Wholly owned subsidiary of British Telecommunications plc (BT) to leverage predictive consumer insight
[Press Release] Florham Park, N.J. — dabs.com, an award winning UK based on-line retailer of technology products, announced today their selection of KSS Retail for price and promotion optimization. dabs.com is a wholly owned subsidiary of British Telecommunications plc (BT), and processes around 5000 customer orders daily. KSS Retail will provide dabs.com with its real-time, self-learning price modeling and optimization solution that will provide dabs.com with predictive insight into the effects of pricing and promotional decisions.
“Our goal is to deliver customer value and improve the customer experience, while remaining competitive in our market” said Jonathan Wall, Marketing Director of dabs.com. “We view the KSS Retail price optimization solution as an important element in assisting us to meet this goal. By leveraging KSS Retail’s proven price optimization solution, we will be able to accurately model, refine and implement pricing that provides our customers with the value they have come to expect from dabs.com.”
“Retailers of all types are experiencing the tremendous value that KSS Retail price optimization brings them,” said Lance Jacobs, KSS Retail Chief Executive Officer. “dabs.com will be able to leverage the predictive insight of the KSS Retail price optimization solution to model the impact of their pricing decisions, real-time. This insight will help them ensure that they are delivering a superior customer experience. ”
KSS Retail is a leading provider of price optimization with the only real-time, self–learning price optimization solution for the grocery, chain drug, convenience, general and on-line retail markets.
Servicing the whole of the UK from state-of-the-art premises in Bolton, dabs.com is a leading on-line retailer of technology products, processing around 5,000 customer orders every day. dabs.com is part of the Dabs Group of companies, originally founded in 1987 by entrepreneur David Atherton in partnership with a writer called Bruce Smith (the name ‘Dabs’ comes from the combined initials of their two names). In April 2006, David sold the Dabs Group and dabs.com became a wholly owned subsidiary of British Telecommunications plc (BT). dabs.com has won many high profile awards for both online retailing and general business performance including the “What Laptop!”, “PC Pro” and “Computeractive” magazine awards for “Best Online Retailer”.
About KSS Retail
KSS Retail is a leading provider of price optimization solutions for the grocery, convenience, chain drug, general and on-line retail industries. Retail merchants use KSS Retail software to model and optimize retail prices for regular and promotional pricing by using an intuitive, fast, merchant-friendly tool that integrates price modeling and optimization into the daily work-flow of a merchant. For more information, visit www.kssretail.com, or contact Lyle Walker at (972) 733-0465, or at Lyle.Walker@KSSRetail.com.