When an off-the-shelf pricing solution isn't enough
For many retailers, “dynamic pricing” is just another way of saying “make sure the price isn’t higher than Amazon’s.” And it doesn’t take a sophisticated pricing algorithm just to automate the race to the lowest price among competitors. Digonex specializes in solving unique retail pricing challenges, where an off-the-shelf pricing solution isn’t enough.
The Digonex approach to retail dynamic pricing is more holistic. We look at the larger marketplace, but also at the behavior of your specific customers. Further, our staff of Ph.D. economists customizes our retail pricing algorithms for each client, taking your specific key performance indicators into account rather than merely responding to the competition. This approach to dynamic pricing is especially useful for brands that sell differentiated products directly to consumers, or for retailers trying to balance profit margin with turn rate for clearance inventory.
Fill out the contact form on this page to begin exploring what a Digonex dynamic pricing solution might look like for your retail business.