In jewelry and accessories retailing, there is very little overlap between the assortment of one retailer and the next. The number of gemstone attributes (weight, color clarity, quality, etc.) and precious metals characteristics, coupled with the proliferation of unique designs offered by different jewelry retailers, make product matching more art than science. As such, tracking -- let alone understanding -- competitive pricing and assortment is not a trivial matter. But doing so is critical for developing and implementing sound pricing and merchandising strategies.
Upstream Commerce offers a powerful solution that equips jewelry and accessories retailers with the knowledge to understand competitive pricing and assortment dynamics. Accurately matched equivalent products serve as a solid foundation for formulating sound pricing and merchandising strategies. Ultimately, these strategies create opportunities to drive greater differentiation and value.
Upstream Commerce offers a powerful solution that equips jewelry and accessories retailers with the knowledge to understand competitive pricing and assortment dynamics. Accurately matched equivalent products serve as a solid foundation for formulating sound pricing and merchandising strategies. Ultimately, these strategies create opportunities to drive greater differentiation and value.
Jewelry & Accessories Solution
Having tackled some of the most complex product matching obstacles in the retailing world, we designed the solution to handle the product matching and comparison challenges inherent to jewelry and accessories retailing. Upstream Commerce ensures matching accuracy by using up-to-date domain dictionaries as well as a tight quality assurance process managed by professionals with deep domain expertise.
Actionable insights through advanced reporting
Analyze your competitive landscape by virtually any type of segmentation (e.g., brands, product categories), including custom segments based on your individual needs, such as price ranges. Easily drill down to the product level at any time. Advanced reporting allows you to uncover historical pricing patterns and compare pricing tactics over the entire product lifetime.
