Engage3 Brings Price Image Optimization to Beverage Alcohol Brands
DAVIS, Calif., Oct. 18, 2022 /PRNewswire-PRWeb/ -- Engage3 powered by Dexi, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today announced its partnership with premier wine and spirits brand Moët Hennessy.
Moët Hennessy, the wine & spirits division of luxury giant LVMH, has been producing the world's most renowned beverages since 1365. Moët marries cutting-edge technology with nearly 700 years of expertise to craft many of the world's most historic labels, including Moët & Chandon, Hennessy, Mercier, Veuve Clicquot, Belvedere, and Dom Perignon.
For many years, Beverage Alcohol brands have relied on incomplete projected data samples and spotty consumer data that limited their ability to track how products were priced and benchmarked against their competition. Leveraging industry-leading web scraping capabilities combined with an extensive professional auditor team, Engage3's Price Image Management suite provides Beverage Alcohol brands with the industry's most complete visibility into pricing execution in all major chains, across control states and in the independent liquor stores that drive sales in Bev Al.
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"We're honored to become a part of Moët's incredible history," said Edris Bemanian, Engage3 CEO and Co-Founder. "Our solution arms Moët Hennessy with unprecedented coverage of the competitive landscape and our ML-powered platform transforms this wealth of data into uniquely powerful insights. In keeping with Moët's tradition of innovation, we're helping Moët tackle revenue growth management in a completely new way."
About Engage3 Powered By Dexi
Price optimization pioneers Ken and Tim Ouimet created Engage3 to revolutionize the way brands and retailers engage with their shoppers. Engage3 provides the industry's most comprehensive omnichannel intelligence solution, combining best-in-class AI-enabled web crawls, professional in-store audits, and self-serve in-store and online data collection into a single source of truth. Leveraging advanced algorithms and the Nobel Prize-winning Efficient Frontier theory, Engage3 helps retailers and brands track and optimize their Price Image to profitably accelerate revenue growth, drive incremental store trips, and increase margins.
Engage3 serves more than 300 customers in 182 countries, supporting $2 trillion in global retail revenue. Engage3's leadership team is composed of former executives from KhiMetrics, Mozenda, SAP, Revionics, dunnhumby, KSS Retail, IBM/DemandTec, and Nielsen. Engage3 is headquartered in Davis, California with 6 additional offices around the world.
Media Contact
Ben Roden, Engage3, (801) 889-1135, [email protected]
SOURCE Engage3
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