Upstream Commerce unveils real-time pricing tool

 
April 21, 2014

Upstream Commerce has announced its Dynamic Pricer, which provides retailers the capability to automatically control and change their pricing in real time based on rules the retailer determines.

"In today's hyper-competitive market, with product assortment expanding dramatically, and with adjustments on thousands of products needed on a real-time basis, retailers need an effective solution to help them make more predictive, more accurate, more timely pricing decisions, and Dynamic Pricer does just that," said Upstream Commerce CEO and co-Founder, Amos Peleg.

According to the company, Dynamic Pricer is an automated, rules-based solution that allows retailers to optimize volume and margins by defining an infinite set of rules to act on company business data, competitive data, inventory, and pricing strategy in real time. The company said Dynamic Pricer allows "what if" business scenario management and up-to-the-moment input from the retailer.


Topics: Marketing , Omnichannel / Multichannel , Technology


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