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MARKDOWN PRICING

Optimize Markdown Pricing with AI

Know which products are coming out of season and release cash from excess stock with the best profit.

Used by 500+ companies

Trusted by teams at

MARKDOWN OPTIMIZATION

Sell-out inventory with maximum profits

Reprice products with eyesight on forecasted sales volumes and profit. Our new price simulator feature allows you to forecast your demand easier than ever.  

OPTIMIZED STOCK LEVELS

Avoid excess stock

See live report on how your products demand develops and how price changes affect the volumes.

LEVERAGE AUTOMATION

Create automated markdown campaigns

Give clear boundaries, set a date for your markdown campaign and let the AI do the markdown optimization while you follow live reports and see how your sales develop. 

MARKDOWN OPTIMIZATION

Sell-out inventory with maximum profits

Reprice products with eyesight on forecasted sales volumes and profit. Our new price simulator feature allows you to forecast your demand easier than ever.  

MINIMIZE YOUR LOSSES

Avoid excess stock

See live report on how your products demand develops and how price changes affect the volumes.


LEVERAGE AUTOMATION

Create automated markdown campaigns

Give clear boundaries, set a date for your markdown campaign and let the AI do the markdown optimization while you follow live reports and see how your sales develop. 

MARKDOWN OPTIMIZATION

Sell-out inventory with maximum profits

Reprice products with eyesight on forecasted sales volumes and profit. Our new price simulator feature allows you to forecast your demand easier than ever. 

MINIMIZE YOUR LOSSES

Avoid excess stock

See live report on how your products demand develops and how price changes affect the volumes.

LEVERAGE AUTOMATION

Create automated markdown campaigns

Give clear boundaries, set a date for your markdown campaign and let the AI do the markdown optimization while you follow live reports and see how your sales develop.

10% net profit increase in the first 6 months

FAM Brands needed an automated tool for end-of-season apparel markdown. So the team chose Sniffie Markdown and Profit Optimization AI for their markdown automation. 

Read how  they increased their net profit by 10% and sales volumes by 40% with Sniffie Markdown and Profit Optimization solutions. 

Key Features of Markdown Optimization

"Set and Forget"

Give an end date for the markdown optimization campaign, and our easy-to-use workflows take care of the rest.

Fully AI-driven

Sit back and enjoy. Let our machine learning take care of your markdown campaign.

Self-adjusting

Sniffie AI adjusts your markdown price optimization during the campaign based on actual purchases and market demand.

10% net profit increase

FAM Brands, a fashion Ecommerce retailer, improved their profitability and doubled their net profit in the first six months alone with Sniffie.

Key Features of Markdown Optimization

"Set and Forget"

Give an end date for the markdown optimization campaign, and our easy-to-use workflows take care of the rest.

Fully AI-driven

Sit back and enjoy. Let our machine learning take care of your markdown campaign.

Self-adjusting

Sniffie AI adjusts your markdown price optimization during the campaign based on actual purchases and market demand.

Download our free eBook on Markdown Pricing

Get a basic, yet comprehensive understanding of the mechanics of markdown pricing and how it can benefit your business.

AI-driven Dynamic Pricing Optimization Software Sniffie

FAQ

Markdown pricing is a discount campaign where you sell products to clear out excess stock. Markdown campaigns release cash from excessive inventory and sells out products you will not list anymore.

A clearance sale is a special promotion where retailers offer significant discounts on merchandise to clear out inventory, often to make room for new stock and avoid waste.

A Clearance Optimization Tool is a software designed to help retailers end Ecommerce companies efficiently manage their clearance sales by analyzing sales data, inventory levels, and customer demand to optimize pricing and stock levels.

The difference between markdown pricing and the discount campaign is the philosophy behind the approach. In markdown pricing you lower the price to either get rid of stock, sell out items with short expiry dates or stop selling products. In such a case it is often also stated that there is a special discount such as stock clearance. Discount campaigns are done to raise sales and get new customers.

A Markdown Optimization Tool is software that helps retailers determine optimal pricing for products that need to be sold quickly, such as overstocked or seasonal items, to maximize revenue and minimize losses.