DataWeave Retail Intelligence is designed to help retail businesses measure the performance of their stores against leading competitors with a powerful analytics and intelligence engine. With its intelligence technology, DataWeave users enables users to collect and analyze millions of data points from any geographic locations or languages, and turn them into real-time and actionable insights.
The software delivers real time analytics at scale and provides users relevant data, ranging from pricing and assortment intelligence, in depth product feature based analytics, promotion analysis, and catalog benchmarking and analysis.
For executives, this platform reveals how their business is perceived in contrast to other stores and use the data they gather to supplement their internal analytics. Category managers use DataWeave Retail Intelligence to help them devise and implement ways to further enhance their offerings and promotions, and to get access to Rest APIs they can use to integrate the system with the rest of their software infrastructure.
Show MoreAggregating and analyzing raw data and turning them into useful, relevant, and actionable business insights is now an essential processes especially for retail businesses that want to stay ahead and stay competitive. DataWeave Retail Intelligence lets them do that and more.
With its powerful intelligence engine, DataWeave Retail Intelligence enables users to follow and analyze millions of data points from multiple sources on a regular bases. The system offers advanced features and tools to help business gather data in any format and from any language.
Once data is aggregated and analyzed, people from the executive enjoy clear visibility of their competitors and how their businesses fare against them. The platform is also implemented to see how other business react to their business strategies.
Category managers can easily see and address the gaps in their catalogs. DataWeave also gives them significant data to help compare and monitor their promotions and how they stack up against the competition. Simply put, DataWeave Retail Intelligence makes it easy for a manager to identify the strongest points as well as the weaknesses in the business’s performance, and helps them come up with smarter business decisions to steer their business to success.
By being able to analyze competition at a bigger scale, businesses can easily improve the margin of their products, compete against products by offering better prices, and assess the reaction of the competition to see how they intend to respond.
Show MoreUse Case 1: Margin Expansion & Top line growth
One of DataWeave’s clients was focused on improving margins. The company worked closely with them to help them identify about 15% of their products on a daily basis which were priced lower than their competitors by up to 20%. This was able to help them achieve an incremental 3% in gross margin.
Use Case 2: Assortment Gap
One of the clients was preparing for a thrust in the upcoming festive season on specific electronics categories. One of these categories was Televisions. The client asked the company to help him identify brands, price points, Screen types & screen sizes along which their assortment was weak. DataWaeve’s team was able to give him specific information using nothing but his product’s portfolio. This helped his TV sales grow by more than 25% over the previous season.
Use Case 3: Catalog Insights
Another client was concerned about the quality of his catalog for specific categories. The company worked with him to help him identify for which specific product types their catalog was sub-optimal. Eventually, they identified a set of 15 product types which were focus areas and helped them to enhance their catalog in those product types. As an outcome of the catalog enhancement process the client recorded an 3% increase in sales throughput for those products.
Since companies have their own business requirements, it is only prudent that they avoid purchasing an all-encompassing, ”best” system. Just the same, it would be futile to try to find such an app even among well-known software products. The clever step to do should be to shortlist the several main functions that require careful thought like major features, packages, skill levels of the employees, company size, etc. Next, you must double down on the product research fully. Have a look at these DataWeave Retail Intelligence review articles and look over the other software products in your list more closely. Such comprehensive product research ensures you stay away from ill-fitting software products and pay for the one which provides all the benefits your business requires in growing the business.
Position of DataWeave Retail Intelligence in our main categories:
DataWeave Retail Intelligence is one of the top 500 Business Intelligence Software products
DataWeave Retail Intelligence is one of the 500 Sales Tools products
If you are considering DataWeave Retail Intelligence it could also be beneficial to examine other subcategories of Business Intelligence Software gathered in our base of SaaS software reviews.
Organizations have different wants and requirements and no software solution can be perfect in such a condition. It is futile to try to find a perfect off-the-shelf software app that meets all your business needs. The smart thing to do would be to modify the system for your unique requirements, employee skill levels, finances, and other elements. For these reasons, do not hurry and invest in well-publicized trendy solutions. Though these may be widely used, they may not be the perfect fit for your particular wants. Do your homework, look into each short-listed application in detail, read a few DataWeave Retail Intelligence Business Intelligence Software reviews, contact the vendor for explanations, and finally settle for the application that provides what you require.
DataWeave Retail Intelligence Pricing Plans:
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DataWeave Retail Intelligence Pricing Plans:
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DataWeave SMB and enterprise pricing information is available only upon request. Contact the company directly for more details on the pricing.
We realize that when you make a decision to get a Business Intelligence Software it’s vital not only to learn how experts score it in their reviews, but also to discover whether the actual users and businesses that purchased this software are indeed satisfied with the product. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and DataWeave Retail Intelligence reviews across a wide array of social media sites. The information is then displayed in a simple to digest way revealing how many clients had positive and negative experience with DataWeave Retail Intelligence. With that information at hand you should be equipped to make an informed business choice that you won’t regret.
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DataWeave Retail Intelligence is built on Rest APIs and can integrate with any products/services that can connect with Rest APIs.
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