DAVIS, CA – Competitive intelligence company Engage3 and price strategy consulting firm Price Revolution, LLC, recently announced the commencement of a new reseller partnership. Together, the two companies hope to leverage improved data capturing and sales planning resources to provide retailers with improved price image, profitability, and ROI of their pricing programs.
“Competitive intelligence should be a part of every retailers’ pricing strategy,” remarked Mark Kelso, Managing Partner at Price Revolution, in a press release. “Retailers who use competitive shopping in their strategic arsenal know that accuracy and timeliness are critical to delivering prices that resonate with their target customers. Engage3 transforms scheduling and executing competitive shopping intelligence from difficult to seamless, delivering accurate and timely information to retailers.”
The partnership will allow Price Revolution to resell, deploy, implement, and support Engage3’s competitive intelligence platforms, including MissionControl. The companies said that MissonControl corrects issues of inconsistency and inaccuracy in the data collection process, improves data collection turnaround time by 40 percent, and improves overall visibility by a factor of ten. Together, Engage3 and Price Revolution aim to provide holistic solutions for retail pricing strategy.
“Price Revolution has a strong track record of leading successful price optimization implementations and of designing and executing retailers’ pricing strategies,” commented Edris Bemanian, COO at Engage3. “Combining their price management expertise and Engage3’s cutting-edge competitive intelligence technology will enable retailers of all sizes to not only gain visibility into their competitors’ pricing and assortment strategies, but to execute actionable insights provided jointly through the partnership.”
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