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Engage3 Helps Retailers Optimize Pricing Across all Channels

Engage3 aims to help retailers grow revenue and drive store trips by tracking and optimizing their price image through the Omnichannel Intelligence module, part of the Price Image Management suite. The Engage3 Omnichannel Intelligence module was created to combine omnichannel data, machine learning-powered item linking, competitive intelligence reporting and price image elasticity models to help brands monitor and improve omnichannel performance.

The solution is designed to monitor both the in-store and digital shelf, track share of search, review location-based analytics, quantify image and ecommerce compliance and measure consumer sentiment. The module was designed to use five complementary data sources and leverage automated digital data capture technology, which can remove data gaps and provide up-to-the-minute visibility into brand execution and category performance both in-store and online.

Engage3’s ML-powered product linking aims to cleanse and harmonize all the collected data, providing brands with contextualized visibility across all their competitors’ offerings. Additionally, the tool’s comprehensive reporting platform can help brands visualize where they are winning and losing on a moment-by-moment basis and instantly react to competitors.

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