Unleash The Full Potential
Of Your Retail Operations
Choose CLEARDEMAND with Confidence for Expert Software Installation, Configuration, and Data Management Solutions.
Harness the Power of Advanced Data Analytics and Machine Learning
Utilize data-driven insights to analyze sales data and demand patterns throughout your retail chain. Identify store clusters that align with localized demand patterns, enabling you to implement targeted pricing strategies. Our process includes a comprehensive benefit analysis that quantifies the potential increase in profit and revenue you can expect to achieve.
Category Role Assignment
Conduct comprehensive analysis of sales data and demand patterns, taking into account relevant metrics such as competitive pricing, gross margin percentage, promotional activities, and more. Based on these insights, provide strategic recommendations for product groupings aligned with specific category strategies, including traffic generation, turf protection, profit generation, and other factors that align with customer demand.
Key Value Item (KVI) Identification
Leverage sales data analysis to uncover the sensitivity of individual items to price changes. Provide recommendations for price adjustments that align with various metrics, such as competitive pricing, profit, and revenue goals. Identify and categorize Known Value Items within your product assortment based on their impact on price image and customer loyalty. Establish rules and guidelines for each group. Highlight key items that significantly influence margins and contribute to overall brand image.
Product Line Optimization
Conduct a thorough analysis of item-level data to identify any gaps in private label offerings, assess product line relationships (such as good, better, best), and identify gaps in competitive pricing. Provide recommendations on necessary changes to ensure product parity and maintain appropriate price relationships.