Dynamic Pricing from Solutions ITW takes all the valuable sales data gathered through our DGR platform and analyze it for trends in the market.
Solutions AI Data Analytics™ processes and analyzes your data all day, every day, to find where pricing can be increased/decreased to maximize revenue. Then, our Dynamic Pricing platform provides suggestions based on that data.
Does the region of your Goodwill change the demand for a particular product? Can you charge more for a dress in June than in December? Let Dynamic Pricing help you answer these questions.
Why Dynamic Pricing is Important
Can you put an orange hoodie from X brand out on the floor at a higher price in October than you could in March? Does the region of your Goodwill change the demand for a particular product? These high-level metrics are challenging to track, but with Dynamic Pricing, all these calculations are done automatically.
Ultimately, with optimized pricing, you will be able to increase your average sale and generate more money for your mission. Watch our webinar to learn more.