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Omnia Dynamic Pricing

4.6
(24)

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Algorithm-based pricing optimization solution for retailers

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Omnia Dynamic Pricing Pricing, Features, Reviews and Alternatives

Omnia Dynamic Pricing FAQs

Q. What type of pricing plans does Omnia Dynamic Pricing offer?

Omnia Dynamic Pricing has the following pricing plans:
Pricing model: Subscription
Free Trial: Available | (No Credit Card required)


Q. Who are the typical users of Omnia Dynamic Pricing?

Omnia Dynamic Pricing has the following typical customers:
Large Enterprises, Mid Size Business, Small Business


Q. What languages does Omnia Dynamic Pricing support?

Omnia Dynamic Pricing supports the following languages:
English


Q. Does Omnia Dynamic Pricing offer an API?

No, Omnia Dynamic Pricing does not have an API available.


Q. What other apps does Omnia Dynamic Pricing integrate with?

Omnia Dynamic Pricing integrates with the following applications:
Google Analytics 360


Q. What level of support does Omnia Dynamic Pricing offer?

Omnia Dynamic Pricing offers the following support options:
24/7 (Live rep), Phone Support, Email/Help Desk, Chat, FAQs/Forum, Knowledge Base

Omnia Dynamic Pricing product overview

What is Omnia Dynamic Pricing?

Omnia is a provider of integrated pricing and online marketing solutions for retailers, offering an automation suite of SaaS-based modules. The range of products are intended to aid the growth of sales and therefore profit margins, by acknowledging existing business strategies to allow Omnia to automate pricing and online marketing. Omnia Dynamic Pricing sits within the Omnia suite as a pricing module, alongside Omnia's Pricewatch, and promises intelligent, automatic price optimization for products. The module boasts a core, self-learning algorithm built around price elasticity that combines internal product and sales data with that obtained from other sources such as Omnia Pricewatch and Google Analytics. By determining those products needing to attract larger volumes of sales i.e. "high elasticity" products, and products able to have a high margin i.e. "low elasticity", the module generates new optimal pricing. The algorithm promises to resist pricing suggestions pitched higher or lower than the market rate and therefore fixing any existing outlier prices in the process.

Key benefits of using Omnia Dynamic Pricing

  • Omnia's Dynamic Pricing is an integrated product pricing solution for retailers of any scale, utilizing competitor pricing data coverage in 30+ countries and a range of tools designed to help grow business and raise sales margins.

  • Makes "intelligent" automated pricing decisions around a self-learning algorithm based on product-level price elasticity that leverages internal system product / sales data and other data gleaned from sources including Omnia's Pricewatch module and Google Analytics.

  • Aside from improving the visibility on high / low elasticity products, the core algorithm also promises to fix outlier prices that are currently set too low or too high beyond the optimal market level.

  • Customizable business rules set at product or category levels can be defined using conditional logic, with pricing based on any variable.

  • A "Show Me Why" approach to system transparency makes clear the algorithm's pricing decisions, keeping visibility high and a promise on user-friendly operation for users of every level.
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    24/7 (Live rep)
    Phone Support
    Email/Help Desk
    Chat
    FAQs/Forum
    Knowledge Base

    Training options

    In Person
    Documentation
    Webinars
    Live Online

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    Omnia Dynamic Pricing pricing information

    Value for money

    4.4

    /5

    24

    Starting from

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    Omnia Dynamic Pricing features

    Functionality

    4.3

    /5

    24

    Total features

    38

    6 categories

    Most valued features by users

    Activity Dashboard
    Reporting & Statistics
    API
    Data Import/Export
    Reporting/Analytics
    CRM
    Real Time Data
    Search/Filter

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    Omnia Dynamic Pricing users reviews

    Overall Rating

    4.6

    /5

    24

    Positive reviews

    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8.96/10
    Rating distribution

    5

    4

    3

    2

    1

    14

    10

    0

    0

    0

    Pros
    The SW is easy to implement and setup - allows great flexibility in the pricing strategy and generally works really well. Important to mention is the great and helpful customer support.
    Dynamic Pricing is a great and modern platform by Omnia that helps you to increase your sales by updating prices. I recommend this app to minor retailers, it's great for that.
    Omnia have good combination of powerful softwares and customer orientation. They are able to solve any issues you may come across.
    Cons
    On the con side we see some issues in scale - >50k Products are difficult to handle.
    Unfortunately this app wasn't what we needed when the company started to grow at gigantic steps.

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