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Want to create a successful pricing architecture, make smart price adjustments, and get the most out of your promotions and discounts? EDITED Pricing connects competitive data with your company and customer data in one place so you can clearly see what’s working and make profitable changes.
What products should I take action with? Where should I make price increases/decreases?
How do we ensure our pricing is competitive while still reflecting the value we offer? How do we benchmark against similar items in the market?
How can we optimize our "good, better, best" price points to appeal to different customer segments and maximize sales while maintaining margin?
How should we react to competitor discounting — should we match their prices, offer better value, or maintain our premium positioning?
Which items and price points are driving the most profitability, and how can we leverage them to encourage repeat purchases and boost customer lifetime value?
How can we automate price adjustments based on key triggers, such as margin targets, overstocked inventory, or low-converting products, to maximize efficiency and profitability?
EDITED uses AI to automatically identify products to consider for a price increase or decrease.
Competitor pricing analysis tools let you visualize and benchmark yourself against competitors' products by price point, pricing architecture, discount depth, and pricing mix.
Gain insights into your own pricing strategies with tools that analyze your product performance, product profitability, promotion performance, and customer profitability.
With AI pricing tools, you can automate price changes based on multiple rules, such as margin, stock status, and low conversion.
The Mango team had to get the price right on all products across 115 markets. The task would take 2-3 hours per country, and they were missing sales because they didn’t have the time to ensure they were capturing all the pricing adjustments. The team now uses EDITED to spot these opportunities to adjust pricing to maximize margin, and they’ve grown ecommerce sales by 50%.
Mango
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