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Regular Price Elasticity Module

Churchill Systems Inc.

Regular Price Elasticity Module

Churchill Systems Inc.

Set the Right Price For Each Item. RPE software measures the impact of pricing on consumer demand.

Churchill's Regular Price Elasticity software uses AI Machine Learning technology to measure the impacts on demand of different regular price changes.  It addresses several key questions that are often asked when determining the regular price of an item:

  1. How will a change in regular price effect my goals in revenue, margin, and inventory movement (units)?
  2. What is the optimal price for the item in order to maximize demand and meet my goals?
  3. Do my pricing decisions adhere to my company's pricing rules and cadence?

Churchill has enhanced many different pricing applications throughout the retail landscape and has partnered with several price planning applications over the years.  Whether you are looking for a detailed analysis of your current pricing or you need to improve the quality of your pricing application, Churchill Systems can provide cutting-edge AI technology to maximize your goals.

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https://store-images.s-microsoft.com/image/apps.60999.24476d19-c8ec-4b07-970b-fe607dc02f28.71ce13e3-0a9d-4d3a-9680-a0ce4af7eabf.1b32036b-c955-46ce-8093-fd5242ec97b4
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https://store-images.s-microsoft.com/image/apps.31439.24476d19-c8ec-4b07-970b-fe607dc02f28.71ce13e3-0a9d-4d3a-9680-a0ce4af7eabf.176b6e84-95d8-4254-9d65-718c43d469b8