Popken Fashion Group: Best pricies for strong market positioning

 

Smart assortment prices several times a week for different customer channels

 

Published in September 2023

 

Fashion specialist Popken Fashion Group specializes in fashion in large sizes and relies on GK AIR Dynamic Pricing for the pricing of its product ranges. The fashion retailer opted for the AI solution because it delivered convincing results in A/B tests and optimally prices fashion products over the entire life cycle. Routine category management tasks are eliminated and market changes are taken into account in real time in the price calculation.

 

In this case study, you will learn, among other things, how the Popken Fashion Group

  • a quick go-live of the pricing solution within 14 weeks with GK AIR.
  • an optimal price calculation and consideration of the different strategic approaches for different product ranges: turnover, sales, profit and markdown.
  • optimized gross profit and margin while maintaining and in some cases increasing customer and purchase frequency.

 

 

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