How can AI help with your markdown strategy?
Markdown planning is time consuming for retail teams. Most have a markdown schedule, with every SKU discounted by a blanket X%, which increases as the sale period progresses. An AI-powered markdown optimization tool lets you…
Your competition are using this technology today. Watch the demo now to see our application in action and see the new era of markdown strategy.
Peak and AWS, stronger together
The Markdown application is an AI application from Peak to help companies deal with complex markdown optimization techniques. Peak are recognised as an AWS Retail Competency Partner. This means that Peak provide innovative technology offerings that accelerate retailers’ modernization and innovation journey across all areas in the enterprise
This application is available to AWS customers via the Marketplace portal, along with the 12 other AWS endorsed applications Peak offer…
This leading multi-channel retailer used Peak’s markdown optimization software and identified an additional $3m in margin (on only 15% of its stock file) with AI. That’s equivalent to 1% of its overall turnover!
These brands are winning with AI
Leading retailers are using Peak's technology to make great commercial decisions and add value across their businesses.
Solve your biggest retail markdown strategy challenges with Peak
Stop discounting some items too heavily so that profit is given up unnecessarily
Avoid being left with too much stock and having to heavily discount to clear it
Free up time spent generating all the spreadsheets needed to make markdown decisions
Benefits of AI solutions for markdown optimization in retail
Avoid blanket discounts that erode margin, and take a SKU-level approach to markdown
More time for merchandisers
Optimize your merchandisers' time and productivity with an AI-powered markdown strategy
Regain control of your markdown budget, maintain brand equity and stability over your markdown schedule and reduce unplanned, flash sales
Retail pricing software calculates markdown at a granular level that suits your business, including SKU, country level or store level)