Source 1 Supplier Negotiations 2 Assortment Decisions 3 MAP Negotiations I don’t know if my supplier is giving discounts to my competitors. I don’t know which models my competitors are carrying and which products present an opportunity. How do I know if my competitors are violating MAP? 1 Profit I don’t know which of my products are underpriced and which are overpriced. Price 1 Supplier Negotiations 2 Assortment Decisions 3 MAP Negotiations 1 I negotiate better pricing from my manufacturer because I know how my competitors are pricing the brand. I make smart assortment decisions because I know what my competitors are carrying and what they are not. I know when my competitors violate MAP. Profit I can act on millions of competitive price opportunities. Private Brand 2 Private Brand 3 Visibility 3 Visibility 4 In-store Competitive Data 4 In-store Competitive Data 5 Price Optimization 5 Price Optimization 2 How do I set the right price on my private brand product without knowing prices of similar products? I need visibility into the online price that shoppers use as their reference point in-store. My in-store competitive data is collected by mystery shoppers with clipboards and this takes too long, costs too much, and is inaccurate. My pricing engine routinely gives me “optimized” prices that are based on what happened a month or a quarter ago and don’t make sense in the current market. 1 2 3 4 Promo Opportunities Promote I don’t know which products to promote. Promotional Price 1 I can set my prices based on competitive products that I consider to be similar including private brands. I seize competitive opportunities because I see what my customers see online before they come to my store. I have access to a current, accurate, and integrated view of in-store and online competitive pricing including zone-based insights. My pricing engine ROI is maximized because I can add a real-time competitive intelligence datastream to seize immediate margin and sales opportunities. Promo Opportunities I seize promotional opportunities because I have a full picture of the competitive landscape. I don’t know if my promo price is too high or too low - or how my competitors react to my promotions. 2 Promotional Price Markdowns 3 Markdowns 4 Brand Strategy I have to mark down products because I didn’t have the right information to make effective pricing decisions. Brand Strategy I don’t know if my prices are consistent with my own pricing strategy and brand. 1 2 Convert Showrooming My customers are comparing prices on their smartphones and I don’t know what they are seeing. Customer Loyalty Our customer loyalty and brand perception are being undermined because our price positioning is inconsistent. 3 Price Matching 4 Webrooming I minimize markdowns based on smart pricing decisions throughout the product lifecycle. My pricing is on brand and is consistent with my pricing strategy. 1 Showrooming 2 Customer Loyalty 3 We price match a lot, but I don’t know if the discount is valid. I don’t know how many sales we’re losing due to competitors’ prices. I know the right price for my promotions. 4 My employees close the sale using their access to instant competitor pricing and availability. Customers trust our brand because we deliver consistently great overall value. Price Matching My employees validate price match claims and I have an audit trail of the price. We integrate price protection guarantees into customer loyalty programs. Webrooming My competitive intelligence solution helps me convert customers at the right price, increasing sales and margins. Increase Sales Increase Margins Reduce Costs
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