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Revionics, Inc.

Austin,  TX 
United States
http://nrf.revionics.com/
  • Booth: 3919


Predictive. Prescriptive. Profitable Retailing.

AI PRICING: FROM THEORY TO REALITY. 

VISIT REVIONICS AT BOOTH #3919 

Is AI on your NRF Agenda? AI Pricing has proven itself to be a game-changer for retail, however, many retailers still struggle with figuring out where (and how) to get started. Let Revionics help you get started on your AI price optimization journey. 

Visit Revionics at NRF booth #3919 and learn how we can help you operationalize AI with shopper-centric pricing and promotions that generate enhanced margins and profitability while giving shoppers prices they love on the products they care about most. 

BOOK A MEETING



VIP
 pARTY: cASINO cRUISE ON THE HUDSON

Join Revionics and your retail industry peers for a fun-filled Casino Night on the Hudson. Enjoy cocktails and a networking dinner followed by a Monte Carlo style casino night on the water. End the evening with an up-close view of the Statue of Liberty and take in the beautiful skyline views NYC has to offer.

Space is limited! Reserve your VIP Pass today!
RSVP

Brands: REVIONICS


 Show Specials

  •  MONDAY, JANUARY 14, 2019 | 5:00 PM - 10:00 PM

    Join Revionics and your retail industry peers for a fun-filled Casino Night on the Hudson. Enjoy a full sit down dinner followed by live entertainment, a full bar, and multiple casino games as you mix and mingle with retail’s finest. End the night with an up-close view of the Statue of Liberty and take in the beautiful skyline views NYC has to offer. 

    REQUEST VIP PASS

    This is a complimentary event limited to retailers and brands only.


 Press Releases

  • AUSTIN, TX – (October 24, 2018) – Revionics’ ninth annual retail global summit, Insight 2018, was recently held in Chicago and attracted hundreds of leading retail innovators from around the world. Attendees came to connect and learn from world-renowned retail experts, industry analysts and Revionics’ scientists and technologists. Retailers represented a full range of retail sectors including grocery, general merchandise, convenience stores, drugstores and pharmacies, sporting goods, consumer electronics, automotive, discounter, home improvement and hardware, specialty, apparel and ecommerce.

    During the event, the attendees joined Revionics in celebrating the winners of the Revionics 2018 Elevate Retail Awards: Drogaria Araujo, Reitan Convenience and TBC Corp. The award winners were recognized and celebrated as innovative retailers that are changing the face of retail with their advanced use of Revionics’ solutions and have delivered significant ROI and performance improvements through Revionics’ pricing, promotion and/or markdown optimization.
    The winners’ singular achievements include:

    • Drogaria Araujo, a Brazilian drugstore chain with more than 200 stores and the market leader in the state of Minas Gerais, leverages Revionics Price Optimization, Key Value Item Analysis, Store Zone Clustering and Market Basket Analysis to provide more targeted, relevant pricing for customers while delivering a significant gross margin increase and providing cash flow to fuel store growth.
    • Reitan Convenience, with nearly 500 locations in Norway and revenue of nearly $4 billion in 2017, utilizes Revionics Price Optimization and Store Zone Clustering to implement more localized and competitive pricing, simplify the number of store zones, reduce operating costs and drive increased market share and profitability across all its banners.
    • TBC Corp., one of North America’s largest marketers of automotive replacement tires through worldwide operations spanning wholesale, retail, and franchise, deployed Revionics Price Optimization at its company-owned retail locations to deliver more customer-focused pricing to better service consumers and positively impact the bottom line.

    Revionics is now accepting nominations for 2019 – click here.

    “Insight 2018’s record-breaking attendance underscores the critical need for retailers globally to have a forum where they can exchange innovative ideas and explore and learn from the industry’s best,” said Revionics Chairman and CEO Marc H. Hafner. “With retail technology evolving at an unprecedented pace, we provided an unmatched line-up of content and expert speakers who could talk to retailers’ current pain points, let them know what’s coming in retail and how to be prepared, and share the latest in retail innovations. Most importantly retailers had numerous opportunities to network with their peers and have in-depth exchanges.”

    Keeping with the conference theme, the programming was designed to empower retailers to Innovate, Accelerate and Dominate. The event was keynoted by guest presenters from major retail brands and global analysts including Martin Schumacher, Chief Customer and Commercial Officer of METRO Cash & Carry Russia; Luke Rauch, Senior Director of U.S. Insights at Walgreens; Brendan Witcher, VP and Principal Analyst of Forrester Research; and Deborah Weinswig, CEO and Founder of Coresight Research. Attendees also enjoyed interactive break-out sessions, panel discussions and exciting networking events.

    In keeping with activities at past Insights to benefit charitable causes, Revionics debuted a unique new element at Insight this year called Pay It Forward. The project benefits the People’s Resource Center, which works to respond to hunger and poverty in the Chicago area’s DuPage County. The company organized donations of cash and items including deodorant, hand warmers, hats, gloves, face wash, and more from Revionics retail customers, the Swissotel, and very generous employees. Attendees and Revionics employees assembled the items into bags for distribution, and far exceeded the goal of 200 bags with an exciting 450+ bags donated.

    About Revionics, Inc.

    Revionics is a global SaaS provider of science-based pricing, promotion, space and competitive insight for innovative retailers. 

    Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space. Created by retail experts, Revionics’ cloud-based SaaS solutions deliver amazing year-over-year ROI with an attractive total cost of ownership. 

    Embracing the retail and science in its core DNA, Revionics delivers machine learning solutions that retailers use to translate shopper insights and competitive response into high-impact results. With Revionics, retailers gain leading-edge capabilities, an invested partner and an evolving solution for today’s dynamic retail landscape.

    Predictive. Prescriptive. Profitable Retailing. Expect Nothing Less.

  • Austin, Texas and Düsseldorf, Germany – (August 14, 2018) – Douglas, one of the leading beauty retailers in Europe, has selected Revionics Price Optimization and Promotion Optimization to take its price craftsmanship to the next level. With companies like Sally Beauty, Swanson, and eBags already using the technology, the international pricing tool is leveraging artificial intelligence-based science to provide prices and promotions that ensure enhanced customer engagement. 

    As one of the key operational elements of #FORWARDBEAUTY, Douglas’ new strategy to strengthen and expand its No. 1 market position, the right pricing policy is the basis for its sustainable business success. In recent years, the company had to face a more complex and competitive landscape with both new and existing online and brick-and-mortar competitors, while especially the German market has experienced unprecedented competition. Therefore, Douglas has recently set up a new pricing department to develop a more dynamic pricing approach with a clear focus on customer segments and a leading category strategy.

    Tina Müller, CEO of Douglas, notes, “One of our key targets is to position Douglas as THE consumer centric beauty destination. Aiming at this goal, we are heavily investing in state-of-the-art technologies in order to strengthen our competitive power. With Revionics’ analytics and optimization capabilities, we can craft pricing and promotional offers that are most relevant for shoppers, while also delivering consistent price strategies across all our markets as we continue both organic and acquisition-based business growth.” 

    Douglas is a revered beauty retailer with an exciting track record of success,” says Revionics Chairman and CEO Marc H. Hafner. “We are excited to help them structure for even greater success in the future in a fast-moving and increasingly competitive international market landscape. Our industry-leading price and promotion science gives Douglas the ability to further enhance their market leadership and drive enhanced customer loyalty.”

    About Douglas

    Douglas is one of the leading retailers in the European beauty industry with about 2,500 perfumeries and fast-growing online shops in 19 European countries. In the financial year 2016/17, the company generated sales of 2.8 billion Euros. Every day, around 20,000 dedicated beauty advisors strive to make their customers more beautiful and thus happier. Douglas has a portfolio of some 35,000 products in the areas of perfumery, decorative cosmetics and skin care. Providing excellent advice and a range of unique services, Douglas is one of the leading companies in the beauty market – both online and in stores.

    About Revionics, Inc.

    Revionics is a global SaaS provider of science-based pricing, promotion, space and competitive insight for innovative retailers. Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space. Created by retail experts, Revionics’ cloud-based SaaS solutions deliver amazing year-over-year ROI with an attractive total cost of ownership. Embracing the retail and science in its core DNA, Revionics delivers machine learning solutions that retailers use to translate shopper insights and competitive response into high-impact results. With Revionics, retailers gain leading-edge capabilities, an invested partner and an evolving solution for today’s dynamic retail landscape.

  • Revionics achieves stellar rankings from retailers in key areas such as return on investment (ROI), technology innovation, total cost of operation (TCO), software reliability, ease of installation and integration, and quality of support and service

    AUSTIN, TX – (December 10, 2018) – Revionics once again earned multiple top leadership rankings in the annual RIS News Software LeaderBoard survey. In the 2019 LeaderBoard results, Revionics was ranked as a top three software provider in Overall Performance, Technology Innovation, Customer Satisfaction for Targeted Solution Vendors, Software Reliability, and Quality and Support. Customer survey responses also ranked Revionics among the top 10 in Return on Investment (ROI), Total Cost of Operation (TCO), Ease of Installation and Integration and Quality of Service, and more.

    The widely respected RIS News survey for the 18th Annual RIS Software LeaderBoard ranks software vendors in top-10 lists based strictly on aggregated satisfaction ratings from retailers, eliminating any “hype”. This much-anticipated annual report is a valued resource for retail executives who are planning and evaluating potential technology investments. As RIS News Editorial Director Joe Skorupa notes in the report, “every vendor appearing in the LeaderBoard is a winner by definition. This is true because every vendor in a top-10 list is on top of an iceberg that extends downward to approximately 40 more names. Therefore, every vendor on the list is literally the cream of the crop in retail technology and, by extension, clearly a winner and not a loser.”

    Revionics Achieved Top Rankings as a “Leader” In the Following Categories:

    • Customer Satisfaction for Mid-Sized Vendors
    • Targeted Solution Vendor Leaders
    • Customer Satisfaction for Targeted Solution Vendors (ranked #3)
    • Customer Satisfaction by Tier One Retailers
    • Top Vendors in Customer Satisfaction
    • Overall Performance (ranked #3)
    • Total Cost of Operation (TCO)
    • Return on Investment (ROI)
    • Technology Innovation (ranked #3)
    • Software Reliability (ranked #3)
    • Ease of Installation & Integration
    • Ease of Administration
    • Quality of Support (ranked #3)
    • Quality of Service

    “We are pleased to once again be recognized by our customers, via the RIS News LeaderBoard survey, for providing market-leading price, promotion and markdown optimization that delivers outstanding innovation, reliability, quality, TCO and ROI,” said Marc H. Hafner, Chairman and Chief Executive Officer of Revionics. “I commend the Revionics team for delivering on our strong commitment to quality and quantifiable business results for retail innovators globally.”

    “Retail technology’s rapid pace of evolution has resulted in an even greater need for the RIS News LeaderBoard survey, which helps retailers obtain a comprehensive view of software providers’ performance, capabilities, customer focus and proven results,” said RIS News Editorial Director Joe Skorupa. “We are grateful for the retailers that took the time to participate in the survey and we congratulate Revionics, which achieved stellar rankings.”

    Tweet This:
    Retailers have spoken! @Revionics is a top 10 retail software provider by @risnewsinsights 2019 LeaderBoard Survey in 14 categories including ROI, TCO, Innovation & Customer Service!

    About Revionics, Inc.
    Revionics is a global SaaS provider of science-based pricing, promotion, space and competitive insight for innovative retailers.

    Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space. Created by retail experts, Revionics’ cloud-based SaaS solutions deliver amazing year-over-year ROI with an attractive total cost of ownership.

    Embracing the retail and science in its core DNA, Revionics delivers machine learning solutions that retailers use to translate shopper insights and competitive response into high-impact results. With Revionics, retailers gain leading-edge capabilities, an invested partner and an evolving solution for today’s dynamic retail landscape.

    Predictive. Prescriptive. Profitable Retailing. Expect Nothing Less.

  • Exhibit, demos and panels address retail price and promotion game-changers such as AI, machine learning and operationalizing AI in pricing

    AUSTIN, TX - (Jan. 8, 2019) – Ranked in 14 categories as a top retail software provider in RIS News Software Leaderboard Survey for 2018, Revionics is primed to help retailers gain more shopper-focused and profitable pricing and promotions with its AI-driven capabilities at NRF 2019. Revionics is hosting two Big Ideas NRF sessions featuring Revionics experts, leading retailers and top analysts with guest presenters from Forrester Research, Constellation Research and Drogaria Araujo. 

    At the first panel discussion, “Retailer-Shopper Disconnects: How Do We Close the Divide?” Revionics Chief Marketing and Strategy Officer Cheryl Sullivan will discuss insights from Revionics’ newest commissioned global shopper study by Forrester Consulting[i]with guest speakers Forrester Vice President and Principal Analyst Brendan Witcher, Constellation Research Principal Analyst and CEO, Founder R “Ray” Wang, and Apollo Whited, a longtime retail executive with 17  years of experience, including the adoption of AI technology, across merchandising, pricing, and supply chain and technology while serving in executive positions at Family Dollar for more than a decade, most recently as VP Merchandising Services.  This study confirms that retailers cannot afford to miss shopper signals and retail success requires personalized, AI-driven pricing strategies. The panel discussion will be held January 14, 2019 from 4:00 - 4:30 p.m. EST in Jacob Javits Center EXPO Hall Level 1, Stage 2. 

    Revionics’ other featured panel discussion, “I, Retail: AI, Machine Learning and Other Massive Price and Promotion Game-Changers,”will include Cheryl Sullivan; R “Ray” Wang, and Leonardo Lage, Competitive Intelligence Manager for Drogaria Araujo. This panel discussion will explore how retailers are harnessing AI and ML to enhance and automate pricing and promotions, bringing retail pricing strategies to life at the shelf. This session will be held January 15, 2019, 10:15 a.m. - 11:00 a.m. EST in EXPO Hall Level 1, Stage 4. 

    Revionics experts will also be on hand in Revionics Booth #3919 to demonstrate their customer-centric, data-driven solutions that help retailers globally gain a competitive edge by optimizing their pricing, promotions and markdowns discussing:

    • Pricing:As the top priority of shoppers, retailers’ prices must take into account current market, competitive and shopper conditions across all channels. This means providing carefully crafted AI-powered pricing that delivers a win-win: providing shoppers with prices they love on the products they care most about, while ensuring retailers capture overall margins that enable them to sustain a healthy business in the long run. 
    • Promotion:Promotion analytics and optimization enable retailers to break the cycle of ineffective promotions and the race to the bottom with in-depth insights into consumer buying influences, cannibalization and halo effects, and identifying the most compelling vehicles and offers for different types of shoppers.
    • Markdown:With AI-based markdowns designed to maximize return on inventory, margins and sell-through, retailers can deliver the discounts that customers want, where they want them, and when they want them.
    • Dynamic Pricing:Revionics enables retailers to leverage machine learning science and competitive and shopper insights to price the right items at the right time, against the right competitors and in the right channels.
    • Competitive Insights:Retailers can better serve customers, exploit hidden opportunities, and achieve a higher ROI with real-time competitive insights.

    To connect with Revionics at NRF, click here. For more information about the speakers and networking events, click here
     

    About Revionics, Inc.

    Revionics is a global SaaS provider of science-based pricing, promotion, space and competitive insight for innovative retailers. 

    Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space. Created by retail experts, Revionics’ cloud-based SaaS solutions deliver amazing year-over-year ROI with an attractive total cost of ownership. 

    Embracing the retail and science in its core DNA, Revionics delivers machine learning solutions that retailers use to translate shopper insights and competitive response into high-impact results. With Revionics, retailers gain leading-edge capabilities, an invested partner and an evolving solution for today’s dynamic retail landscape.

    Predictive. Prescriptive. Profitable Retailing. Expect Nothing Less.

    -End-

    Engage with Us:
    Web: www.revionics.com
    Blog: http://revionics.com/blog.html
    Twitter: https://twitter.com/Revionics
    Facebook: https://www.facebook.com/Revionics-Inc-67271083899/
    LinkedIn: https://www.linkedin.com/company/revionics
    YouTube: https://www.youtube.com/channel/UCK5EY-MuENLuHQ9iBpSo3_Q
     

    [i]Retail Success Requires Personalized, AI-Driven Pricing Strategies, an October 2018 commissioned study conducted by Forrester Consulting on behalf of Revionics.


 Products

  • Revionics Price Solution
    Drive customer loyalty and sustainable competitive advantage with the most advanced AI pricing in the marketplace...

  • Revionics Price enables retailers to drive improved performance, loyalty and sustainable competitive advantage.  Leveraging AI science, we help retailers better understand their consumers and align pricing to business goals, recommending prices shoppers are happily willing to pay.
  • Revionics Promotion Solution
    Deliver impactful promotions that build brand, loyalty and margin using the most advanced AI in the marketplace...

  • Revionics Promotion solution uses the most advanced AI in the marketplace to successfully reach and engage shoppers with impactful promotions that align with your financial goals and build brand and customer loyalty.   
  • Revionics Markdown Solution
    Craft meaningful markdowns that maximize return on inventory, margins and sell-through...

  • Revionics Markdown enables retailers to craft meaningful markdowns that maximize return on inventory, margins and sell-through.  Whether for fashion and seasonal merchandise or for grocery or replenished hard goods, this Suite supports those distinctive workflows with a single solution.
  • Revionics Macro Space Optimization
    Right-size your store space, identify assortment opportunities and unlock each channel’s and each store’s unique revenue and profit potential...

  • Revionics Macro Space Optimization helps retailers right-size their store space, identify assortment opportunities and unlock each channel’s and each store’s unique revenue and profit potential.  Intelligently allocate labor budgets, lower inventory costs and achieve the greatest return on space, fast.