Largest furniture store brand in North America taps Engage3’s Price Image Management Suite “We have a massive and differentiated assortment that requires a combination of precision and scale to support…
Read More
New senior executive role created as company doubles its year-over-year customer count, launches new pricing capabilities, and increases the scale of its data assets by over 2x YoY “In addition…
Engage3’s Price Image Management Suite Secures 100%+ growth rate “…in 2021 we are on track to double the number of customers subscribing to our Price Image Management Suite.” Edris Bemanian,…
PRESS RELEASE – Davis, CA – July 20, 2021 – Engage3 Enhances Price Image Management Suite to help Independent Retailers track and optimize their Price Image at the local level…
2,200 Store Convenience Operator to Expand Market Visibility & Insights “In addition to the cloud-based visualization and insights that will now be available to us at Casey’s, we are excited…
High-Growth Retail Pricing Data Science Company Earns Placement on Inc. Magazine’s Lists of Fastest Growing Companies for 5th Time
North State Grocery, a fully employee-owned and operated neighborhood grocery chain operating as Holiday Markets and Sav-Mor stores in Northern California and Southern Oregon, will increase their competitive visibility and sharpen their Key Value Items (KVIs) using Engage3’s pricing solutions.
North State Grocery, a fully employee-owned and operated neighborhood grocery chain operating as Holiday Markets and Sav-Mor stores in Northern California and Southern Oregon, will increase their competitive visibility and sharpen their Key Value Items (KVIs) using Engage3’s pricing solutions.
Engage3 will allow Heinen’s to achieve the most comprehensive competitive pricing visibility, while leveraging its ML-powered product linking capabilities to attain a contextualized view of their competitors’ equivalent items at the localized market level.
Thad Reuter of Progressive Grocer, in a recent article titled Getting Pricing Right in 2021, writes that price optimization will be undergoing significant changes in 2021 – and that retailers who don’t get on board will face problems sooner than later.
“Price optimization will need to shift to be able to deal with smaller trip sizes, households with less money to spend on each trip, shifts to private label, and smaller pack sizes,” Edris Bemanian, Engage3 CEO, predicts. “Historical price optimization models of increasing price to drive profit won’t work. Retailers will need to focus on the items that drive their Price Image to keep traffic up.”
