When businesses are considering how much they should charge for a product, parameters such as their competitors' prices and stock levels, to less explicit ones such as the weather must be considered. However, it is almost impossible to process the information, while optimising and managing prices, in real-time due to the ever-changing information.
Pricemoov's price management and optimisation platform uses real-time data points to automatically aid the decision-making process of pricing. By applying this data to automated price updates, notifications, and custom pricing strategies, the platform can greatly reduce the time businesses spend strategising and updating their prices, to boost day-to-day profits.
All the information required to optimise prices is available online, but Pricemoov has made a smart move by curating this data into an all-in-one price management dashboard. Looking forward, the company is investing in further product development, hiring, and accelerating growth in Europe and the USA.
Steph
Company Specialist at Welcome to the Jungle