Yieldigo provides a price management software platform that enables retailers to optimize pricing strategies across multiple channels and product categories with a unified source of pricing data. By automating pricing routines and allowing for complex rule management in just a few clicks, the platform helps retailers recover lost sales profit and improve sales margins efficiently.
Funding
$2.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
JTFounders
Product
Problem
Retailers often struggle to optimize pricing across various channels and product categories due to fragmented data and manual processes. This can lead to lost sales, reduced profit margins, and inefficient use of pricing teams' time. Setting complex pricing rules and reacting quickly to market changes can be challenging without a unified, automated system.
Solution
Yieldigo provides a price management software platform that enables retailers to centralize and automate their pricing strategies. The platform consolidates pricing data from multiple sources, allowing for the creation and management of complex pricing rules with minimal manual effort. By providing a unified view of pricing data and automating routine tasks, Yieldigo helps retailers recover lost sales profit, improve sales margins, and free up pricing teams to focus on strategic initiatives. The system also incorporates AI-driven simulations to test pricing strategies and understand the potential impact of pricing decisions before implementation.
Target Audience
Yieldigo targets large retailers and e-commerce companies with complex pricing needs, specifically pricing managers who require control, efficiency, and measurable results.
Features
- Unified pricing cockpit for managing prices, promotions, and markdowns across all channels
- Rule-based pricing engine allowing for complex pricing strategies to be defined in a few clicks
- AI-powered "what-if" simulations to test the impact of pricing changes before implementation
- Price elasticity analysis to identify optimal price points that maximize revenue and margin
- Competitive price monitoring to track competitor pricing and adjust strategies accordingly
- Automated workflows to streamline pricing processes and reduce manual effort
- Integration with existing retail systems, including ERP, POS, and e-commerce platforms
- Role-based access control to ensure data security and compliance