Perlu Network score measures the extent of a member’s network on Perlu based on their connections, Packs, and Collab activity.
Founded in 2008, Engage3 is a technology company with a disruptive business model that provides a breakthrough value proposition for the retail industry.
Store Age writes about North State Grocery’s recent partnership with Engage3, who will help them increase their competitive visibility and sharpen their Key Value Items (KVIs). North State Grocery, which does business under the Holiday Markets and Sav-Mor Foods banners, will be able to expand their coverage of competitor pricing and further optimize which items are most critical to driving traffic to their stores. Our Sav-Mor Foods are strategically designed to be the everyday low price neighborhood grocery store,” said Paul Buzzell, Grocery Director for North State Grocery. Their comprehensive pricing solutions will help ensure that we are priced right and are taking care of our loyal customers.” Another regional retailer from the MidWest that sells a little bit of everything also recently started utilizing Engage3’s machine learning-powered product linking capabilities to gain contextualized visibility.
Engage3 observed whole gallon milk pricing that ranged from a high of $4.19 in Abington, PA, to a low of $0.99 in Bowling Green, KY in a recent review of gallon milk prices across the U. S. Over 160 different price points were observed across the DFW area, with pricing between $1.58 and $3.29, providing further evidence of high localization of milk pricing. For some food retailers in the DFW market, they were not localizing pricing on milk with only 4 unique price points observed. Localization scores were calculated by dividing the number of unique prices observed on an item by the number of stores where prices were observed: (number of unique prices divided by the number of store observations).
Marielle Fong, Engage3 Director of Marketing, sat down with Bill Bishop, Brickmeetclick Chief Architect, to discuss: 1) his calculations on what the online grocery shopping retention rate will be in the near future, 2) which retailer is impressing him nowadays, 3) how Shipt and Instacart will evolve, and 4) his thoughts on whether retailers should pay more attention to shipping fees or prices. A lot of people were sort of draftees in the process, but now I think people who are joining today — that the retention rate is going to be comfortably over 75%. Now within the base of people who are shopping online, they’re shopping more frequently, they’re buying smaller orders, which indicate to me that they are doing both their stock-up shopping and some fill-in shopping. And so I think you’re going to find a number of people looking at a number of retailers looking to reduce their dependency, not necessarily eliminate, but reduce their dependency on Instacart.
– Engage3, which helps retailers and brands profitably grow revenue and drive store trips by tracking and optimizing their Price Image, has today partnered with North State Grocery, a fully employee-owned and operated neighborhood grocery store chain in Northern California and Southern Oregon, to increase their competitive visibility and sharpen their Key Value Items (KVIs). With Engage3’s solutions, North State Grocery, which does business under the Holiday Markets and Sav-Mor Foods banners, will be able to expand their coverage of competitor pricing and further optimize which items are most critical to driving traffic to their stores. ’s Competitive Intelligence Management (CIM) is an AI-assisted, attribute-based, and data science-driven solution that provides accurate, granular competitive data (30 billion product pricing records collected annually in the U. S. and Canada) and like-item-linking visibility. Price Image Management (PIM) is a next generation pricing solution that defines the impact of strategic pricing alternatives and unlocks pricing recommendations based on a retailer’s objectives for Price Image, sales, and profitability.