Market intelligence enhanced by automatic repricing and real-time notifications. Find out how AI can streamline pricing and analytics in your product category. No programming, no hardware required.
Reach All Your Goals
The furniture and home decor industry is highly competitive — you should be able to cater to consumers’ demands and manage your pricing efficiently. Priceva’s pricing software for brands allows you to get in-depth market insights, automate repricing, and reach your business goals quicker with the right pricing strategy at your fingertips.
Divide products into categories with separate repricing rules
Enjoy in-depth market overviews and real-time analytics
Put manual tasks on autopilot and focus on business development
Get notifications about price updates and violations
Pricing for Furniture and Home Decor Retailers & Brands
Develop your own pricing strategy
Set separate repricing rules for different categories of products in your assortment depending on supply and demand, competitors’ actions, and major market challenges. Priceva tracker will monitor competitors’ prices 24/7, providing you with actionable insights and pricing recommendations generated by our proprietary algorithms. This is a more cost-efficient alternative to manual price tracking and analysis. Make right pricing strategy for your furniture business to increase revenue.
Analyze consumers’ behavior
With Priceva, you will get relevant product performance data and insights into customers’ spending habits. That will allow you to craft more efficient pricing strategies, organize sales events, and choose the right positioning. Run our price intelligence software to test different hypotheses and communication approaches before launching or repricing products. As a result, your prices will align with your brand and consumer expectations, driving more sales.
Outperform your competitors
In the retail industry, every market is highly competitive, but you only need to know who your real competitors are. With Priceva’s product matching tool, you can find identical products and services to create accurate databases and comparison reports. Our algorithms track products’ prices and stock, so you can always keep an eye on your rivals without wasting time on profiling them.
Manage prices internationally
International companies operating in the furniture & home decor industry need to be extra attentive to price-sensitive customers in different countries — one and the same price will not work in two different corners of the world.
Implement Priceva’s MAP monitoring software to keep tabs on retailers’ pricing policy. You will be able to analyze an unlimited number of regions and local markets to get essential information about pricing. Market analysis results can help you differentiate your pricing strategies and reach out to your target audience regardless of its location.
Create brand value
A brand’s reputation plays a crucial role in a customer's willingness to buy goods. Consumers are ready to pay more for products from well-known, respectable brands. With the correct and timely repricing, you will be able to communicate your brand’s positioning and provide discounts that do not affect product perception.
Powered by Priceva’s price optimization software, you will be able to leverage the correct promotional mechanisms and fine-tune discount strategies that will drive more sales and grow your overall revenue. You will be able to predict customer choice based on the promotions offered and stay aware of price limits.