Curated News
By: NewsRamp Editorial Staff
March 27, 2024
RMS Unveils AI-Powered Price Studio to Revolutionize Restaurant Pricing
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Discuss on SubstackTLDR
- Revolutionize restaurant pricing strategy with AI-powered Price Studio, gaining an edge in an increasingly competitive industry.
- Price Studio uses AI to analyze historical data, customer behavior, and competitor pricing, providing actionable insights for profitable pricing decisions.
- Price Studio's data-driven approach helps restaurants craft targeted, profitable pricing strategies that protect customer value, improving the dining experience.
- Discover a groundbreaking AI-powered dashboard, Price Studio, empowering restaurant brands to test complex pricing scenarios and streamline the pricing process.
Impact - Why it Matters
The launch of Price Studio by Revenue Management Solutions has the potential to revolutionize the restaurant industry by empowering brands to make well-informed and profitable pricing decisions in a challenging environment. This innovative platform will enable restaurant brands to streamline pricing strategies, maximize profitability, and align pricing with marketing initiatives and brand pricing rules, ultimately benefiting both businesses and customers.
Summary
Revenue Management Solutions (RMS), a global leader in restaurant data analytics, has launched Price Studio, a groundbreaking AI-powered dashboard that will revolutionize restaurant pricing and drive new levels of profitability for restaurant brands. The platform, powered by decades of pricing expertise and cutting-edge AI technology, allows franchisees and multi-unit brands to test complex pricing scenarios in minutes without impacting customer traffic. Price Studio also delivers comprehensive insights for profitable decision-making, providing price recommendations and actionable insights into revenue, traffic, and cost implications.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, RMS Unveils AI-Powered Price Studio to Revolutionize Restaurant Pricing
