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Description
Compass is an advanced trade promotion optimization (TPO) tool powered by AI that assists in evaluating, analyzing, and enhancing your trade promotions to ensure you achieve the highest return on investment. By transforming your data into actionable insights, it provides interactive dashboards that allow you to effectively monitor and evaluate key metrics, performance indicators, and trends from a comprehensive perspective. Users can generate intelligent reports and dynamic dashboards to pinpoint the most lucrative brands and regions. All critical data is presented through charts, graphs, and reports, enabling the interpretation of complex information and transforming it into a powerful analytical tool. With its dashboard reporting capabilities, businesses can make informed decisions based on rich visualizations that aggregate extensive data sets into a unified platform. Additionally, it recommends optimal promotions tailored to specific constraints and objectives while also facilitating the development of robust pricing strategies and price-pack architectures. Furthermore, Compass aids in identifying new lucrative market segments and product opportunities, thereby enhancing business growth.
Description
Luca's innovative pricing engine harnesses artificial intelligence to analyze sales trends and market data, enabling informed decisions regarding pricing and promotions. To formulate a comprehensive pricing strategy, integrate a mix of both category-specific and overarching business objectives along with established guidelines. Incorporate competitor price limits, desired profit margins, rounding rules, and other relevant parameters while considering how these constraints influence each SKU. Establish a clear north star for your pricing goals, balancing the trade-off between maximizing revenue and ensuring profitability. Additionally, employ an AI-driven matching algorithm that identifies both exact and partial product matches, allowing businesses to competitively price not only directly comparable items but also reasonable alternatives. Set a pricing adjustment schedule that aligns with your operational needs and assess the anticipated effects of each modification at both the SKU and overall business level. Encourage collaboration by inviting your entire team to access the Luca dashboard, fostering joint decision-making. With a detailed metrics dashboard, eliminate uncertainty by gaining insights into the expected outcomes of each pricing adjustment, ensuring that your strategies are data-driven and effectively aligned with market demands. This holistic approach empowers organizations to adapt swiftly and strategically to changing market conditions.
API Access
Has API
API Access
Has API
Integrations
Amazon
Amplitude
BigCommerce
Databricks Data Intelligence Platform
Fivetran
Google Analytics
Magento
Microsoft Dynamics 365
NetSuite
PostHog
Integrations
Amazon
Amplitude
BigCommerce
Databricks Data Intelligence Platform
Fivetran
Google Analytics
Magento
Microsoft Dynamics 365
NetSuite
PostHog
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Acuvate Software
Founded
2006
Country
India
Website
acuvate.com/compass/
Vendor Details
Company Name
Luca
Country
United States
Website
www.askluca.com
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning