OneClick Dynamic Pricing
Switch from reactive to goal driven pricing by integrating external signals with automated deep learning and demand forecasting to optimize promotion and markdown strategies for retail and e-commerce.
What Makes OneClick.ai Different
Pricing agility matters to the shoppers. Retail and eCommerce are rapidly evolving in real time as consumers buy in stores and online. To adapt to evolving consumer expectations, more retailers are adopting real time dynamic pricing strategies. We enable retailers to increase customer value and achieve higher profits by using leading AI and demand forecasting technologies to automate the complex pricing process.
Both online and brick-and-mortar retailers need price recommendations at any granular level (per SKU, per store and per day) with a strategic approach that sets them apart from competition and ultimately helps them increase revenue and profit.
How It Works
Step 1: Setup forecast horizon, pricing rules, promotion policy and adjustment frequency.
Step 2: Define business KPIs to optimize: increase sales volume, sell through rate, profit, reduce stock-outs and more.
Step 3: Monitor key KPIs on the daily basis and alerts will be triggered for exceptions and outliers.
Step 4: Daily calculation of optimized prices and demand on any SKU, store level.