Featuring industry benchmarks on price and promotion optimization deployments, as well as analysis of their potential impact on top and bottom line, this detailed from report from RSR Research is a must-read for retail executives.
The report features a case study example of a U.S.-based mass merchant with $10 billion in annual revenue, which accumulated a 3.8% improvement in revenue, an 11.0% improvement in gross margin, and a 45.5% improvement in operating income over a three year period via an optimization approach.
The report shows how optimization technologies can help retailers:
Create dynamic pricing strategies;
Systematically build sales;
Improve margins; and
Enhance the brand image.
To learn more, click here to download the reportr, titled: Calculating The Value Of Lifecycle Price Optimization.