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What is PriceMind?

Retailers and e-commerce platforms encounter numerous common challenges, such as holding excess stock and determining ideal prices, which are affected by factors like inventory value, competitive landscape, seasonal shifts, and consumer preferences. In response to these challenges, NextOrbit has developed cutting-edge technology that harnesses artificial intelligence and machine learning to guide sellers in formulating optimal pricing strategies for their offerings. This groundbreaking solution encompasses several essential components: the NextOrbit PriceMind platform, which employs AI and machine learning to refine pricing decisions, ultimately leading to increased profits and sales; the NextOrbit DemFor tool, which enhances demand forecasting for improved inventory turnover; and the NextOrbit PriceEye platform that monitors competitor pricing, delivering timely notifications about their pricing tactics as frequently as needed. By fusing intelligent demand forecasting with a combination of machine learning and human expertise, NextOrbit successfully integrates the advantages of both methodologies while factoring in the impact of local events on market trends. This all-encompassing system not only fine-tunes pricing strategies but also significantly boosts overall business performance, ensuring that retailers are adequately prepared to adapt to fluctuating market conditions. Furthermore, it empowers businesses to make data-driven decisions, ultimately fostering a more resilient and agile retail environment.

What is PRICEXPERT?

PRICEXPERT, created by Advanced Pricing Logic, is an advanced price management solution that provides a wide array of options specifically designed to cater to the varying needs and financial capabilities of its users. This adaptable software includes three different tiers, allowing organizations to choose the level that best fits their objectives for expansion and profit enhancement. Tailored for both small to medium enterprises and larger retail operations, PRICEXPERT equips these businesses with the tools necessary to compete effectively against the pricing tactics employed by Fortune 500 companies. Utilizing cutting-edge techniques such as Predictive Analytics, Prescriptive Analysis, Pricing Rules and Management, as well as Machine Learning, it ensures businesses achieve peak performance. Gone are the days of feeling bogged down by complex Excel spreadsheets while trying to maximize your earnings; PRICEXPERT is designed to streamline your processes and significantly boost your financial results in a short period. Furthermore, the APL PRICEXPERT OPTIMIZER is crafted to enhance margins and revenue, providing scientific control over your pricing strategies. By incorporating state-of-the-art technology, PRICEXPERT not only prepares your business for immediate success but also lays the groundwork for long-term viability in a highly competitive landscape. This innovative approach ensures that you remain agile and responsive to market changes, giving you an edge in the industry.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

NextOrbit

Date Founded

2014

Company Location

India

Company Website

www.nextorbit.com/en/

Company Facts

Organization Name

Advanced Pricing Logic

Date Founded

2009

Company Location

United States

Company Website

advancedpricinglogic.com/pricexpert-solutions/

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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