NEW YORK - Tuesday, April 22, 2014 -- Retail Intelligence leader, Upstream Commerce, today unveiled Dynamic Pricer™, the latest tool in its pricing intelligence toolbox, providing retailers the capability to automatically control and change their pricing in real-time based on rules the retailer determines.
"In today's hyper-competitive market, with product assortment expanding dramatically, and with adjustments on thousands of products needed on a real-time basis, retailers need an effective solution to help them make more predictive, more accurate, more timely pricing decisions, and Dynamic Pricer™ does just that," said Upstream Commerce CEO and Co-Founder, Amos Peleg.
Dynamic Pricer™ is an automated, rules-based solution that allows retailers to optimize volume and margins by defining an infinite set of rules to act on company business data, competitive data, inventory, and pricing strategy -- in real time. The Dynamic Pricer™ Solution allows "What If" business scenario analysis, up-to-the-moment input from the retailer, and much more.
"We believe Dynamic Pricer™ is the most powerful, yet flexible and user-friendly tool of its type available today," Peleg added. For more details and a demo, go to: Upstream Commerce Products: Dynamic-Pricer or call (800) 815-1842.
About Upstream Commerce
Upstream Commerce transforms how retailers around the world grow sales and boost margins through real-time competitive price optimization insights, smarter pricing and optimal product assortment. By delivering automated, real-time intelligence and analytics, Upstream Commerce helps companies across more than 15 retailing categories; optimize pricing, merchandising, promotion and lifecycle management. The company’s cloud-based solutions are purpose-built to simplify and streamline – on a massive scale – the complex data gathering, matching and processing required for actionable retail intelligence. In addition, advanced analytics build and test business scenarios, enable dynamic pricing and provide rich insights throughout the lifecycle of every product and category.
To learn how Upstream Commerce delivers results for some of the most innovative retailers in the world, including Staples, Toys-R-Us, Shoebuy.com, Woodcraft and e-Bags, please visit www.UpstreamCommerce.com or call (800) 815-1842.