Prisync - Intro
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Prisync is an automated online price tracking and analytics tool for retailers and suppliers that helps optimize pricing strategies and increase profit margins through competitive pricing. It updates pricing data frequently and offers an easy-to-use interface along with customizable notifications and comprehensive API access. Major clients include well-known brands like Toshiba and MediaMarkt, highlighting its effectiveness in the market.
Prisync - Intro
- 1. PRICES JUST GOT SMARTER! BURC TANIR CEO & Co-‐Founder burc@prisync.com Tuesday, January 13, 15
- 2. Prisync is a fully automated web based online price tracking and analyFcs tool for online retailers and suppliers. For online retailers -‐ Compe.tor price tracking Clients include Mediamarkt(DE), Elefant(RO) and Ebebek(TR). For suppliers -‐ Online channel price management Clients include Toshiba(JP), Chicco(IT) and Flos(IT). Tuesday, January 13, 15
- 3. ONLINE RETAILERS CompeFtor price tracking Increase your sales and profit margins through dynamic compe..ve pricing! Some of our online retailer clients: Tuesday, January 13, 15
- 4. SUPPLIERS Online channel price management Monitor your products’ prices closely and dynamically at your highly distributed online channels to avoid irrelevant and inconsistent prices. Some of our supplier clients: Tuesday, January 13, 15
- 5. SMARTER PRICING McKinsey*: “The price is the main profit driver for online shops and is responsible for crea.ng the image for online shops.” “We esKmate that a retailer using big data in pricing to the full has the potenKal to increase its operaKng margin by more than 60 percent.” *hQp://www.mckinsey.com/insights/markeKng_sales/using_big_data_to_make_beQer_pricing_decisions Tuesday, January 13, 15
- 6. SMARTER PRICING DeloiPe*: “Our experience indicates pricing solu.ons can expect an immediate margin performance improvement of 2%–4% and a sales growth of 1%–2%.” “Price analyKcs allows retailers to integrate effecKve pricing into the daily operaKon of a retailer’s business — not treat it as a one-‐Kme event.” *hQp://www.deloiQe.com/assets/Dcom-‐UnitedStates/Local%20Assets/Documents/IMOs/DeloiQe%20AnalyKcs/ us_ba_AnalyKcsinRetail_03092012.pdf Tuesday, January 13, 15
- 7. SMARTER PRICING MIT Sloan Management*: “Dynamic pricing, offers a feasible and aOrac.ve path to increase revenues and profits.” “ImplemenKng dynamic pricing can improve revenues and profits by up to 8% and 25%, respecKvely.” *hQp://sloanreview.mit.edu/arKcle/how-‐to-‐reap-‐higher-‐profits-‐with-‐dynamic-‐pricing/ Tuesday, January 13, 15
- 8. SMARTER PRICING SAP Retail*: “Dynamic pricing is necessary in online retail because shoppers are highly price sensi.ve and the market is hyper-‐compe..ve.” “Dynamic Pricing gives retailers the opportunity to be compeKKve and, more importantly, remain profitable no maQer what’s happening in the market.” *hQp://blogs.sap.com/innovaKon/industries/real-‐Kme-‐dynamic-‐pricing-‐in-‐online-‐retail-‐01644759 Tuesday, January 13, 15
- 9. OUR FEATURE SET Prisync has a well craQed feature set which aims to deliver the most easy to use price analyFcs applicaFon with the most comprehensive and acFonable reporFng. Tuesday, January 13, 15
- 10. SEAMLESS Hassle-‐free, rapid setup and implementaFon. No technical integra.ons, fric.ons involved. You just deliver the list of the products and websites to be tracked, and your account gets up and running in 3-‐5 days on average. Tuesday, January 13, 15
- 11. DYNAMIC The most frequently updated pricing data in the market. In order to yield dynamic pricing for our clients, we update our massive data once in every 3 hours during the day with our scalable technology. Tuesday, January 13, 15
- 12. EASY-‐TO-‐USE A beauFful responsive web applicaFon that tells a lot. Prisync analyzes and displays the market data at various detail levels from a specific product to a category group or brands. Historical pricing trends are also available in the applica.on and offer crucial insight for analy.cal execu.on. Tuesday, January 13, 15
- 13. ACTIONABLE Smart and customizable noFficaFons and reporFng. Prisync’s no.fica.ons are designed to be the heart beat of your online product prices. Prisync delivers daily or instant price and stock change no.fica.ons or a detailed report on your favorite product groups. Excel files with different detail levels can be configured as automa.c no.fica.ons from your account. Tuesday, January 13, 15
- 14. INTEGRATIVE A comprehensive and funcFonal API that contains all your data. Prisync API contains all the data available on its web applica.on, no.fica.ons and reports so that companies can easily plug and play with it to develop custom applica.ons that integrate Prisync data to their internal systems and can yield automated pricing or customized no.fica.ons etc. Tuesday, January 13, 15
- 15. LET’S KEEP IN TOUCH! Email: burc@prisync.com Phone: (+90) 537 300 88 30 TwiPer: @PrisyncCom Address 1: Boğaziçi Üni. Kare Blok 4/11 Sarıyer Istanbul Turkey Address 2: Jacob van Lennepstraat 285 Amsterdam The Netherlands Tuesday, January 13, 15