CoSupport AI
What is Pricen?
Pricen is an advanced AI-powered platform designed to revolutionize the way retailers and ecommerce businesses approach pricing. By utilizing robust artificial intelligence algorithms, Pricen supports an end-to-end pricing workflow—from initial assortment planning and base pricing to dynamic real-time adjustments, price simulations, discounts, and markdowns. The platform empowers users to automate pricing strategies based on actual market data and demand forecasts, ensuring optimal pricing at every stage of a product's lifecycle.
Built for scale and customization, Pricen manages diverse and complex product portfolios with smart filters, no-code automation, and strategic intelligence to efficiently segment store regions, set optimal prices, and track promotional campaigns. Companies can leverage its AI insights to streamline operations, increase profits, and maintain a competitive edge, supported by secure workflows and enterprise-ready tools that adapt to any retail vertical.
Features
- Assortment Planning: AI-driven recommendations for optimizing product mix to meet market demand.
- Base Pricing Tool: Automated base price definition for new arrivals using AI.
- Dynamic Pricing: Real-time price adjustments based on market and demand signals.
- Price Simulation: Forecast and visualize impact of pricing changes before implementation.
- Promotions Management: Creation and tracking of discount campaigns with AI-powered suggestions.
- Markdown Optimization: Identification and automation of clearance and markdown actions while maximizing profits.
- Pricing Automation: No-code rules and intelligent filters to automate bulk pricing changes.
- Segmentation & Customization: Support for localization by store segment, region, and product category.
Use Cases
- Automating pricing updates for large and dynamic inventories.
- Optimizing product launch prices for new retail items.
- Forecasting the impact of upcoming promotions or markdowns.
- Running data-driven, real-time pricing strategies for ecommerce.
- Segmenting and customizing prices for different store regions or types.
- Clearing seasonal inventory while maintaining profitability.
- Creating AI-backed discount campaigns to drive sales.
FAQs
-
Which types of retailers can use this platform?
Pricen is suitable for e-commerce, omnichannel, brick-and-mortar, and specialty retailers across various product categories. -
Can I customize the modules to suit my business needs?
Yes, Pricen offers flexible modules that can be tailored to your specific business requirements and objectives. -
How does Pricen handle large and complex product catalogs?
The platform is built for scale and enables efficient management of thousands of SKUs using advanced workflows, no-code rules, and intelligent filters. -
What kind of support is available for new users?
Pricen provides personalized support from onboarding to ongoing usage, ensuring users maximize the benefits of the platform.
Related Queries
Helpful for people in the following professions
Pricen Uptime Monitor
Average Uptime
100%
Average Response Time
186.77 ms
Featured Tools
Join Our Newsletter
Stay updated with the latest AI tools, news, and offers by subscribing to our weekly newsletter.
