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Items
Trends (via NGA Independent Insights)
- Identify national, regional sales trends by Category or Item
- Benchmark your store against peers
- Spot opportunities for potential price changes
- Trends also by urban/rural, area population, and state
Demand Pricing
- Provides optimal prices for the Category as a whole, including halo effects and cannibalization
- Adjusts for:
- Holidays
- Seasonal trends
- LinkCodes
- In-Category competitor prices
- Ad and TPR prices
- Uses industry data and your historical data to find best price for Items at each Store
- Real-time, what-if predictions
- Optimize for Revenue or Margin
- Explain any individual price recommendation to user
- Incorporate competitor prices into model
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Sales and Inventory
Demand Forecasting
- Predicted quantity sold, revenue, and gross margin
- Track if you’re on target for the month
- Cuts benchmark prediction error in half
Customers
Predict Lost Customers
- Quadruple your odds of reaching a Lost Customer before they shop somewhere else
Customer Personalization
- Deliver the right deal to the right customer at the right time
- Use experiments to identify the most effective campaigns in your budget
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