Overview
Large retailers have adopted new technologies and predictive analysis to forecast their sales and demand, and it is high time for smaller grocery retailers to adapt to new data-backed strategies to keep up with the competition. Impact Analytics has been providing large grocery retailers with holistic solutions which helped them increase their margins and revenues. However, Impact Analysis has also started providing small retailers with the most relevant tools and solutions to hold with the competition issued by large retailers.
Products
PromoSmart
PromoSmart assists hospitality sector to plan, manage and execute their promotions as per their target prospects.
MarkSmart
MarkSmart develops the framework of price change experiments in the grocery store across a network.
Demand Forecasting Engine
Demand data at the granular level provided by Demand Forecasting Engine department has always assisted Grocery industries in identifying their target audience in a particular sector.
Solutions
Achievements

Enhanced Promotional Strategies
$4.5 Million to EBITDA for a pet supply retailer. Enhance promotions with PromoSmart

Margin Savings for Pet Retail
$3.5 million bottom-line savings for a speciality pet retailer. Improved customer segmentation and churn models

Store Rationalization
~5% improvement on the bottom line for US grocery store. Optimized vendor spending with SKU Rationalization