Fast and easy to access, simple to understand and use views of pricing relationships with sales!
Price is often the most powerful motivator for product selection and a primary drivers of demand levels. Understanding dynamics between price and demand is essential to managing your store, as well as keeping and gaining new customers.
ShopperLogiQ pricing insights quantifies and simplifies how price affects sales for you and will help you understand price elasticity of demand and to identify pricing inflection points.
ShopperLogiQ’s Pricing Tool is an interactive scenario planning interface that uses your data to optimise pricing strategies that increase customers and sales whilst protecting profits.
Gives insight into:
- How products respond to price changes;
- What the pricing inflection points are;
- Price strategy compliance levels.