DemandTec

About DemandTec

DemandTec Lifecycle Pricing by Acoustic is a cloud-based pricing optimization software designed to help retailers and CPG partners manage product sales by offering optimal pricing, deals, promotions, and markdowns to buyers. Features include consumer behavior tracking, demand forecasting, data export, and commenting.

The application enables businesses to set up daily shelf prices, determine consumer demands, price sensitivity, and fully loaded costs, as well as utilize what-if scenarios to predict the impact of new pricing strategies. The ad hoc analysis tool lets supervisors evaluate forecasts based on historical data and visualize the aggregated data by consolidating various product attributes such as SKU, time, and location. It also includes a task scheduler, which allows users to re-optimize markdown scenarios for specific dates or time zones, create recurring schedules, and monitor active or inactive tasks.

DemandTec Lifecycle Pricing also helps retailers streamline presentations, negotiations, invoices, and vendor deals in a collaborative platform. Merchants can utilize the promotion details page to view promotion names, descriptions, included products, workflows, and calculation statuses.