Fully Automated Pricing and Promotions, Optimised for Your Business and Customer Objectives
The Problem:
In today's competitive, omni-channel environment, having a unified and pricing and value plan (that covers base prices, promotions, everyday low prices, clearances, markdowns, and more) that appeals to customers and maintains profitability is essential.
The jahan.ai Approach:
Our dynamic machine learning pricing models enable data-driven pricing and promotional plans that ensure retailers are competitive and profitable while providing great value to customers.
- Understand the true impact of your promotions, considering the impact of promotions, cannibalisation, pantry stocking and halo effects, leveraging our forecasting engine.
- Deep-dive historical performance or utilize AI-driven opportunities and recommendations to achieve better commercial outcomes.
- Run simulations to test multiple scenarios.
- Apply rich and flexible optimisation algorithms to base prices, promotions, everyday low prices, clearances, markdowns, and more to ensure a fully optimised and unified pricing and value plan.
- Link together promotional planning decisions to supply chain and operations.
The Outcome:
Significant improvement in customer, financial, and operational metrics.