Understand the elasticity and demand for your product. Manage some or all of your categories and locations. See effect of price changes before you make the price changes.
Understand your competitors prices for the same or similar products. Webscraping tool to gather and validate your competitors prices. Attribute by UPA, product information and images.
Run ad hoc or scheduled analysis of key product groups. Analyse and refine your pricing statergy. Consulting and staff augmentation to help organize, train and build your pricing team.
"We offer a Low Cost / Small IT footprint solution to Full Life-Cycle Price Optimization and Consumer Demand Modeling. Our low price guarantee is a fraction of the cost of most brand name solutions."
"At Home Depot, GPS helped us to design, launch and project manage a category pricing strategy and rules review process from the ground up. Their willingness to roll up their sleeves and get the job done was instrumental in getting this project off the ground."
"We were very happy with the direction GPS provided us on Competitive Pricing and Localized Assortments."
"Global Pricing Solutions was the clear choice in providing the right analytical solution for us."
"With such a diverse assortment & customer base we required a solution with precise accuracy in building price elasticity models. Global Pricing Solutions provided analytical insight to improve our pricing strategy in supporting our customers’ needs."
"Typically Retailers and Grocers can realize 10-20x ROI for every $1 dollar they spend."
GPS uses scientific algorithms to analyse your consumer purchases to determine elasticity of consumer demand and seasonality by product and catgory.
Our price optimization tool provides optimal prices for each product weekly, taking into account seasonality and market basket statergies
Our global team of experienced pricing statergists offer analysis services on price change success, and reccomendations on new pricing statergies