Prior to its partnership with Engage3, Allegiance sought to improve its view of its competitive pricing landscape with limited webscraped data. With Engage3, they were able to increase their competitive pricing visibility by 60%, link their Private Label items to equivalent items at their competition, and have a seamless data transfer process to embed pricing insights across their organization.
Our Clients
Six of the Top 10 Retailers in North America Trust Engage3 to Track and Optimize their Price Image
800
Increase in Competitive Visibility
2
Increase in Total Store Trips
5
Increase in Gross Margin Dollars
Featured Client
Engage3’s AI-Assisted Solutions Expanded Allegiance Retail Services’ Competitive Visibility by 60%
“Engage3 will be giving us much more coverage for the same budget, and we can’t wait to work with their added product linking capability to give us increased Private Label pricing visibility,” said Frank LaPara, Pricing Manager at Allegiance.
Client Case Studies
Improved Find Rates
A customer had low in-store find rates and data quality concerns with their +1,000 store competitive price check program. Leveraging the Engage3 best practice pre-shops and real-time in app QA Engage3 improved find-rates by +10% in the first cycle of in-store shops.
Increased Key Competitor Visibility
In their legacy program 38% of the retailer’s stores were not getting competitive data from at least one of their top 3 competitors and over 60% of stores did not have data from their #1 competitor. Partnering with Nielsen, Engage3 optimized their competitor list, and for the same budget, was able to deliver insights for 98% of stores from their top 3 competitors.
Driving Market Share Gains
Using Engage3’s Price Image Management solution one retailer was able to identify the items driving their Price Image. The retailer diverted their price investment funds from legacy KVI items to the Price Image drivers and saw market share increase 6% while having to spend less on price investment.
Comp Shop Optimization
Engage3 optimized a large national grocers competitive shop program by reverse engineering competitor price zones and KVIs and built an optimized program using modern collection methodologies and an improved item/location shop list. The retailer saved 15% on their competitive intelligence program costs while increasing the scope of data collected by +563%.
Modernizing Price Collection
A large specialty retailer was using legacy manual price collection approaches and was getting limited competitor visibility. Partnering with Nielsen, Engage3 combined in-store data, webscrapes, Nielsen POS and our proprietary Missions app to increase visibility by +340% and cover 99% of their sales with competitive pricing data.
Enhanced Competitor Webscraping
A top 5 national grocer was using a by the pound webscrape provider and wanted to significantly increase their insight into their primary competitor. Using Engage3 we were able to increase their find rate +13% and deliver a +50X increase in the amount of localization found in competitors prices.
Tracking and Optimizing Their Price Image
