Drive Sales and Boost Profitability with Smarter Promotions Management Software
Select the right products, plan profitable campaigns, and manage all your retail promotions effortlessly from one centralized platform.
Promotions management that matters
Effective promotions management software is crucial for attracting customers, increasing sales, and managing inventory without compromising profit margins. By leveraging data-driven promotions insights, you can design and execute promotional campaigns that not only boost revenue but also align with your overall business strategy. Pricen’s Promotions module ensures that every promotion is strategically planned, profitable, and seamlessly managed from start to finish.
Analyse the impact of your promotions before setting them.
Test your discount percentages and promotional prices before they go live. Select products, compare various discount rates and durations, and see the expected impact on profit and sales volume. With 95% forecasting accuracy, you can confidently make informed decisions before hitting “go”.
Right products, right results
Identify which items are best suited for discounts or special offers using our retail promotions software. By analyzing sales data, market trends, and customer preferences, ensure that each promotion targets products that will drive maximum impact and profitability.
Forecast with accuracy
Forecast the financial outcomes of your promotional campaigns before launching them. Utilize Pricen’s advanced analytics to determine the optimal discount rates and durations, balancing increased sales volume with maintained profit margins. Our promotions planning tools help you make data-backed decisions that align with your business objectives.
From planning to launch
Streamline your promotional workflow with end-to-end management tools. From initial concept and approval to execution and performance tracking. Pricen’s promotions management software simplifies every step, reducing manual effort and minimizing errors.
How does it work?
The Promotions module integrates seamlessly with your existing systems to provide a unified platform for managing all your campaigns. Here’s how it works:
Select products and define parameters:
Choose the products you want to promote and set the parameters for each campaign, including discount rates, durations, and targeted areas.AI-driven analysis and planning:
Use Pricen’s AI-driven promotions tools to analyze the potential profitability of each promotion. The system forecasts the impact on sales volume and profit margins, allowing you to refine your strategies before going live.Execute and monitor campaigns:
Launch your promotions directly from the platform and track their performance in real-time. Adjust strategies on the fly based on live data and insights to maximize results.
Pricen has definitely made it easier for our merchandisers to perform their daily activities. Pricen’s product has increased our gross profit by about 10%, and our net profit by just about 10% as well which is really powerful as it has almost doubled our net profits.”
Justin Zarab,i Director New Business Development, FAM LLC
Category managers
Highlight key products through strategic discounts, boosting category sales and enhancing overall performance.
Marketing department
Combine optimal discounts with your first party data and draft effective communication plans.
Supply chain teams
Clear out slow-moving inventory and avoid expensive overstocks by managing promotions effectively.
Pricing teams
Design and execute data-driven promotional campaigns, reduce guesswork, and hit ROI targets.
Who benefits from promotion optimization?
Why choose Pricen
Powerful forecasting simulator
Pricen’s simulator lets you run detailed pricing scenarios, ensuring your promotions are optimized for maximum impact with 95% forecasting accuracy.
Few click setup
What you see is what you can launch. Publish your promotion campaigns straight from the simulator.
Plan, build, repeat
Easily schedule and build recurring campaigns, and manage them with simple tools that save you time and effort.
Ensure promotional compliance
Make sure to adhere to the Omnibus Directive and promotional compliance rules. Our compliance monitoring module makes sure you always set compliant prices. We also offer compliance apps for Shopify and BigCommerce stores.
Your questions answered
Common questions
What is promotional pricing?
Promotional pricing involves reducing the prices of your products. Often such promotions use psychological pricing tactics, especially when comparing the price to the previous or the recommended retail price to create a higher value through showing price differences.
How quickly can I see results from using the Promotions module?
Many retailers experience increased sales and improved margins within the first few months of implementing Pricen’s Promotions module.
Can I run multiple promotions simultaneously?
Yes, our platform allows you to manage and monitor multiple promotional campaigns at the same time, ensuring efficient execution and tracking.
Is the Promotions module compatible with our existing systems?
Absolutely. Pricen’s Promotions module seamlessly integrates with your current ERP, POS, and inventory management systems for a unified experience.
Our partners
Explore our other solutions
Not in an industry with much discounting? What about your profitability? Check out our price optimization module.
