Pricing Analytics Study for a Renowned Food Retail Client Helps in Understanding the Overall Market Scenario - Quantzig
November 19 2017 - 9:04AM
Business Wire
Quantzig, a global analytics solutions provider, has announced
the completion of their latest pricing analytics study on the
retail industry. The client, a renowned food retail industry
player, wanted to seek ways to predict the fluctuation in the
prices and forecast the future growth prospects. The client wanted
to establish a value-based pricing structure to improve competitive
pricing and their impact on the bottom line. Additionally, the
client wanted to maximize revenues across various brands and
channels.
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Pricing Analytics Helps a Renowned Food
Retail Client Understand the Overall Market Scenario (Graphic:
Business Wire)
According to the price analysis experts at Quantzig, “Today, the
customers are shifting toward a cost-oriented environment to stay
on par with the economic slowdown. Businesses in the food retail
industry are adopting price analysis studies to understand the
pricing patterns of food products.”
Competition in the retail food market has increased in the past
few years. With innovations taking place in the food retail sector,
the consumers are looking more for agility and convenience in their
shopping experience. Major food retail players are utilizing
pricing analytics solutions to forecast the price-change triggers
to maximize profitability accurately.
Request a free demo to see how Quantzig’s solutions
can help you.
The solution offered by Quantzig helped the client to understand
the pricing model and meet expected returns on investments. The
client was able to understand customers’ buying decision and devise
effective strategies to meet the pricing needs. Also, the client
was able to identify the average pricing and understand the impact
of price changes on the profit margins.
This price analysis solution provided
benefits that helped the client to:
- Understand the impact of pricing models
on the customers
- Achieve higher returns on the marketing
investment
- To know more, request a free
proposal
This price analysis solution offered
predictive insights on:
- Understanding the impact of price
variations and its impact on the customers
- Gaining better visibility into the
market pricing regarding the profitability, product portfolios, and
customers
- To know more, request a free
proposal
View the complete price analysis study
here:
https://www.quantzig.com/content/food-retail-price-analysis
About Quantzig
Quantzig is a global analytics and advisory firm with offices in
the US, UK, Canada, China, and India. For more than 12 years, we
have assisted our clients across the globe with end-to-end data
modeling capabilities to leverage analytics for prudent decision
making. Today, our firm consists of 120+ clients, including 45
Fortune 500 companies. For more information on all of Quantzig’s
services and the solutions they have provided to Fortune 500
clients across all industries, please contact us.
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QuantzigAnirban ChoudhuryMarketing ConsultantUS: +1 630 538
7144UK: +44 208 629
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