Retail

IMPROVE YOUR STORE MANAGEMENT

Optimise the management of your store with AI

In both online and physical commerce, sales are increasingly being influenced by technological advances. To meet the challenge of competition today, retailers must keep their databases up-to-date and be able to analyse information by extracting useful information to guide business decisions. The success of eCommerce and the emergence of new ways of interacting with consumers are driving traditional retailers to redefine business processes with a view to improving the customer experience. Thanks to the new technologies and the introduction of tools such as electronic shelf labels (ESLs) in physical shops, Premoneo allows companies to get to know their customers via data analysis and to make the best offers at the right time across all sales channels by monitoring the main factors affecting sales trends on a single platform.

A.I. FOR AN OMNICHANNEL STRATEGY

We reduce unsold goods thanks to the right price

We use analysis and forecasting tools to define the right price for your products.

1

ADAPT PRICES ACCORDING TO DEMAND

Increase turnover thanks to greater effectiveness in pricing management. Premoneo makes it possible to define the demand curves for each product and to pinpoint the price that will maximise sales at any given time.

2

ANALYSE THE IMPACT OF VARIABLES ON SALES

Premoneo’s technology enables the monitoring and joint analysis of several factors that affect the sales of each product, such as the day of the week, time of day, promotions, specific events, shelf positioning and competitors’ offers.

3

REDUCE UNSOLD GOODS

By monitoring sales trends, optimising warehouse management and proposing offers based on availability and expiry date, and determining the right price, it is possible to boost sales and reduce waste.

CRUCIAL INSIGHTS FROM YOUR DB

A.I. that supports your business

Retail price optimisation tools, combined with the highly dynamic nature of e-commerce and technological advances in physical shops, allow companies to maximise profits gained from each customer. From the analysis of the correlated impact of variables on sales to the understanding of purchasing behaviour for different customer segments; from the efficiency of store management to the reduction of operations and the consequent risk of error, Premoneo offers the key to maximising revenues and gaining market share in the medium-long term.

What activities does the Premoneo suite support you in?

  • Dynamic pricing
  • Price optimisation
  • Sales forecasting
  • Customer segmentation
  • Upselling & cross-selling

OUR CLIENTS RESULTS

Results obtained with the support of Premoneo technology

Since 2016, our sophisticated artificial intelligence algorithms have been used to support companies in different markets. By supporting our clients in the development of 360° strategies, we have succeeded in achieving our business objectives.

+12%

Total revenues

+2%

Net margins

Retail Case History ENG

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