Price & Promotions Recommendations

Product pricing directly impacts sales and margins, but price optimization is a complex task that must consider a wide variety of factors to get accurate results, which can be difficult for companies to deploy easily. By using Price & Promotions Recommendations solutions on AWS, retailers can use price optimization tools to set prices that account for demand, available inventory, margins, competitive prices, and seasonality. By using these solutions, retailers can discover the best initial price, promotions, and markdowns so that they can better sell their inventory and maximize margins.