Customer using a credit card to pay in a supermarket

Automated Price and Promotion Module

Artificial intelligence for prices that get better every day.

RapidPricer’s team has developed algorithms that process vast amounts of input data to deliver the best merchandising recommendations in real time.

COMPLETE PRICE AUTOMATION

The perfect price for every product by location and time is a moving target. Our algorithms connected to Electronic Shelf Labels will help you achieve the target.

KEEP IT FRESH

Maintaining the quality of inventory, especially Fresh produce, is a huge challenge. We work by product, location, freshness and demand level to determine price, location and order quantity.

POWER PROMOTIONS

The right promotion is a function of competition, inventory and customer need. We make it happen automatically with zero lead time.

INTERNET OF THINGS

Products, shelves, customer devices and the shop floor have a wealth of information. Our IoT devices capture this data and transform it into actionable insights.

ORDERING/ SUPPLY CHAIN

Too much inventory, too little inventory or not in stock. Our algorithms automatically control the order quantity, frequency and suggest a price for vendor negotiations.

COMPETITIVE PRICING

Match prices, beat prices or keep a distance? We will track, match and find the best price for your products and learn continuously to stay way ahead of your competitors.

COMPLETE CONTROL

There are too many rules, strategies and competitor actions to consider while making pricing decisions. Our algorithms ensure that you stay right on top and alert you automatically when your attention is needed.

BIG DATA CAPABILITIES

A huge amount of data is generated every minute in the retail environment. We process this data in real time and convert to merchandising actions.

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