Repricing products in real time has become the new standard in the way retailers present their products on various online marketplaces and webstores.
San Francisco, CA (PRWEB) October 27, 2014
Price intelligence leader Wiser announced today that it has been selected as a member of Revionics’ Competitive Data Partner Program, which will allow retailers to seamlessly incorporate Wiser’s online pricing intelligence into Revionics’ price optimization solution for more effective and competitive pricing. Retailers will be able to respond strategically to shifting competitor behavior more quickly and effectively to thrive in the current competitive landscape.
Today’s online marketplace has become thoroughly saturated with competitors, giving retailers plenty of incentive to invest in pricing intelligence software. Repricing products in real time has become the new standard in the way retailers present their products on various online marketplaces and webstores. Wiser offers the most extensive line of repricing software currently available to retailers.
The Revionics Competitive Data Partner Program was created to help retailers respond to changing shopper and competitive behavior in an effective manner. Wiser’s state of the art online pricing intelligence will now be integrated into Revionics’ price optimization solution to deliver more accurate and profitable pricing choices for retailers at the speed, scale and frequency required.
When asked about his thoughts about the partnership, Arie Shpanya, CEO of Wiser said, “Wiser is excited and humbled to join the prestigious roster of Revionics’ Competitive Data Partner Program. Revionics’ ability to incorporate data into retailers’ competitive positioning strategies, along with Wiser’s repricing software designed to keep retailers competitive and profitable, will be able to benefit retailers of all kinds.”
“We welcome Wiser to our Competitive Data Partner Program,” said Marc Hafner, Revionics CEO. “This program enables retailers to incorporate competitive pricing intelligence data with other critical data, science, rules and strategy, which results in stronger competitive positioning strategies at the speed, scale and frequency necessary to capitalize on the ever-changing market conditions.”
Wiser provides a complete suite of solutions to give retailers, brands, and manufacturers the edge to stay both competitive and most importantly, profitable.
Wiser’s flagship product is WisePricer, a full-featured dynamic pricing and merchandising engine that monitors, analyzes and reprices retail products in real-time. WisePricer enables retailers to boost profit margins and revenue, price with confidence, and improve merchandising through powering the development of a sound pricing strategy.
Wiser also offers a MAP monitoring solution, WiseMapper, for brands and manufacturers to monitor and protect their pricing across the thousands of retailers selling their products.
For more information on Wiser and WisePricer, please visit wiser.com/wisepricer.
About Revionics, Inc.
Revionics delivers proven End-to-End Merchandise Optimization solutions, enabling retailers of all sizes to execute a fact-based omnichannel merchandising strategy utilizing the most comprehensive set of shopper demand signals to enhance financial performance with improved customer satisfaction. Revionics’ solutions leverage advanced predictive analytics and demand-based science to ensure retailers have the right product, price, promotion, placement and space allocation for optimal results across all touch points in the omnichannel shopping episode – online, in-store, social and mobile. Offered on a scalable, high performance SaaS platform, these solutions deliver insights and recommendations at speed, scale and frequency, while providing speed-to-ROI. Over 37,000 global retail locations representing $150+B in annual revenue across grocery, drug, building materials, convenience, general merchandise, discount, sporting goods stores and eCommerce sites optimize with Revionics’ solutions. Revionics has been recognized as a Deloitte Technology Fast 500™, Red Herring Top 100 Global, Red Herring Top 100 Americas and JMP Securities’ Hot 100 Software Company. For more information, please visit http://www.revionics.com.