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Leading Retailers Renew Engage3’s Price Image Management Suite For Continued Revenue Growth and Margin Expansion

By July 11, 2023October 17th, 2023No Comments

Engage3 Proves Long-term Value for Retailers As Average Customer Tenure Tops Four Years
Among the Company’s Top 20 Largest Customers

Engage3 Powered By Dexi, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today confirmed the renewals of US-based retailers Heinen’s Grocery Stores, Northstate Grocery, BevMo, and Pyramid Foods, a group that features customers renewing for the eighth consecutive year.

Over 350 customers including 7 of the world’s top 10 retailers rely on Engage3’s Price
Image Management (PIM) suite for strategic competitive pricing insights. Engage3’s suite comprises complete omnichannel data coverage via professional in-store audits and online web scraping, competitive price tracking and optimization, and Lighthouse, the company’s AI-powered Product Linking utility which matched over 50 million unique products in 2022 alone with a 99.3%+ customer acceptance rate.

AI-powered Product Linking: Lighthouse Product Linking by Engage3
Engage3 is the Choice for Retail Leaders: 7 of 10 Top Global Retailers Use Engage3

“We’re increasing our customers’ competitive visibility by 340% and their gross profits by 5-8% through our products,” said Engage3 CEO, Edris Bemanian. “Thanks to the great feedback and partnership we get from our customers, we also continue to aggressively invest in product R&D to further improve our capabilities and expand our use cases. We appreciate our customers’ vote of confidence in renewing and expanding their engagements with us and for trusting us to keep them on the cutting edge of pricing intelligence.”

More from Engage3:
The Innovation Table | Karthicka Krishnaswamy on Simplifying Complexity
Engage3 Expands GTM Leadership Team

Leveraging proprietary algorithms and advanced Machine Learning, Engage3’s PIM solution combines advanced price data analysis with customer perception modeling to generate price recommendations that help retailers drive revenue and margin growth while maintaining customer loyalty, supporting over $4 trillion in annual retail revenue worldwide.

About Engage3 Powered by Dexi

Price optimization pioneers Ken and Tim Ouimet created Engage3 to revolutionize how brands and retailers engage with their shoppers. Engage3 provides the industry’s most comprehensive omnichannel competitive intelligence solution, combining best-in-class AI-enabled web crawls, professional in-store audits, and self-serve in-store and online data collection into a single source of truth. Leveraging advanced algorithms and the Nobel Prize-winning Efficient Frontier theory, Engage3 helps retailers and brands track and optimize their Price Image to profitably accelerate revenue growth, drive incremental store trips, and increase margins. Engage3 serves over 300 customers in 182 countries, including 7 of the world’s top 10 retailers, and supports over $4 trillion in global retail revenue. Engage3’s leadership team comprises former executives from KhiMetrics, Mozenda, SAP, Revionics, dunnhumby, KSS Retail, IBM/DemandTec, and Nielsen.