdown and Promotion Suites in Hall 6 at booth C67.
With the rapidly changing retail landscape including always-consumers who expect complete price transparency and who are not brand-loyal, retailers –whether brick-and-mortar, omnichannel or online – are in need of an intelligent, strategic and data-driven approach to their pricing strategies. Successful retailers harness analytics to infuse their pricing with real-time competitive and shopper insights. The result: highly targeted pricing that delivers customer loyalty, optimal competitiveness and measurable bottom-line impact.
To help retailers structure their pricing, promotion and markdowns for survival and success, Revionics will be presenting the following sessions:
EuroCIS Forum | Monday, 6 March | 12:30 PM - 13:00 PM (CET)
Session: Crawl, Walk, Run: a step approach to self-finance your pricing investment
Speaker: Cheryl Sullivan, Chief Marketing & Strategy Officer for Revionics
Overview: Many companies feel the need to embark on a journey towards price optimization, but where does one start? In this session we will offer you some simple recipes on how to take your first steps towards creating more value for your customers and for your shareholders. We will also share with you insightful examples of how our customers have taken a phased ROI-driven approach to customer-centric, profitable pricing.
Omnichannel Forum | Wednesday, 8 March | 11:00 AM - 11:30 AM (CET)
Session: The NEW shopper journey: intelligent pricing in an omnichannel world
Speakers: Daniel Lohne Sorteberg, Price Analyst for REMA 1000 and Anastasia Laska, Vice President of Marketing EMEA for Revionics
Overview: How can retailers make sure that pricing supports the strategy of having "one face to the customer," while at the same time responding to both online and offline competition and balancing margins? Join us at this session to learn real-world answers to these seemingly impossible questions.
For more information regarding these sessions, click here.
Revionics Exhibit | Hall 6, Booth C67
Experts will be showcasing and discussing the following solutions, which have a proven track record of increasing sales for retailers by 2-7% while expanding margins by 2-6%:
- Dynamic Pricing to enable retailers to understand the customer, gain competitive pricing insights, implement omni-channel strategy and use science and technology with business rules to deliver responsive pricing
- Markdowns for the fashion and grocery industries: managing merchandise across channels, proactive planning and truly aligning marks to customer behavior, inventory goals and financial targets
- Promotions: insight on what is and is not effective; creating promotions using predictive analytics; and delivering more customer-focused promotions
To schedule a meeting with Revionics at EuroShop, click here.
Attend @Revionics @EuroShop sessions w/ @REMA1000 @anastasia_laska @caswindy - #pricing in an #omnichannel world. goo.gl/IhGVdh
EuroShop was first started by Messe Düsseldorf in 1966. It is held at three-year intervals, with the Association of the European Heating Industry (EHI) as its honorary sponsor. The last EuroShop in 2014 recorded 2,229 exhibitors from 56 countries, covering a net exhibition space of approx. 116,000 square metres, and over 109,496 trade visitors, including 63 per cent from outside Germany.
Further details are available at www.euroshop.de.
About Revionics, Inc.
Revionics is a global leader in profit optimization services and solutions. Our unparalleled analytics and science serve as the backbone of omni-channel retailing to help performance-driven retailers execute profitable pricing, promotion, markdown, and space decisions with predictable business outcomes. The result: achieve speed to value and ROI, improve margins, drive top-line sales and respond faster with precision.
Revionics' SaaS-based model integrates analytics, technology and services to deliver an unmatched advantage for retailers – Competitive Insights, Price Suite, Promotion Suite, Markdown Suite, and Space and Assortment Suite – all from a predictive platform to drive long-term growth.
Trusted by some of the most profitable retail brands, Revionics optimizes across more than 18 million products and more than 2.6 billion item/store combinations are modeled weekly. Learn more at www.revionics.com.
Engage with Us:
Contact: Alison Raffalovich
Senior Director, Corporate Communications
Phone: +1 (512) 826-0538 (U.S.)
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SOURCE Revionics, Inc.