Clothing and footwear, pet supplies, automotive parts, and other category-focused or specialty retailers see traffic levels and sales of specific products vary on a day-to-day basis and differently across stores and markets. Planalytics’ predictive demand analytics enable companies to adjust inventories based on when, where, and how much the sales of specific products will increase or decrease due to the weather, the most omnipresent external driver of consumer purchasing.
Retailers that integrate Planalytics’ predictive demand analytics grow profit margins through increased sales (improved availability/fewer out-of-stocks), lower costs (e.g. inventory carrying costs, markdowns, etc.), and/or more effective use of marketing dollars (e.g. improved ROAS, etc.). For more details, we invite you to request a financial benefit estimate for your business.