Davis, CA (PRWEB) April 28, 2016
Engage3, a leading competitive intelligence and consumer personalization company and Price Revolution, LLC, a leading provider of price strategy development and change management consulting services, announced today the commencement of a reseller partnership.
The strategic move will allow Price Revolution to resell Engage3’s SaaS platform, MissionControl Competitive Intelligence, as well as the company’s OmniVerse Price Monitoring solution. Engage3 and Price Revolution will launch a co-marketing campaign and commit sales planning resources to the partnership. These solutions provide retailers and brands with additional visibility and guidance to improve price image, profitability, and the ROI of their pricing programs.
“Competitive intelligence should be a part of every retailers’ pricing strategy,” says Mark Kelso, Managing Partner at Price Revolution. “Retailers who use competitive shopping in their strategic arsenal know that accuracy and timeliness are critical to delivering prices that resonate with their target customers. Engage3 transforms scheduling and executing competitive shopping intelligence from difficult to seamless, delivering accurate and timely information to retailers. We are very pleased to partner with Engage3.”
The partnership enables both sides to take advantage of a more holistic collective offering in the retail space. The MissionControl platform has been credited by grocery, drug, and specialty retailers of all sizes as a solution to the long-held issues of inconsistency and inaccuracy in the data collection process. The platform has been proven to reduce turnaround time on competitive data collected by as much as 40% and improve overall visibility by a factor of 10. MissionControl’s premium functionality includes adjusting the frequency and depth of a given product set across in-store and online channels through several optimizations, laying the groundwork for a dynamic competitive shop program. Price Revolution’s domain expertise in the field of pricing strategy and optimization and familiarity with the platform allows them to effectively deploy, implement, and support these solutions.
“Price Revolution has a strong track record of leading successful price optimization implementations and of designing and executing retailers’ pricing strategies,” says Edris Bemanian, Engage3 COO. “Combining their price management expertise and Engage3’s cutting-edge competitive intelligence technology will enable retailers of all sizes to not only gain visibility into their competitors’ pricing and assortment strategies, but to execute actionable insights provided jointly through the partnership.”
Founded by the same team that pioneered Retail Price Optimization at Khimetrics, Engage3™ combines data science, deep domain expertise, and innovative technology to be a leading competitive intelligence provider and consumer science company. Engage3’s omni-channel competitive intelligence SaaS platform, MissionControl™, improves CPG companies’ competitive visibility and maximizes their ROI. MissionControl™ is powered by advanced predictive analytics and Engage3’s historical product and pricing database, which consists of over 5 million UPCs and 10 billion price updates per year across over 32,000 retail locations. Engage3 is also recognized by IDC Retail Insights as a first mover in providing participatory commerce solutions for retailers and manufacturers via its personalized offers platform, Vantage Offer Optimization™. The platform leverages digital assistants to enable true 1-1 offers that improve the ROI of trade funds 4x over traditional promotions and help retailers & brands transition to this hyper competitive future of personalized pricing. More information is available at http://www.engage3.com.
About Price Revolution:
Price Revolution, founded to fill a void in today’s price optimization offerings, recognized that all retailers, no matter what size, need access to state-of-the-art technology and expertise in order to drive profitable demand. Whether you are a small, midsize, or large retailer and want to access the technology along with price management services and expertise, Price Revolution has a set of services that will take your pricing prowess from uninspired to customer-focused. More information is available at http://www.price-revolution.com.