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What is ShopGrok?
ShopGrok is a suite of software and data analytics products that allow retail and consumer professionals to make better price and range decisions. Experience a powerful suite of tools that take the pain out of data capture and mapping, and get you to actionable insights within seconds. Today, we work with leading retailers and brands all over the world to help them achieve this vision.
Solutions include:
- Price Optimisation
- Real Time Inbox Alerts
- Historical Pricing Analysis
- KVI Identification and Matching
- Custom Reports
- Promotional Trends Analysis
- Assortment Optimisation
- Visual Range Comparison
- New/Delisted SKU Alerts
- Price Architecture Analysis
- Marketplace Management
- Marketplace Range Parity
- Marketplace Price Parity
- Seller Onboarding
- Pricing Automation
- Pricing Rules
- Competitor Benchmarking
- Price Index Generation
- Flexible Ecommerce Integration (Shopify, Magento, WooCommerce, BigCommerce, etc. or Custom API)
- Global Coverage
What advantage does ShopGrok have over other competitor pricing solutions?
We are not simply a web crawling or data automation product. Our team comprises world class experts in retail pricing strategy, data extraction and data science. We have spent thousands of hours between us working within and for retail buying teams to help them make better decisions through data analytics.
Pricing is the #1 driver of profitability in any retail business, but most retailers leave it to gut feel and a remarkably incomplete picture of current market prices.
Get in touch to learn how ShopGrok can help your retail business devise defensible long term pricing strategies.
What is Pricing Lifecycle?
An advanced solution has emerged for the efficient application of strategies concerning Pricing, Promotions, and Markdown optimization. Emphasizing a strategic mindset over mere parameter fixation is crucial. This innovative Stock Optimization method transforms the processes of replenishment and allocation by combining regular forecasting with promotional forecasting. Many retailers often adhere to basic pricing strategies that rely heavily on fixed gross margins. However, the effectiveness of initial pricing can only be judged once actual trading begins and sales data is collected. The Pricing Lifecycle framework plays a pivotal role in protecting brand integrity and margin while ensuring that price perceptions remain favorable. By incorporating data analysis, pricing strategies, and optimization tactics, businesses can identify the best price across all channels on a daily basis. Additionally, this methodology allows for simulations that evaluate the potential effects on sales, margins, and price perception of various choices prior to their execution. This groundbreaking approach has the potential to boost revenue and gross margins by 2% to 6%, establishing a new benchmark in the retail sector. Furthermore, this holistic solution grants retailers the flexibility to respond more effectively to market fluctuations, thereby ensuring their sustained competitiveness in a rapidly changing environment. This adaptability not only enhances operational efficiency but also fosters customer loyalty in an increasingly discerning market.
Integrations Supported
Adobe Commerce
BigCommerce
Magento
SAP Commerce Cloud
Salesforce Agentforce Commerce
Shopify
Shopify Plus
WooCommerce
Integrations Supported
Adobe Commerce
BigCommerce
Magento
SAP Commerce Cloud
Salesforce Agentforce Commerce
Shopify
Shopify Plus
WooCommerce
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
ShopGrok
Date Founded
2018
Company Location
Australia
Company Website
shopgrok.com
Company Facts
Organization Name
Profimetrics
Date Founded
2006
Company Location
Portugal
Company Website
www.profimetrics.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
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
