NEW YORK--(BUSINESS WIRE)--Retail Intelligence leader, Upstream Commerce, today unveiled their new Advanced Trending solution, which enables retailers to uncover trends that control their critical business metrics, visualize, track and analyze the outcome of pricing automation, and harmonize interactions between automation and merchant decision making.
Reporting options of the Advanced Trending solution include combining market data with key business metrics, to uncover underlying trends and leverage these insights for optimizing business results. “Retailers can now get instant answers to questions such as: ‘How does my sales volume behave when my price changes are not aligned with market price movements?’ or ‘Which metrics influenced the effectiveness of my promotion?’” says Upstream Commerce co-founder and CEO, Amos Peleg.
The great news, Peleg notes, is that “Our Advanced Trending solution fully integrates with our existing automated pricing solutions -- Dynamic Pricer™ and Predictive Pricer™,” adding “Category managers can now easily test the outcome of the rules they apply for pricing optimization to align execution with the organization’s pricing and merchandising strategies.”
Global retail intelligence leader Upstream Commerce offers SaaS-based intelligence and analytics solutions that transform the way retailers price, select merchandise, and manage products in order to maximize sales and optimize margins.
The Upstream Commerce Suite of Solutions empowers retailers to base all shopper-centric decisions on real-time market data. The Company's highly configurable, flexible, and user-friendly platform enables retailers to effectively manage their pricing strategy through accurately tracking and comparing product pricing, availability and promotions using price intelligence; optimizing pricing using dynamic pricing and predictive analytics; optimizing product selection using Assortment Intelligence; monitoring MAP; making relationships with suppliers better informed, and now, with Advanced Trending, bridging the gap between merchants and automation by providing visual causality insights.
To find out how Upstream Commerce delivers results to the largest and most innovative retailers in the world including Staples, ToysRUs, Petco, eBags, Benchmark Brands, top fashion retail entities, and many others, visit www.UpstreamCommerce.com or call 1-800-815-1842.