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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 PriceBeam?
Are your pricing strategies excessively high or perhaps too low? Have you considered what your customers are truly willing to spend? Additionally, what specific benefits or features might prompt them to pay a premium? A staggering 88% of pricing decisions rely on guesswork, intuition, or simply repeating the prior year's prices, which can lead to either inflated prices that deter sales and erode market share or undervalued prices that forfeit potential revenue. PriceBeam’s cloud-based platform offers precise and scientifically-backed insights into pricing strategies.
With PriceBeam, businesses can enhance their market position through:
- Fine-tuning existing pricing in relation to competitors
- Establishing prices for new product launches
- Strategizing pricing for entry into new markets
- Enhancing communication of value to customers, as understanding what they appreciate can lead to increased willingness to pay.
Moreover, it aids in maintaining brand health and optimizing product assortments while rationalizing SKUs. PriceBeam's services are accessible globally, spanning across 109 countries, making it a valuable tool for businesses everywhere.
Integrations Supported
Additional information not provided
Integrations Supported
Additional information not provided
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site 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
PriceBeam
Date Founded
2016
Company Location
United Kingdom
Company Website
www.pricebeam.com
Categories and 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
Categories and 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