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The holiday season is the ultimate stress test for retailers. In the midst of this retail frenzy, competitive data becomes the secret weapon that separates winners from the rest of the pack. Engage3 is at the forefront of helping retailers and brands thrive in this high-pressure environment.
Competitiveintelligence and analysis gives brands an edge. In this article, we will go over how competitive analysis helps businesses, focusing on these points: How your brand, and others, are perceived and why it matters. Winning the social media game. Winning with Social Media Intelligence & Planning.
In todays competitiveretail landscape, the digital shelf has become a critical battleground. With consumers increasingly shopping online, brands and retailers must ensure their products are discoverable, competitively priced, and compellingly presented across digital platforms. Retailer e-commerce platforms.
In the evolving retail industry, success hinges on making data-driven decisions at the right time. Unlike traditional pricing strategies, AI Pricing focuses on leveraging cutting-edge machine learning (ML) and competitiveintelligence to create smarter, more efficient pricing decisions that balance profitability and customer satisfaction.
In a recent Data-Driven Dining Trends 2025 webinar hosted by Placer.ai, new data highlighted shifts in consumer behavior within the food retail sector. Here’s a breakdown of the main trends discussed and how Engage3 is helping clients stay competitive through Price Image optimization and data insights.
Competitiveintelligence feels like it should be intuitive, as every brand understands its own category and competitors, right? And this leads to sloppy competitiveintelligence that can do more harm than good. What is CompetitiveIntelligence? First, what is competitiveintelligence ?
As the 2025 holiday season approaches, retailers face mounting pressure to balance profitability with consumer expectations. Price optimization, a critical tool in modern retail, empowers businesses to navigate this challenge by dynamically aligning prices with market demands, competitor activity, and customer behavior.
Scott boasts 20+ years of experience working with large retailers across a number of well-known retailers in the US. You’ve led merchandising operations, analytics, and pricing across many different retailers. We have a depth of data that doesn’t exist in specialty retail due to our loyalty platform. SM: Yeah, completely.
In such fierce times, the power of Product Intelligence can drastically increase your product popularity or bring your customer to you. What is Product Intelligence? In this product-led era, companies with the best product experience win. Product Intelligence is a lot more than aggregating product data for sales.
Over 350 customers including 7 of the world’s top 10 retailers rely on Engage3’s Price Image Management (PIM) suite for strategic competitive pricing insights. About Engage3 Powered by Dexi Price optimization pioneers Ken and Tim Ouimet created Engage3 to revolutionize how brands and retailers engage with their shoppers.
Product linking is the backbone of a good competitiveintelligence program. Product linking allows a retailer to link their product catalogue to equivalent items at their competitors to give them item level pricing visibility. Many retailers and delivery services like Instacart however don’t post UPCs.
2021 has been a crazy year in the world of Retail pricing. Engage3 now supports 5 of the 10 largest retailers in the world, 6 of the 10 largest retailers in North America and 4 of the top 5 Convenience stores. We helped retailers like Vitacost, a Kroger e-commerce division, improve their Price Image by +1.8%, grow sales by 6.2%
8 of the Top 10 Convenience Retailers Trust Engage3 to Fuel their Pricing Strategy. Real-time localized competitiveintelligence data and Price Image Optimization Engine help Convenience Retailers drive incremental trips, accelerate revenue growth and maximize margin. Featured Client. Our Clients Say it Best.
The expanded partnership adds Engage3’s Price Image Management capabilities to a successful omnichannel competitiveintelligence program. About Engage3 Powered by Dexi Price optimization pioneers Ken and Tim Ouimet created Engage3 to revolutionize how brands and retailers engage with their shoppers.
Engage3, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today announced it has been named as a leader in the Price Optimization & Management category in Retail CIO Radar 2022. Engage3 Recognized in Retail CIO Radar 2022.
Knowing how to get competitor pricing is essential for the competitiveintelligence of any business. Accurate and up-to-date pricing information on competitors can significantly impact profitability and competitiveness, providing valuable insights for creating a comprehensive competitor report.
As a loss leader for many retailers and often priced at a hyperlocal or store level, eggs play an important role in pricing strategy. What can you do as a retail pricing leader to win more trips and increase purchases?
Building on our 2021 momentum we are excited to announce that Engage3 is now helping 6 of the top 10 retailers in the world to track and optimize their Price Image. Engage3 provides retailers with the industry’s most complete and comprehensive real-time competitiveintelligence data to ensure their prices are inline with the market.
In today’s volatile economy, with consumer spending decreasing, retailers and brands need actionable insights into their holistic ad performance across marketplaces like Google, Amazon, Walmart, etc. Table of Contents: Show Hide What is Ad Intelligence? Why do brands and retailers need Ad Intelligence?
retail pharmacies. Forces Playing Out in the New Omni-Channel Retail Pharmacy Market. New Retail Pharmacy Clinic Strategies. Taken together, these are radical departures from the traditional retail pharmacy model. It is far from clear who will win.
While inflation remains in focus for FMCG retailers we have 3 tips to beat inflation. Retailers Focused on Inflation. Looking at key retailers in Fast Moving Consumer Goods we see that inflation remains an even hotter topic. The post Inflation: Still the Buzzword in Retailers’ Earnings Calls appeared first on Engage3.
Engage3, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today announced that 9 of the top 10 Convenience retailers are now leveraging its Price Image Management platform. Real-Time Localized Competitive Pricing Insights.
To survive in today’s fast-moving and always-evolving market landscape, every business needs competitiveintelligence (CI)—comprehensive knowledge about your competitors and how your company stacks up. CI allows you to track competitor behavior and glean the insights you need to create competitive advantages.
Magazine’s List of Fastest Growing Companies: 7 Years in a Row Retailers Expanding with Engage3’s Price Image Management Suite: Festival Foods Pairs AI-Powered Price Optimization With Omnichannel CompetitiveIntelligence “Pricing remains the most powerful lever on the P&L,” said Edris Bemanian, CEO of Engage3.
Engage3 powered by Dexi, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today announced the company has been selected for the prestigious 2023 Best of Scottsdale Award in the SaaS & Analytics category by the Scottsdale Award Program.
Wes Woolbright , MBA has over a decade of experience in pricing strategies, pricing operations, and revenue management across a variety of retailers, including Walmart (Director, Pricing Operations), Sam’s Club (Director, Pricing), BevMo! Surprisingly, the team without tools often wins in simple calculations. Wes received his M.B.A.
This yearly shopping event has been the epitome of China’s retail market since Alibaba saw its potential more than a decade ago. But that doesn’t mean retailers should focus only on Asian audiences. Understanding consumer behavior is key to winning the 2022 Singles Day. Understanding Consumer Behavior. Top Singles Day Campaigns.
” Powering Audio Retail Media Network Channels with Localized Pricing and Product Insights. With the explosive growth of Retail Media Networks, retailers and brands are increasingly looking for technology that drives an impact, is measurable, and doesn’t cannibalize existing revenue opportunities.
But using competitiveintelligence can help you identify who is doing really well in your sphere, and then pinpoint what they’re doing to bring themselves success. Maybe you’ve been tracking your campaign and you notice that one post in particular is winning more engagement than you originally thought.
In December of 2023, Engage3 also announced that 8 of the top 10 largest retailers in the world now power their pricing through Engage3. In his new role, Courtney-Bennett will oversee the company’s continued global expansion across Retail, Brands, and new strategic verticals such as Health, Finance, and more.
Engage3, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today announced it has been positioned as a “Leader” by industry research firm IDC, in its recent “IDC MarketScape: Worldwide Retail Price Optimization Solutions 2021–2022 Vendor Assessment.”
17, 2023 – This week, Engage3 powered by Dexi, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, was recognized for the 7th year in a row as one of America’s fastest growing companies. . “To make the Inc. Through its journalism, Inc.
Known for its fresh approach to convenience retailing, Loop Neighborhood Market is set to enhance the execution of its fuel pricing strategy through Engage3’s cutting-edge Price Image Management data. Our partnership with Engage3 enables us to harness the power of real-time data and advanced price intelligence to better serve our customers.
We’re pleased to welcome Dierbergs Markets to the ranks of leading retailers who rely on Engage3’s Price Image Management suite. Price optimization pioneers Ken and Tim Ouimet created Engage3 to revolutionize the way brands and retailers engage with shoppers.
Engage3’s Omnichannel Intelligence monitors and improves brand performance Engage3 powered by Dexi, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, today announced the launch of their Omnichannel Intelligence module targeted at brands.
Traditionally, retailers would price their Private Label items 15-20% below the branded equivalent for each respective item. Retailers like Walmart, Amazon, and Kroger are investing in expanded PL assortments and aggressive pricing to win more than their fair share of this expected $216B of growth that is up for grabs.
Engage3, which helps retailers and brands pro?tably ciency, and uptime of Engage3’s competitive price collection, allowing brands and retailers to access additional data points and expand product linking. Start Winning. Brands and retailers will be amazed at the reliability, accuracy, and diversity of insights Engage3.
Store in trips decline Consumers are cutting back on trips across channels, with Mass retailers being the only channel experiencing an increase in YoY trip frequency. Price increases by a Big 3 retailer, however, are outweighing the price decreases early in the year.
Magazine’s List of Fastest Growing Companies: 7 Years in a Row Retailers Expanding with Engage3’s Price Image Management Suite: Festival Foods Pairs AI-Powered Price Optimization With Omnichannel CompetitiveIntelligence “It has been a pleasure to be a part of Engage3’s evolution. Leading Retailers Renew: Heinen’s, BevMo!
” About Engage3 Powered by Dexi Price optimization pioneers Ken and Tim Ouimet created Engage3 to revolutionize how brands and retailers engage with their shoppers. Engage3 serves over 300 customers in 182 countries, including 7 of the world’s top 10 retailers, and supports over $4 trillion in global retail revenue.
Track Product Pricing at Cannabis Upstarts Cannabis Industry: Track Average Online Prices Over Time View and compare thousands of retailers’ pricing trends. Use retailer-listed products and discount prices to derive trends in companies’ pricing strategies. since February 2020. in the last 2 years.
The world of retail pricing is never easy, especially with the recent Price Inflation. Not to mention the ever-evolving competitive threats. With Price Inflation running 7-8% year over year and prices rising 146 basis points in the last month retailers find themselves asking, “What’s the right price?”.
Many retailers have historically relied on promotions (high-low) or Perishables quality to drive store traffic. With the continued Perishables cost pressure and the decline in promotion support it is now more critical than ever that retailers understand their Price Image Drivers and competitive price position.
Telecom and Retail leading major enterprise initiatives, developing and executing strategies to achieve strong financial results for fortune 500 clients across the globe. Tell me about some of your most challenging experiences working in retail. Prior to Walmart Inc., A philanthropist at heart, she also represented Walmart Inc.,
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