The Dataiku Solution for Markdown Optimization in retail gives analysts and buyers alike dynamic pricing and promotion capabilities. Easily improve margins, increase revenue, optimize inventory management, and more with machine learning.
Want to understand how forecasted demand should impact your markdown strategy? The Dataiku Solution for Markdown Optimization turns demand forecast models into actionable insights.
Understand optimal pricing in the context of customer demand, making real-time and product-specific adjustments as needed to optimize discount strategies.
Say goodbye to erroneous assumptions from fragmented data analytics and short-sighted timeframes. Say hello to a markdown optimization solution that gives a holistic view of discount and markdown decisions.
With the Dataiku Solution for Markdown Optimization, business teams can quickly scale activities across product portfolios. All this with full capacity to tailor strategies to local markets, specific stores, or precise objectives. Find the optimal discounted price that generates maximum value and profit — fast.
Understand price elasticity and pinpoint diminishing returns with the Dataiku Solution for Markdown Optimization. The built-in web application’s visual interface illustrates how certain products are more sensitive to price changing than others. Achieve a better understanding of whether lowering prices will help achieve business objectives.
Use the Dataiku Solution for Markdown Optimization to run and evaluate multiple discount scenarios across your product portfolio. Seamlessly compare and optimize for volume, gross margin, revenue, and profit uplift. From there, make strategic adjustments to inventory forecasts with visibility into how markdown scenarios impact sell-through rate. And once your have the optimal results, simply save and integrate back into your management systems.
The Dataiku Solution for Markdown Optimization helps people across the business answer strategic questions. Everyone (from pricing analysts to category managers) can confidently field inquiries like:
Go from zero to smarter pricing and discounting in minutes, not weeks or months.
Dataiku Solutions enable you to quickly get up and running with machine learning and AI use cases. With table stakes use cases out of the way, data scientists and teams can focus on more advanced data projects.
