How can Retail Lifecycle Pricing help my business?
Market introduction. Promotion. Markdown. Phase-out. There are so many critical points in a product’s lifecycle. Executed poorly, each of these events has the potential to significantly erode your profit margins. But now you have a proven solution to help maximize profits by pricing products correctly, and by executing high-impact promotions and advertising campaigns. JDA Retail Lifecycle Pricing leverages customer-centric, localized demand data to determine the optimal pricing and promotional strategies for every product/location combination you manage.
Want to identify and understand the opportunities in your business? Complete a comprehensive and complimentary Lifecycle Pricing Self-Assessment to benchmark your company against the very best.
Features
- Ability to create accurate, localized pricing and promotions
- Synchronization of brand image, category strategies, competitive intelligence, customer insights and product lifecycles
Benefits
- Improved loyalty, share and margin due to localized price execution
- Higher profit margins via differentiated, competitive offers
- Reduced inventory, enabled by localized clearance strategies
Recommended Resources
Find out how Retail Lifecycle Pricing can help you
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