Scout logo

Scout

Free plan available

Perfectly match supply and demand to maximise retail revenue

Dynamic pricing
Stock clearance
Match supply-demand
Reduce margin erosion
Automatic adjustments
Customer-driven algorithm

About Scout

Launched Sep 29, 2022

Categories

Built by Scout Apps Limited

Email :

[email protected]

Address

Rivermill House, Mill Lane, Cleeve Prior, ENG, WR11 8JZ, GB

Website Privacy policy FAQ

Introduction Video

Description

Scout prevents margin erosion and helps merchants get closer to full price more of the time

Scout highly efficiently matches supply and demand in retail, we blur the line between full price and sale price using a highly effective algorithm based on the voice of the customer, meaning retailers get closer to full price more of the time. Scout highly efficiently matches supply and demand in retail, reduces margin erosion and can clear stock including split lines and odd sizes colours by applying dynamic pricing at the level that consumers are willing to pay – all fully automatically

Scout highly efficiently matches supply and demand in retail, we blur the line between full price and sale price using a highly effective algorithm based on the voice of the customer, meaning retailers get closer to full price more of the time. Scout highly efficiently matches supply and demand in retail, reduces margin erosion and can clear stock including split lines and odd sizes colours by applying dynamic pricing at the level that consumers are willing to pay – all fully automatically more
  • Dynamic pricing is implemented at the level that consumers are willing to pay
  • Reduces margin erosion and effectivly clears stock at a SKU level
  • Merchant owns the customer and processes order Scout is transparrent commercialy

Pros

  • Efficiently matches supply and demand in retail
  • Blurs the line between full price and sale price with a customer-focused algorithm
  • Reduces margin erosion
  • Effectively clears stock including split lines and odd sizes/colors
  • Applies dynamic pricing automatically to meet consumer willingness to pay
  • Enhances revenue potential by getting closer to full price more often
  • Merchant retains ownership of customer and order processing
  • Commercial transparency offered by Scout

Cons

  • Dependency on algorithm accuracy for pricing effectiveness
  • Potential resistance from customers who are used to static pricing
  • Requires integration with existing retail systems, which may be complex
  • Dynamic pricing may not be suitable for all retail sectors

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