AI-based Price Optimization with 12.3% revenue uplift
Learn how a DIY retailer Vimos maximized revenue without traffic losses in the short term and saved profit during the low season.
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Vimos used Competera to set prices based on the elasticity of demand, analysis of product cross-dependencies and 20+ pricing and non-pricing factors.After the pilot launch, Vimos decided to scale Competera on all 43 stores and update its pricing methodology and approaches.
Revenue increased by 12.3%
Gross profit boosted by 8.45%
Sales items increased by 6.31%
1% of traffic
Repricing takes 2 hours once a week
Software Trusted by Customers Across the Globe
Take a look at the results of companies who have already taken advantage of our price optimization software: