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For eBusiness & Channel Strategy Professionals

Executive Q&A: Top 10 Questions About Retail Pricing Solutions Answered

January 29, 2015

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Why Read This Report

Retail pricing solutions — technologies that help retailers set initial, ongoing, and clearance pricing for their product assortments — are quickly becoming standard competitive tools for both pure-play and multichannel retailers. What is driving this rapid pace of adoption? The primary catalysts include promises of delivering incremental revenues and helping retailers effectively optimize for profitability. As a result, today's leading retailers are integrating and utilizing these tools — both strategically and tactically — to better compete in the marketplace. This report will provide eBusiness professionals with a fundamental understanding of big data-driven price solution capabilities, what best practices and challenges retailers should be aware of before investing in these solutions, and how retailers are measuring success.

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Table of Contents

  • 1. What are pricing solutions?
  • 2. How are pricing solutions today different from years past?
  • 3. Why should the eBusiness professional care about these tools today?
  • 4. What are the estimated costs to implement and maintain pricing solutions?
  • 5. Who in the retail organization determines strategic goals for pricing solutions?
  • 6. What is the retailer's ultimate goal in using pricing solutions?
  • 7. Are pricing solution tools being used to deliver a single price across channels?
  • 8. What best practices do retailers apply when utilizing price solution tools?
  • 9. What challenges must retailers overcome when using pricing solution tools?
  • 10. How are retailers measuring the success of pricing solution technologies?

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