Maximize Profits and Clear Inventory with Smart Markdown Pricing

Automate product selection, leverage AI-driven processes, set achievable goals, and manage batch-level markdowns effortlessly - all from one centralized platform.

Use the power of AI to clear outdated or stagnant stock

Effective markdown pricing software is essential for retailers aiming to boost sales, clear excess inventory, and maintain healthy profit margins. By automating the selection of products for markdowns and utilizing AI-driven processes, retailers can implement strategic price reductions that align with market demand and business objectives. Pricen’s Markdowns module ensures that every markdown is profitable, targeted, and seamlessly managed, reducing manual effort and enhancing overall operational efficiency.

Automatically select products for markdowns

Identify which products are either best suited or in need for markdowns using Pricen’s intelligent filtering. Our markdown management software analyzes sales data, inventory levels, and market trends to automatically choose products that will drive sales and reduce excess stock effectively.

AI-driven markdown process

Pricen’s AI-driven markdown strategy ensures that price reductions are calculated to maximize profitability while maintaining competitive positioning. Let data-driven insights guide your markdown decisions, eliminating guesswork and enhancing precision.

Set easy goals and run profitable markdowns

Define clear, achievable goals for your markdown campaigns. Set targets for sales volume, profit margins, and inventory turnover. Run profitable markdowns confidently, knowing that each campaign is aligned with your strategic business objectives.

Create batch-level markdowns

Manage markdowns at both individual product and batch levels with ease. Whether you’re handling a single store or a large retail chain, Pricen’s markdown optimization tool enables you to apply consistent pricing strategies across multiple products and store segments, ensuring uniformity and efficiency in your markdown processes.

“We have secured significantly more sales and profit.

“The results with Pricen have been fantastic. We have secured significantly more sales and profit. I am super happy with Pricen as a SaaS service.”

Tomi Kottonen, Founder, Hyvinvoinnin Tavaratalo

How does it work?

Pricen’s Markdowns module integrates seamlessly with your existing retail systems, providing a unified platform for managing all your markdown activities. Here’s how it works:

Select products and define parameters:
Choose the products you want to mark down and set parameters such as discount rate levels, discount baskets, durations, and target inventory levels.
AI-Driven analysis and implementation:
Utilize our AI-powered markdown tool to run automatic strategies that maximize the impact of each markdown. The system forecasts sales volume and profit margins, making sure that price changes during markdown campaign optimize the end results.
Execute and monitor campaigns:
Launch your markdowns directly from the platform and track their performance in real-time. Adjust strategies on the fly based on live data and insights.

Inventory management

Efficiently clear excess stock and optimize inventory levels with automated markdowns.

Marketing teams

Align promotions with inventory needs to drive targeted sales and maximize ROI.

Category management

Highlight key products through strategic markdowns, boosting category sales and enhancing overall performance.

Pricing teams

Implement effective markdown strategies that enhance sales performance and profitability.

Who benefits from the markdown module?

Why choose Pricen

Pricen’s Markdowns module stands out with its seamless integration, AI-driven insights, and user-friendly interface. Our comprehensive solution not only helps you manage and optimize markdowns but also integrates with other modules like dynamic pricing, store role management, assortment planning, and price optimization to provide an all-encompassing pricing strategy. With dedicated support and continuous innovation, Pricen ensures that your markdown efforts are always aligned with your business goals and market dynamics.

"Set and forget"

Give an end date for the markdown campaign, and our system takes care of the rest.

Fully AI-driven

Sit back and enjoy. Let our machine learning take care of your markdown campaign.

Self adjusting

Pricen AI adjusts your markdown price optimization during the campaign based on actual purchases and market demand.

Your questions answered

Common questions

How quickly can I see results from using the Markdowns module?

Many retailers experience increased sales and improved inventory turnover within the first few months of implementing Pricen’s Markdown Pricing software.

Can I customize markdown strategies for different store segments?

Absolutely. Our platform allows you to tailor markdown strategies based on store segments, regions, and pricing zones to ensure maximum effectiveness.