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What is dunnhumby Price?

As competition intensifies in the retail sector, businesses face the daunting task of preserving healthy profit margins while contending with continuous price reductions. To succeed and avoid falling into the harmful trap of excessively lowering prices, retailers must focus on improving customer perceptions of their pricing and promotional efforts without making drastic cuts. Dunnhumby undertakes an in-depth evaluation of existing approaches to identify the most successful strategies for navigating this competitive environment. This analysis equips retailers with the insight needed to refine their pricing models, which can lead to increased margins, higher profits, and improved promotional effectiveness while positively influencing customer value perception. Managing evolving customer expectations around pricing is already a complex challenge, and the added pressure of achieving business goals makes it even more formidable. Dunnhumby Price offers retailers the tools necessary to make informed pricing adjustments and anticipate future market trends. By utilizing Customer Data Science, it recommends optimal base prices, which helps to build customer trust, boost perceived value, and generate substantial business outcomes. Furthermore, this strategic alignment between pricing and customer expectations ultimately fosters an environment conducive to ongoing growth and prosperity for retailers.

What is Compass?

Compass is a cutting-edge trade promotion optimization (TPO) tool driven by artificial intelligence, designed to help businesses assess, analyze, and improve their trade promotions for better returns on investment. By transforming your data into valuable Business Intelligence, our engaging dashboards allow users to monitor and compare essential metrics, KPIs, and trends from a comprehensive viewpoint. Develop smart reports and interactive dashboards to identify the most profitable regions and brands within your portfolio effectively. Obtain vital information through visual formats like charts, graphs, and reports to clarify complex data and convert it into a powerful analytics instrument. With our advanced dashboard reporting features, organizations can utilize rich visualizations that integrate large data sets into a cohesive resource, promoting data-informed business decisions. Moreover, the system provides recommendations for optimal promotions based on specific constraints and goals, while also supporting the creation of robust price-pack structures and varied pricing strategies. It further assists in pinpointing new lucrative market and product segments, ultimately driving business growth and enhancing competitive advantage. This multifaceted approach allows businesses to not only respond to current market demands but also to anticipate future trends effectively.

Media

Media

Integrations Supported

Commanders Act
FuseCommander
TrustCommander

Integrations Supported

Commanders Act
FuseCommander
TrustCommander

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

dunnhumby

Date Founded

1989

Company Location

United Kingdom

Company Website

www.dunnhumby.com/retailers/price-promotions/

Company Facts

Organization Name

Acuvate Software

Date Founded

2006

Company Location

India

Company Website

acuvate.com/compass/

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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