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What is Retail Express?
Pricing software solutions cater to a wide range of needs, from basic Price Management to advanced Price Optimization and Automated Rules Based pricing strategies. By utilizing this system, users can predict the potential outcomes of various pricing scenarios. This comprehensive solution integrates all aspects of contemporary pricing strategies, enabling the implementation and enhancement of Hi/Low, EDLP, or a hybrid approach, governed by specific rules related to line items, brands, suppliers, and categories. Additionally, it incorporates performance targets to ensure effectiveness. The price optimization feature empowers users to enhance their portfolio's profitability, margin, or contribution efficiently. Regular and promotional pricing can be optimized both separately and together as needed, all while disregarding the impacts of other revenue optimization tools. Ultimately, this flexibility allows businesses to respond swiftly to market changes and maximize their competitive advantage.
What is Luca?
Luca's cutting-edge pricing engine leverages artificial intelligence to scrutinize sales patterns and market insights, facilitating well-informed choices about pricing and promotional strategies. When crafting a thorough pricing strategy, it is essential to amalgamate both category-specific goals and broader business objectives, adhering to established protocols. Take into account competitor pricing thresholds, target profit margins, rounding conventions, and other pertinent factors, while also evaluating how these constraints affect each SKU. Define a clear guiding principle for your pricing aspirations, striking a balance between maximizing revenue and maintaining profitability. Moreover, utilize an AI-enhanced matching algorithm that can detect both exact and partial correlations among products, enabling businesses to competitively price not just similar items but also viable alternatives. Create a pricing adjustment timeline that corresponds with your operational requirements and evaluate the expected impact of each change at both the SKU level and across the business as a whole. Encourage engagement by allowing your entire team to utilize the Luca dashboard, promoting collaborative decision-making. With a comprehensive metrics dashboard, remove ambiguity by acquiring insights into the anticipated results of each pricing modification, ensuring your strategies are grounded in data and closely aligned with market needs. This all-encompassing approach equips organizations to swiftly and strategically respond to evolving market dynamics, ultimately fostering a culture of adaptability and innovation.
Integrations Supported
Amazon
Amplitude
BigCommerce
Databricks Data Intelligence Platform
Fivetran
Google Analytics
Magento
Microsoft Dynamics 365
NetSuite
PostHog
Integrations Supported
Amazon
Amplitude
BigCommerce
Databricks Data Intelligence Platform
Fivetran
Google Analytics
Magento
Microsoft Dynamics 365
NetSuite
PostHog
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
Retail Express
Date Founded
2004
Company Location
United Kingdom
Company Website
www.retailexpress.com
Company Facts
Organization Name
Luca
Company Location
United States
Company Website
www.askluca.com
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
Retail Management
CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce
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