openPR Logo
Press release

Why Unified Price, Promotion and Markdown Market is Projected to Witness a Staggering Growth During 2017 - 2025?

02-12-2018 12:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Why Unified Price, Promotion and Markdown Market is Projected

Unified Price, Promotion and Markdown market Optimization Overview

Intense competition is the norm and not the exception in the retail industry today. Consumerism has dramatically changed the face of retail and it has made it difficult for retailers to extract maximum margins while retaining customer loyalty in an increasingly cut-price environment. Legacy pricing is incapable of supporting frequent price changes across thousands of retail stores, multi-channel synchronisation, personal offers, selection of a single promotion out of a fixed list, or many other creative ideas. Consumers are forcing retailers to make retail pricing a highly sophisticated, algorithmically and scientifically driven business strategy in place of the simple calculation it was in the past. Interest in the Unified Price, Promotion and Markdown Optimization market is growing across the world as competition becomes more cut-throat and retailers merge, consolidate or acquire smaller firms.

Request Report for TOC @ https://www.persistencemarketresearch.com/toc/19816

Initially, pricing optimisation was the exclusive domain of Tier 1 large retailers, but now the solutions are deployed in Tier 2 and Tier 3 retailers along with small or mid-size business in segments as diverse as grocery, electronics or wholesale. The Unified Price, Promotion and Markdown Optimization market have allowed cross-centric, mobile-first customers to up the competitive ante, forced retailers to refine their formats, products, and pricing strategies to just maintain relevancy in the market, let alone differentiation.

Unified Price, Promotion and Markdown Optimization market Drivers

Some of the main drivers of the Unified Price, Promotion and Markdown Optimization market are –

Diverse channels – Retailers must offer their products and services in a way that transcends individual channels and is relevant to customers. The vast majority of retailers believe that the customer shopping experience should be consolidated across different channels – including the most recent addition, the smartphone. However, less than a third were satisfied with their current situation.
Customer centricity – Customer centricity is more than local selections and is about understanding the business aspect of how and why customers interact with the organisation. Thus, gaining a sound understanding of the Unified Price, Promotion and Markdown Optimization market is critical to understand consumer interaction and response.

Product proliferation – Carrying the right product in the right store and the right location is vital. Its common knowledge that more than 90% of all new consumer product launches end in failure. This harsh reality requires proper strategy and planning agility which is achieved through accurate store clustering and localisation efforts to target offers and assortments in a way that is customer-centric.
Analytics optimization – To build and hold market position, retailers have to take advantage of analytics and optimisation. They must use analytics fully to optimise size, allocation, assortment and price planning. This exploitation is critical to gain accurate insight into the relationship between customers and products.

Request to Sample of Report- https://www.persistencemarketresearch.com/samples/19816

Unified Price, Promotion and Markdown Optimization market Vendors

Some of the Unified Price, Promotion and Markdown Optimization market Vendors are 360pi, Aptaris, Boomerang Commerce, Clear Demand, IBM, First Insight, Inc, Predictix, Revionics, SAP, SAS, Ugam, Upstream Commerce, Oracle, NTT Data, JDA, and Dunnhumby Price and Promotion (Formerly KSS Retail).

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web:https://www.persistencemarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Why Unified Price, Promotion and Markdown Market is Projected to Witness a Staggering Growth During 2017 - 2025? here

News-ID: 940052 • Views:

More Releases from Persistence Market Research

Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by Rising Demand for Reliable Power Supply
Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by …
Market Overview The global power quality equipment market is witnessing significant growth as industries, utilities, and commercial sectors increasingly emphasize uninterrupted and reliable electricity supply. According to Persistence Market Research's projections, the market size is expected to be valued at US$35.8 billion in 2025 and is projected to reach US$54.2 billion by 2032, expanding at a CAGR of 6.1% during the forecast period. This growth is fueled by rapid industrialization, rising
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Expanding Industrial Applications and Demand for High-Performance Bonding Solutions
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Exp …
Market Overview The global anaerobic adhesives market is experiencing steady growth as industries increasingly adopt advanced bonding solutions that enhance durability, reliability, and performance. According to Persistence Market Research's projections, the market is estimated to rise from US$613.9 million in 2024 to US$894.5 million by 2031, expanding at a CAGR of 5.5% during the forecast period. This growth is fueled by the rising demand from sectors such as automotive, aerospace, electronics,
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand for Functional and Durable Fabrics
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand f …
Market Overview The global textile coatings market is witnessing steady growth, driven by the rising demand for functional, durable, and performance-enhancing fabrics across industries such as automotive, construction, healthcare, and fashion. According to Persistence Market Research's projections, the market is estimated to increase from US$4.8 billion in 2024 to US$6.8 billion by 2031, expanding at a CAGR of 5.0% during the forecast period. This growth is underpinned by the increasing adoption
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Efficient Lighting Demand
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Eff …
The global architectural LED products market is poised for substantial expansion over the next decade. Valued at approximately USD 12.5 billion in 2025, the market is projected to reach USD 23.6 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.4% during the forecast period from 2025 to 2032. This growth trajectory underscores the increasing adoption of LED technologies across residential, commercial, and industrial sectors, driven by

All 5 Releases


More Releases for Price

HOTEL PRICE KILLER - BEAT YOUR BEST PRICE!
Noble Travels Launches 'Hotel Price Killer' to Beat OTA Hotel Prices New Delhi, India & Atlanta, USA - August 11, 2025 - Noble Travels, a trusted name in the travel industry for over 30 years, has launched a bold new service called Hotel Price Killer, promising to beat the best hotel prices offered by major online travel agencies (OTAs) and websites. With offices in India and USA, Noble Travels proudly serves an
Toluene Price Chart, Index, Price Trend and Forecast
Toluene TDI Grade Price Trend Analysis - EX-Kandla (India) The pricing trend for Toluene Diisocyanate (TDI) grade at EX-Kandla in India reveals notable fluctuations over the past year, influenced by global supply-demand dynamics and domestic economic conditions. From October to December 2023, the average price of TDI declined from ₹93/KG in October to ₹80/KG in December. This downward trend continued into 2024, with October witnessing a significant drop to ₹73/KG, a
Glutaraldehyde Price Trend, Price Chart 2025 and Forecast
North America Glutaraldehyde Prices Movement Q1: Glutaraldehyde Prices in USA: Glutaraldehyde prices in the USA dropped to 1826 USD/MT in March 2025, driven by oversupply and weak demand across manufacturing and healthcare. The price trend remained negative as inventories rose and procurement slowed sharply in February. The price index captured this decline, while the price chart reflected persistent downward pressure throughout the quarter. Get the Real-Time Prices Analysis: https://www.imarcgroup.com/glutaraldehyde-pricing-report/requestsample Note: The analysis can
Butane Price Trend 2025, Update Price Index and Real Time Price Analysis
MEA Butane Prices Movement Q1 2025: Butane Prices in Saudi Arabia: In the first quarter of 2025, butane prices in Saudi Arabia reached 655 USD/MT in March. The pricing remained stable due to consistent domestic production and strong export activities. The country's refining capacity and access to natural gas feedstock supported price control, even as global energy markets saw fluctuations driven by seasonal demand and geopolitical developments impacting the Middle East. Get the
Dolomite Price Chart, Index, Price Trend and Forecast
North America Dolomite Prices Movement: Dolomite Prices in United States: In the last quarter, dolomite prices rose continuously in the United States, reaching 284 USD/MT in December. The increase was affected by constant demand from construction and steel sectors in association with high transport and energy costs. Additionally, logistic challenges and seasonal weather variations contributed to interruption in minor supply, leading to a strong pricing. Get the Real-Time Prices Analysis: https://www.imarcgroup.com/dolomite-pricing-report/requestsample Note: The analysis
Tungsten Price Trend, Chart, Price Fluctuations and Forecast
North America Tungsten Prices Movement: Tungsten Prices in USA: In the last quarter, tungsten prices in the United States reached 86,200 USD/MT in December. The price increase was influenced by high demand from the aerospace and electronics industries. Factors such as production costs and raw material availability, alongside market fluctuations, also contributed to the pricing trend. Get the Real-Time Prices Analysis: https://www.imarcgroup.com/tungsten-pricing-report/requestsample Note: The analysis can be tailored to align with the customer's specific