Pricing and Promotion Planner
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About
jahan.ai's Pricing and Promotion Planner is an AI-powered tool that streamlines the planning process by optimizing and automating strategic decisions. It helps businesses make data-driven plans, improving sales while controlling costs and reducing risks. The solution supports both eCommerce and brick-and-mortar stores, offering real-time updates and various levels of granularity. It integrates with existing data systems and supports a wide range of pricing and promotion tactics, considering competitor pricing for a competitive edge. The tool uses advanced algorithms and machine learning to learn from past performance and optimize every decision, including setting objectives, tactics, and prices for best results.
Platform
Features
• streamlined workflows
• demand forecasting
• deep dive
• modern and advanced approach
• automated optimisation
FAQs
Does the solution support eCommerce or Brick-and-Mortar stores?
The solution supports both eCommerce and Brick-and-Mortar stores. It can handle the unique requirements of each channel, whether it's dynamic online pricing or optimising in-store promotions, providing a cohesive strategy across all sales channels.
How frequently can pricing and promotion strategies be updated? Does it support real time dynamic pricing?
The solution can update pricing and promotions in real-time, allowing businesses to respond quickly to market changes, competitor actions, and demand shifts. It supports ongoing adjustments and can be set to run automatically or triggered on-demand by users. Consistent data feeds and automated scheduling ensure the process is seamless and efficient. Other than real-time, the solution can also support any other frequencies (including custom ones) such as daily, promotion week, month, etc.
What level of granularity does the pricing and promotion solution support?
The solution supports any level of granularity, from site-specific pricing to custom clusters and national pricing strategies. It allows flexibility to implement varying tactics across different regions, stores, or even down to the product level.
How many sites and products can the solution handle?
Our solution is scalable and can support millions of product-site combinations, making it suitable for businesses with large and complex portfolios across multiple locations.
What types of pricing and promotion tactics does the solution support?
The solution supports a wide range of pricing and promotion tactics, including dynamic pricing, discounting, bundling, loyalty programs, price elasticity testing, and seasonal or event-based promotions. It can also simulate different scenarios to help businesses choose the best approach.
Does the solution factor in competitor pricing?
Yes, we understand the importance of staying competitive. If you can provide a feed of competitor pricing, our solution can integrate it into the optimisation process. Additionally, we can work with our partners to source competitor pricing data of your interest, ensuring that your pricing strategies are well-informed and competitive in the market.
How does the solution integrate with my existing data systems?
Our solution can seamlessly integrate with various data sources, including CRMs, e-commerce platforms, ERP systems, and data warehouses. It supports direct connections to popular platforms like Fabric, Snowflake, Databricks, BigQuery, Oracle, SAP, and Microsoft Dynamics. We also offer integration through SFTP servers and have multiple patterns to suit different business needs.
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