Powerful AI to Support Your Pricing Strategy
More competitive pricing leads to lower return rates and improved profits. Luminate Market Price uses artificial intelligence (AI) technology to deliver pricing strategies reflecting actual demand and real-time competitive positions. This powerful software-as-a-service (SaaS) application, built on Microsoft® Azure®, tests and measures interactions between price and demand changes. With continuous optimization to align with all-channel pricing, Luminate Market Price allows you to optimize hundreds of prices every day while considering the cost and effects of each change.
More Competitive Pricing
Luminate Market Price automatically sets revenue and profit-maximizing prices using current and historical sales data and product master data.
Up
to
to
5%
Improved Profits
Better Customer Service
With Luminate Market Price’s 360-degree view of the market ecosystem, you automatically get a price strategy that is competitive and aligned with customer expectations.
Lower Return Rates
Fewer Repricing Events
With continuous optimization to align with all-channel pricing, Luminate Market Price allows you to optimize hundreds of prices every day while considering the cost and effects of each change
Reduced Time Spent on Price Management
Recommended Resources
Find out how Luminate Market Price can help you
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