Reactev Is Born: a Next-generation Dynamic Pricing Tool
The digital market is taking competitiveness to new heights. There are greater demands when it comes to decision making and, above all, the speed at which these decisions need to be made. Without a doubt, it’s in pricing strategies that this competitiveness is most palpable. In this context, Reactev was born, the tool that helps retailers make the best pricing decisions at just the right time.
This software was developed by Minderest a pioneering company in price, product, and stock monitoring, which has been developing pricing projects for some of the world’s largest companies since 2012.
Reactev is a tool created by and for retailers that doesn’t only aim to help them with their processes and decisions, but to also change the way they design their pricing strategies. In a highly competitive environment where, in just seconds, the wrong pricing decision can mean a big loss in sales while the correct decision can strike a blow against the competitions, Reactev equips retailers with its innovative price optimisation technology with which they can maximise their sales volume and profit margins.
Unlike other solutions on the market, Reactev goes much further. It’s the first tool to be based entirely on artificial intelligence, designed for retail, and boast the most sophisticated price positioning algorithms on the market. This combination, when added to its handling of big data, allows it to project future positioning in sales, margins, and inventory, allowing it to anticipate the evolution of a strategy before it’s even been implemented. This is definitely an invaluable competitive advantage.
Reactev has come to change the pricing paradigm and spearhead a new generation of tools with a clear objective: to turn its clients into market leaders.
To learn more: https://www.reactev.com
Reactev is a dynamic pricing platform designed with state-of-the-art technology. Born out of Minderest, which has been a leading European company in price and stock intelligence for retailers and manufacturers since 2012. Reactev works with retailers to turn them into market leaders by combining AI with the most sophisticated price positioning algorithms on the market, which even allow it to make predictions for the future.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
TOPCON-HEALTHCARE23.10.2020 07:02:03 CEST | Press release
MYAH Wins Prestigious Silmo D’Or Award
ABB23.10.2020 06:48:03 CEST | Press release
ABB: Q3 2020 Results
NY-IFF22.10.2020 22:17:06 CEST | Press release
IFF Opens New Dubai Taste Creative Center
GLOBAL-AI-SUMMIT22.10.2020 21:13:13 CEST | Press release
Saudi Arabia and International Telecommunication Union Announce MoU to Support AI for Sustainable Development Efforts
AEROGEN22.10.2020 19:59:11 CEST | Press release
Aerogen Collaborates on Development of More Than 15 Potential COVID-19 Inhaled Therapies
YIWU-FAIR22.10.2020 16:27:06 CEST | Press release
Five Highlights at the 26 th Yiwu Fair to Attract 50,000 Global Merchants
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom