Case Study: Large Home Goods Retailer achieves 10% profit margin increase with QL2 Software

Large Home Goods Retailer - Customer Case Study

QL2 Software worked with a Large Home Goods Retailer that needed to automate competitor pricing decisions across more than 800,000 SKUs. The retailer had struggled to get accurate product matches, which prevented them from integrating pricing data into their internal revenue management systems and hindered efforts to assess assortment and optimize pricing.

Using QL2 Software’s two-tiered matching technology, including Opti Price, Opti Mix, and Smart Match, the retailer gained accurate exact and similar product matches and could receive pricing information multiple times a day. QL2 Software’s solution helped improve match quality, correct mismatches on over 70% of previously monitored sites, and deliver measurable impact, including a 10% increase in profit margin, a 60% increase in improved match accuracy, and 97% accuracy in exact and similar matches.