Precision Pricing in Retail: AI-Driven Pricing Decisions for 2024 and Beyond

What's Inside

To ensure profitability in a volatile macroeconomic and geopolitical environment, retailers need to have a dynamic pricing strategy in place that accounts for shifting shopper needs—and that can be only achieved by leveraging advanced technologies such as artificial intelligence (AI) to their fullest.

In this report, we explore challenges in price setting and discuss how retailers can take a stable and robust approach to pricing, providing a blueprint for retailers to win customers and sales with effective pricing strategies. Discover key steps to incorporating an AI-based retail pricing solution and explore the huge benefits of AI-based dynamic pricing.

This report is produced and made available to non-subscribers of Coresight Research in partnership with RELEX, a provider of unified supply chain and retail planning solutions.

Data in this research report include:

• Global pricing optimization software market size and growth projections
• Proprietary survey findings on the integration level of merchandising functions among US retailers

Other relevant research:

• All our coverage of emerging technology and retail management
• More Innovator Research from Coresight Research
• Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology.

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