Engage3, powered by Dexi, is a provider of AI-driven pricing solutions designed to help retailers and brands optimize their pricing strategies, enhance their Price Image, and drive profitable revenue growth. By leveraging advanced data science, machine learning, and comprehensive competitive intelligence, Engage3 enables businesses to monitor and adjust their pricing across both in-store and online channels, ensuring they remain competitive in a dynamic market landscape.
Key Features and Functionality:
- Competitive Intelligence Management : Offers full visibility into competitors' pricing activities through proprietary algorithms and extensive pricing datasets, allowing businesses to make informed pricing decisions.
- Price Image Management : Utilizes cutting-edge models to optimize prices, improve Price Image, drive customer trips, and increase gross profit, all within an intuitive and user-friendly system.
- Omnichannel Intelligence Module: Combines omnichannel data, machine learning-powered item linking, and comprehensive competitive intelligence reporting to help brands monitor and improve performance across both in-store and digital shelves.
Primary Value and Solutions Provided:
Engage3 addresses the critical challenge of maintaining competitive and profitable pricing in a rapidly evolving retail environment. By providing a comprehensive view of competitive pricing and optimizing Price Image, Engage3 empowers retailers and brands to:
- Profitably Grow Revenue: Implement data-driven pricing strategies that enhance profitability.
- Drive Store Trips: Attract more customers by maintaining a favorable Price Image.
- Increase Margins: Optimize pricing to improve profit margins without sacrificing competitiveness.
With a proven track record of supporting over 300 customers in 182 countries, including 8 of the world's top 10 retailers, Engage3's solutions are instrumental in helping businesses navigate the complexities of modern retail pricing.