AUSTIN, Texas, Sept. 26, 2016 /PRNewswire/ -- Revionics, Inc., a leading profit optimization company, to host a Retail Profit Optimization Workshop titled, Advanced Strategies for Profit Optimization,featuring one of its customers from one of Latin America's largest grocery retail chains. The event will be held on Wednesday, September 28th at the NH Collection Plaza in Santiago, Chile.
With mounting pressure from ecommerce giant Amazon's big push into Latin America and the ecommerce sector expected to reach $85 billion in sales by 2019 at annual growth rates of 17%, retailers need to make bold propositions in pricing and promotions, or risk losing market share to their competitors.
To combat these pressures head-on, this workshop will provide insight into how winning retailers are utilizing predictive analytics, competitive insights and demand modeling to drive omni-channel pricing and promotional strategies with precision. Retailers will learn:
- Strategies to overcome technology and process disruptions
- How to harness analytics across pricing, promotion and markdown decisions
- Ways to execute more profitable promotions
- How to achieve margin and revenue improvements that are measurable
In addition, a Revionics customer will share their story of how they are executing a more customer-focused pricing strategy using analytics as well as the importance of change management using automation to scale and maximize resources.
Featured Speakers Include:
- Manager of Pricing, one of Latin America's largest grocery retail chains
- Carlos Rodriguez, Regional Director of LATAM for Revionics
- Aditya Rastogi, Director of Global Science Services for Revionics
- Juan Thorne, Senior Manager of Pricing Strategy for Revionics
To register for this event, or to learn more, click here.
Social Media Posts:
Leading Latin American grocery chain to headline @Revionics Advanced Strategies for Profit Optimization workshop: http://ow.ly/k6mB304vULv
One of Latin America's largest grocery retail chains & Revionics host workshop in Chile around pricing and promotion strategies to help retailers combat competitive pressures, avoid profit-eroding decisions and ignite profitability. http://ow.ly/k6mB304vULv
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 more than 62,000 retail sites across 18+ million products, and more than 2.6+ billion item/store combinations are modeled weekly. Learn more at www.revionics.com.
Contact: Alison Raffalovich
Senior Director, Corporate Communications
Phone: +1 (512) 826-0538 (USA)
SOURCE Revionics, Inc.