NRF 2020 Vision: Retail's Big Show. Convention and EXPO: January 12-14, 2020. Jacob K. Javits Convention Center, NYC. #NRF2020

Revionics LLC

Roseville,  CA 
United States
http://www.revionics.com
  • Booth: 3537

Predictive. Prescriptive. Profitable Retailing. Expect Nothing Less.

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.

The Race for Relevance: How Retailers Can Lead in an Age of Disruption


 Press Releases

  • Revionics ranked as a top software provider in several categories: Overall Performance, ROI, Total Cost of Operations, Ease of Administration and Maintenance, Quality of Support and Quality of Service

    AUSTIN, TX – (December 10, 2019) – Revionics has earned multiple leadership rankings by top tier and mid-sized retailers for the 2020 RIS Software Leaderboard, which is in its 20th year and considered one of the most influential studies in the retail industry. This study, which is based on end-users’ satisfaction scores, is an objective guide leveraged by retailers when they are planning their software investments and implementations. In addition, it is a must-read for investment analysts evaluating mergers and acquisitions in the retail industry. 

    Over the past several years, Revionics has consistently ranked high in critical categories for its AI, SaaS-based Price, Promotion and Markdown solutions and the 2020 rankings were no exception. Revionics ranked as a leading software provider by its tier one and mid-size retail customers in the following areas: Overall Performance, Return-on-Investment (ROI), Total Cost of Operations (TCO), Ease of Administration and Maintenance, Quality of Support and Quality of Service. 

    “Ranking highly in several categories as one of the leading solution providers is a testament to Revionics’ strong R&D, our unique partnering commitment to our customers and our ability to create solutions that help retailers achieve strong ROI, customer loyalty and profitability,” said Marc Hafner, Revionics Chairman and CEO. 

     “With retail innovation moving at the speed of light, it’s important that retailers have a trusted and objective resource that provides them with a true customer view of software providers with industry-superior solutions,” said RIS News Editorial Director Joe Skorupa. “It’s noteworthy that in two very important categories — Overall Performance & Return-on-Investment — once again Revionics achieved a top ranking, which underscores their commitment to developing solutions that deliver optimal results.”

    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.

  • Technology Innovator Leverages Category-Specific Price Elasticity to Deliver Business Impact

    AUSTIN, TX - (December 11, 2019) – Since its founding in 1923 by Max Conrad, Conrad Electronic has been a perennial market innovator delivering a huge assortment of electronics and technology to its growing consumer and business customer base. As one of Europe's leading multi-channel retailers of electronics and technology, Conrad’s expansive assortment is designed to actively engage both its business customers – including industrial customers, professional users, educational institutions, makers – and consumers. To price intelligently and competitively across both new and existing items, Conrad turned to Revionics Price Suite.

    Conrad’s Chief Digital and Disruption Officer, Ales Drabek, brings a laser-sharp focus on comprehensive innovation leveraging democratized data and a modern technology stack, including big data management, process automation, machine learning and voice control. “From our early A/B testing through initial rollout in Germany for our online categories, Revionics’ machine learning and modern algorithms have enabled us to determine the exact price elasticity for each category,” Drabek notes. “We value Revionics Price Optimization for its transparency, sophisticated machine-learning algorithms and ability to deliver quantifiable business impact.” 

    As Conrad continues to deliver process automation by allowing price changes within defined thresholds, it is formulating expansion strategies to additional countries and to stores as well as its online marketplace.  It is also leveraging Revionics’ multi-tier pricing capabilities to cater to both its business and consumer customer segments.

    “Revionics is proud to partner with industry leaders like Conrad Electronic who embrace the rapid evolution of retail markets today,” said Marc H. Hafner, Revionics chairman and CEO.  “From their roots in Germany to their global footprint today, Conrad has been on an exciting and inspiring growth trajectory, and we look forward to continued partnering to help drive new growth and innovation.”  

    About Conrad Electronic SE

    Conrad Electronic has been in the technology and electronics business since its foundation in 1923. With  5,000,000 products available through the company’s online shops conrad.de and 20 German branches, the Bavarian family-owned business is one of the leading omnichannel distributors. Company group Conrad also operates internationally locally based subsidiaries in 16 countries across Europe.

    Conrad’s digital platforms and services are a central hub for the technology and electronics market. Conrad, as one of the leading European B2B distributors, offers its business-to-business customers an ever-growing B2B assortment, individual service through key account managers, inside sales and in-branch business advisors as well as project business solutions through company subsidiary SOS electronic. In addition, customers can benefit from product, ordering and delivery services: 24-hour standard delivery, eCatalogues, eProcurement solutions, calibration, comprehensive PCB, 3D printing and other product services. At the end of 2013, Conrad completed the expansion of Electrostatic Discharge (ESD) handling facilities and an EPA (Electrostatic Protected Area). The company’s whole ESD management system is certified by TÜV Nord, based on DIN EN 61340-5-1.

    The product portfolio comprises products from leading manufacturers and strong own brands like Tru Components, Voltcraft, Toolcraft, Makerfactory, C Control, Renkforce, Speaka Professional, Sygonix, Eurochron, Polarlite, Reely oder Emmerich. It also includes Conrad Connect, a leading platform for the Internet of Things (IoT), which enables cross-supplier connectivity and management of intelligent devices, apps and services for private and business use.

    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.

  • Revionics’ NRF exhibit and Big Ideas Panel demonstrate how retailers can “Price Smarter, Not Harder” with proven AI-based pricing and promotion optimization

    AUSTIN, TX – (January 6, 2020) – Ranked as a leading retail software provider in multiple categories by top-tier retailers in the 2020 RIS Software LeaderBoard Study, including the Return on Investment and Overall Performance categories, Revionics will have a strong presence at NRF 2020 with solution demonstrations and exhibits in their booth #3537 as well as a Big Ideas panel: “Price, strategies and agility: Thriving in a multi-channel retailer environment.” The panel will be held on Monday, January 13, 2020 from 10:15-10:45 a.m. EST on Stage 2, Expo Level 1. The panel, moderated by Revionics SVP Customer Service Scott Zucker, will feature the following retail innovators: 

    • Barrie Carmel, Chief Value Optimization Officer, Bed Bath & Beyond
    • Moussa Coulibaly, Vice President of Omni Channel Pricing, DICK’S Sporting Goods
    • Leonardo Cyreno, Pricing Director, Leroy Merlin Brazil

    Panelists will explore how to utilize advanced science-based pricing to better engage shoppers in an environment where shoppers demand convenience and accessibility on their own terms, with the flexibility to shop and receive merchandise in channels of their choice. Whether a retailer’s heritage is brick-and-mortar and they begin to embrace online channels, or expands from etail roots to develop a physical presence, they must structure for success in a multi-channel environment. Hear from retailers that are pricing smarter, not harder, from across a range of sectors with an array of business models in a lively, interactive discussion of their challenges, strategies and successes.

    Revionics Exhibit, Booth #3537:

    Revionics’ top executives and technical experts will be available at their exhibit to show retailers why pricing smarter doesn’t have to be harder with Revionics AI and science-based solutions, which include: 

    • 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.

    For more information, or to schedule a NRF meeting with Revionics, click here. To view Revionics’ 2020 RIS Software LeaderBoard rankings, 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.

  • Leading Nordics Convenience Retailer Extends Beyond Revionics Price Optimization into Fuller Lifecycle Pricing

    AUSTIN, TX – (January 7, 2020) – Building on its leadership position in the Nordic convenience market, Reitan Convenience Norway has implemented Revionics Promotion Optimization across its three Norway retail banners: Narvesen, 7-Eleven and YX 7-Eleven.  With these new capabilities, Reitan Convenience Norway, a Reitan Group company, is focused on increasing store traffic and unit sales while achieving better collaboration, automation and efficiencies among the teams involved in promotions. 

    Reitan Convenience Norway is taking advantage of Revionics’ leading-edge science, leveraging insights from cannibalization and affinity analysis as well as Promotion Performance Analysis to better focus promotional offers. With more targeted promotions, Reitan Convenience Norway can better engage customers, enhance store traffic and ensure offers contribute to business objectives, including fully factoring in vendor funding.

    “Using Revionics Promotion Optimization will help us ensure that we are getting the most impact from our vendor funding,” said Joachim Paulsen, Head of Pricing for Reitan Convenience Norway. “We also value the strong partnership approach between Reitan Convenience Norway and Revionics, working closely with Revionics product management to enhance its promotion optimization capabilities and align them with our business needs.”

    About Reitan Convenience 
    Reitan Convenience has a strong market position in the convenience market in seven countries, across the Nordics and Baltics. We hold a proud 125-year-long history of convenience retailing. In 2018, we continued to strengthen our position as a high-quality provider in food to go, bakery, and hot and cold beverages through our 2,200 stores in all seven countries we operate in. Reitan Convenience had a turnover of NOK 16.1 billion and cash flow of NOK 783 million in 2018.

    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-