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What is buynomics?

Boost crucial KPIs such as profit, units sold, volume, and revenue effortlessly with buynomics' user-friendly platform, which empowers anyone, not just data analysts, to leverage their data for insightful portfolio analysis. Within just a few minutes, buynomics delivers comprehensive answers to your questions, ensuring you have immediate access to current market insights. Rather than waiting for several weeks and incurring high costs for traditional market research, you can resolve your inquiries as they come up. By merging data from diverse sources like sales data, market research, competitive assessments, expert opinions, and our vast customer insights repository, Virtual Customers effectively consolidate this information. This concurrent simulation of different preferences and behavioral impacts yields realistic customer feedback regarding offers or pricing changes. Central to buynomics is its groundbreaking Virtual Customer technology, which mimics consumer purchasing behavior not through a limited set of personas but through millions of Virtual Customers, each representing distinct preferences similar to those of real buyers. Consequently, businesses can achieve a more profound comprehension of market trends and consumer actions, facilitating better-informed strategic choices. Additionally, this innovative approach allows companies to stay agile in the face of market changes, ultimately leading to enhanced competitive advantages.

What is Competera?

Competera enhances the profitability of retailers and cultivates customer loyalty by leveraging artificial intelligence to create optimal, customer-focused pricing in real time. Our comprehensive platform merges Competitive Data with the Pricing Platform to fulfill all your pricing requirements effortlessly. - Competitive Data provides exceptional, real-time market insights with a 98% Service Level Agreement (SLA), offering a complete 360-degree perspective of the market. This empowers retailers to identify market trends and adjust their pricing strategies with confidence. - The Pricing Platform utilizes Contextual AI along with over 20 demand influencers to deliver real-time pricing optimization across your entire range of products and sales channels. This enables retailers to make informed decisions with 95% accuracy, enhance basket values, and achieve a gross margin increase of up to 6%. Moreover, our platform significantly reduces the workload for pricing teams by as much as 70%, enabling your team to concentrate on strategic initiatives aimed at fostering growth. The investment for our solution is customized according to the number of SKUs managed, the extent of deployment, and the specific setup of your products, ensuring it aligns perfectly with your individual business requirements. This flexibility makes it easier for retailers to adapt to changing market dynamics and stay competitive.

Media

Media

Integrations Supported

Integrations Supported

Acumatica Cloud ERP
Alumio
Amazon EC2
Amazon Web Services (AWS)
Onebeat
Oracle CRM On Demand

API Availability

API Availability

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

By request
Free Trial Offered?

Supported Platforms

SaaS
Android

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

buynomics

Date Founded

2018

Company Location

Germany

Company Website

www.buynomics.com

Company Facts

Organization Name

Competera

Date Founded

2017

Company Location

US

Company Website

competera.ai/brand-pricing-platform

Categories and Features

Pricing Optimization

Competing Product Analysis
Forecasting
Market Analysis
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis

Categories and Features

AI eCommerce

Not specified

Competitive Intelligence

Alerts/Notifications
Competing Product Analysis
Trend Analysis
Website Monitoring

eCommerce Analytics

Not specified

eCommerce Tools

Not specified

Price Monitoring

Not specified

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

Retail Analytics

Not specified

Retail Management

Reporting/Analytics
eCommerce

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