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Technology and Confidence

Dr. Stephan Liozu reflects on the benefits of price intelligence solutions for retailers and names 360pi as the top contender in the industry.

Having the right technology in place allows brick-and-mortar retailers to compete effectively with their online rivals with respect to pricing and promotions. Deployment of the best-in-class price intelligence solution available gives Best Buy the confidence to propose innovative and aggressive pricing strategies. The price intelligence speed and accuracy delivered by 360pi to their retail clients allows them to be proactive in their pricing – online and in-store –to deliver the right price to convert shoppers to buyers. Not all price intelligence solutions are created equal. 360pi offers the highest accuracy level in the industry at 98%. Only with this type of performance can you have the confidence to offer your customers price guarantees. Best Buy is making a strong comeback. Slowly but surely they have embraced and deployed technologies that allow them to compete head on with the online giants. How confident are you with your  competitive pricing data? Can you stand behind it with certainty? Call 360pi and talk to the experts!

About the Author
Stephan Liozu is the Founder of Value Innoruption Advisors and specializes in disruptive approaches in innovation, pricing and value management. He also has a Ph.D. in Management from Case Western Reserve University and can be reached at sliozu@case.edu.