Ottawa, Canada (PRWEB) October 23, 2013
Today, 360pi, the leader in retail price and product intelligence, announced that Build.com has joined the company’s growing list of large retailer customers that leverage real-time price intelligence to drive conversions, revenues, and margins. Build.com has successfully deployed 360price, 360pi’s exact match solution, to effectively monitor pricing for over a billion permutations and combinations of products, categories, and competitors.
Build.com is a recognized e-commerce leader in plumbing, lighting, hardware and other home renovation products. “We recognized early on that the dynamics of the home improvement market are ideal for online shopping with consumers looking for simpler and quicker access to a greater selection of products than possible with a traditional big box retailer,” said Brandon Proctor, VP of Marketing, Build.com. “Online competitive pricing is a moving target and we need to have insight into the pricing strategies of other leading retailers in the home improvement category to build and reinforce our competitive advantage. We selected 360pi for their proven ability to deliver accurate product and price matches for a very large number of SKU’s, categories, and competitors.”
“Home improvement retail represents approximately $400B in total annual US retail sales, with more and more sales moving online daily,” stated Alexander Rink, CEO of 360pi. “Build.com is the fastest growing online retailer in this segment and we are extremely pleased to be able to help them grow and build for sustainable competitive advantage with our price intelligence solution set.”
Watch a video clip with Build.com’s Chief Merchant, Devin Van Hout, highlighting their success with 360pi.
360pi helps top retailers compete and win in an increasingly price transparent environment. 360pi actively monitors millions of products from hundreds of retailer websites and delivers price intelligence for exact and similar matched products with unprecedented accuracy. 360pi's retail clients benefit from real-time visibility into the market and full awareness of the competitive pricing landscape to "right-price" to consumers. Ultimately, 360pi's customers make smarter pricing decisions that drive increased conversions, revenues, margins and customer loyalty.
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Ketner Group PR + Marketing (for 360pi)