A retail price intelligence platform combines price optimization and monitoring software, offering real-time competitive insights and AI-powered analytics to help businesses enhance pricing strategies and improve margins
KEY INSIGHTS
AI-Driven Competitive Insights
The platform utilizes AI-based algorithms to deliver data-driven pricing insights that help retailers stay competitive and maximize revenue
Real-Time Market Analytics
It provides retailers with real-time price monitoring, helping them adjust strategies on the fly to respond to market changes and customer needs
About the client
The client is a retail technology company specializing in providing data-driven solutions for retail businesses, focusing on competitive price monitoring and price optimization. They offer AI-powered tools that help retailers make informed decisions about pricing, promotions, and assortment planning, enabling businesses to stay competitive in dynamic markets
Challenge
The challenge was to enhance and maintain an existing retail price intelligence platform that delivers data-driven competitive insights and analytics. The platform leverages the largest retail pricing dataset, powered by AI-based algorithms.
Project Overview
The solution is a comprehensive web-based platform designed to help businesses optimize their pricing strategies and monitor competitors in real time. It offers two core retail software products: price optimization software and automated price monitoring software.
Price Optimization Software
This software provides a comprehensive benchmarking tool, powered by an extensive retail product dataset and product-matching AI. It helps businesses stay on top of market trends, identify pricing gaps, and seize new opportunities. The software continuously analyzes competitors’ prices, promotions, and retail strategies to inform smart pricing decisions. It also generates valuable insights that enable businesses to create more competitive and profitable pricing policies.
Price Monitoring Software
The price monitoring software is focused on enhancing operational efficiency, increasing margins, and driving revenue. With real-time market analytics and product-level profitability tracking, businesses can optimize pricing strategies and identify new efficiencies. This software also helps adjust strategies based on evolving customer needs and dynamic market conditions. In addition, it streamlines business operations in areas such as pricing, logistics, promotions, and merchandising, contributing to greater success and profitability.
Results
The technology-driven solution empowered merchandisers and retailers to simplify e-commerce and enhance operational efficiency. By providing real-time insights into pricing, promotions, and competitor strategies, it enabled businesses to make more informed decisions, optimize their operations, and improve profitability.
PROJECT INFO
Location
Canada
Team Size
7 engineers
Team Location
Ukraine
Technologies
Python, Django, JavaScript
Database
Oracle
Web Server
Nginx
DevOps
Jira
Other technologies
Oracle ATG Web Commerce, OwnerIQ, Marketing Consulting, Oracle Service Cloud
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Gary
Managing Director at a UK Software Development company
Crunch impressed me with is the quality of developers. It is simply much better than in any other company we’ve tried working with.
Klaus
CEO at YouWe
We are impressed with their performance, how they are engaged with product development, and how they care about the product.
Sebastian
Co-Founder & CTO at Accountflow
It’s been a very enjoyable experience. All has been fantastic about communicating, and working.
Marta
Consultant at GIA Networks
Our partnership with Crunch has been an invaluable resource as we’ve scaled.
Ryan
CTO at WorkDove
What I found in Crunch was the technical competency, ability to think outside the box, and very good English.
Garrett
COO at Tabulate
They have a large impact on the whole architecture we ended up with. Overall, I’ve been pleased and impressed with everything Crunch did for us.
Kenneth
CTO at Zuar
Working with Crunch was easy. They were patient with us as we worked through the contract questions and patient again as we were getting our billing set up. The design work was elegant and the developer delivered the app we had contracted for on time and good quality.
Scott
VP of Software Engineering at Analytic Index
The team at Crunch was very nice to work with. They worked diligently and were very professional. When questions or technical problems arose, they answered them quickly and were always ready and kind about helping us.
Miia
Business Management at Conmark Systems
Crunch developer helped us deliver an important feature for our project much faster than expected.
Rosario
VP of Engineering at Profitap
Crunch facilitated a seamless, collaborative effort throughout the project. The team maintained open lines of communication, kept detailed records of task assignments, and adhered to project timelines. Their expertise regarding both design and development sets the company apart.
Sisun
CEO at Chintech
Crunch provides ongoing development support that meets project requirements as needed. Despite their offshore location, they are easy to work with and accessible through communication channels
Bob
CTO at Timegen
The best vendor we could possibly find. Crunch blends practical development with innovative design principals. Internal and external feedback to app development has been positive. They complete project milestones by the planned schedule and deliver within budget. The team’s responsive and willing to engage in productive dialogue.
Jeff
CEO at USA Software Company
Crunch exceeded my expectations. I appreciated the developers’ resourcefulness in the face of constraints and complex requirements. The company able to deliver and complete the project successfully.
Kate
Product manager at Mezonin
The project has gone smoothly so far. Crunch has an exceptional work ethic. Consequentially, they’ve been able to tackle every challenge that comes their way. They manage day-to-day work on their own well but also communicate with us regularly to make sure we’re on the same page.
Andrew
CMO at Qinetics
The app Crunch worked on is clean, streamlined, and functions as intended. Crunch goes above and beyond to ensure that both teams are in tune. The passionate team crafts an enjoyable experience through their positive demeanor and effective project management skills. The team was very friendly, and working with them was a pleasure.
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