“Shifting customer demand, driven in large part by online shopping behavior, dictates the need for a more localized pricing strategy which considers demand across a single enterprise,” said Brent Lippman, Executive Chairman for Clear Demand. “Products may generate demand sooner online than in-store and delivering tools which reveal these patterns can change the game for retailers as they develop strategies for competing with Amazon, eBay and others. We are pleased to be leading innovation in this area.”Some of the additional innovations Clear Demand provides inside its Markdown Pricing module include Constrained Optimization, Store Clustering, Integrated Markdown Budgeting and Merchandise Analytics.
Clear Demand's is focused on enhancing value and reducing risk for retailers through its four guiding technology principles:
- Integrate to legacy IT with limited business process disruption;
- Blend structured databases with unstructured (big) databases for maximum data granularity;
Clear Demand, the first to deliver an omni-channel retail pricing solution, announced important markdown pricing innovations intended to advance#
-Scale processing capacity on-demand as requirements dictate; and
-Deliver “high availability” solution access.
Clear Demand