Profitero is proud to have helped Ocado launch and continue to maintain its Low Price Promise initiative every day, delivering the highest accuracy in product matching, particularly amongst own-brand products.
London (PRWEB UK) 23 April 2014
Run by Retail Week and judged by retailers, the BT Retail Week Technology Awards celebrates excellence and showcases the technology that is making a difference to businesses.
Over the past few months, both retailers and suppliers in partnership with retailers have been busy submitting their entries to show exactly how technology has been used for the benefit of their business and their customers. The winners will be announced at the prestigious ceremony in June during an evening of reward, recognition and networking.
The BT Retail Week Technology Award for Customer Insight Project Of The Year seeks to recognise the best uses of data and analytics in the industry. Profitero was nominated for the pricing data it delivers to online supermarket Ocado for its Low Price Promise initiative. Click here to read the Customer Success Story in full.
Vol Pigrukh, CEO and co-founder, Profitero, said:
“Profitero is delighted that our submission with Ocado has been shortlisted in the prestigious BT Retail Week Technology Awards. We’re proud to have helped Ocado launch and continue to maintain its Low Price Promise initiative every day, delivering the highest accuracy in product matching, particularly amongst own-brand products. This initiative provides Ocado’s customers with the immediate assurance that they have secured the best price for their online grocery shop, and has helped Ocado attract more customers than ever before and achieve double digit sales growth.”
David Grossman, CEO, BT Expedite, said:
"Congratulations to everyone who has made the shortlist for the BT Retail Week Technology Awards 2014. The judges now have the hard task of deciding the winners in each category but given the high standard of entries we see year on year, making it this far is a fantastic achievement. Good luck to everyone still in the running - we look forward to toasting the very best in retail technology with you on what promises to be another unforgettable evening!"
Rebecca Thompson, Insight Editor, Retail Week, said:
“Congratulations to all of our shortlist – entries this year were better than ever and choosing the shortlist was a real challenge. The finalists highlight the best innovation in the sector, and showcase retail as a truly innovative industry. We think our judges have a tough job ahead of them – good luck!”
For more information on the BT Retail Week Technology Awards go to http://www.retailweektechnologyawards.com/home
Profitero is the leading pan-European provider of online competitor pricing data. We provide both bricks & mortar and online retailers with their competitors' prices, promotions and full product assortment information. Profitero's accurate and timely competitor intelligence enables our customers to make better-informed and more profitable pricing decisions, helping them to increase sales as well as margins.
More than 40 global retailers, including Staples, Tesco, Waitrose and Ocado, rely on Profitero to:
- Benchmark competitor prices
- Manage their prices and promotions
- Attract price sensitive shoppers
- Negotiate better with suppliers
Our pricing data can be seamlessly integrated into price optimization solutions, such as Blue Yonder, Revionics and IBM DemandTec, to deliver more accurate and effective price optimization. Profitero is also the preferred supplier of online competitor pricing data to Nielsen's retail clients across more than 100 countries.
For more information email sales(at)profitero(dot)com or visit http://www.profitero.com.