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Fract Territory Review
What is Fract Territory?
Fract Territory is an intelligent territory management solution that helps franchisers drive sales across different locations. It automatically maps your territory to the interface together with parameters like demographics and income.
Additionally, Fract Territory helps you discover hidden factors that affect sales. Its AI (Artificial Intelligence) module delves into your data to give you comprehensive insights into your customers and locations. Thus, you can uncover what factors drive your consumers to buy your goods.
Furthermore, Fract Territory offers flexibility. With it, you can map and design territories on any of your devices. You can start on your laptop, continue on your tablet, and finish it on your phone.
Show MoreOverview of Fract Territory Benefits
Ideal Customer Profile
Fract Territory delves into your data with its AI-powered W3 dataset to determine the characteristics of your ideal customers. It creates a profile based on demographics and behavior patterns and during the process, uncovers hidden factors that drive consumers to make purchase decisions. You can then leverage this in your decision-making regarding the locations of your franchises.
Territory Analytics & Scoring
Fract Territory’s territory scoring algorithm ascertains the ability of a location to bring in more sales and revenue. It does so by studying amplifiers, competitors, ideal customer profile density, and the overall demographics of the population in the area.
More than that, Fract Territory tells you whether you are selling well in a location and the reasons or factors why. Thus, you can apply mitigating actions to offset possible losses.
Predictive Analytics
Fract Territory offers predictive analytics built on machine learning to help you come up with smarter territory strategies. This feature also helps you foresee the demand for goods in your newly-opened branches. This way, you can build trade areas for your business and your competitors’ locations, which are founded on sales and peak hours.
Driving Factors Analytics
The weather, events, and places of interest in a location can either drive sales or lead to loses. Fract Territory assists you in learning how such variables can affect your sales and how much you can possibly earn or lose. You can see this according to time, area, by store, and other metrics. By knowing this information, you can find ways to attract more sales and to prevent loses.
Impactful Parameters
Fract Territory’s store analytics tells you what factors affect the sales of your store locations. It considers the opening year, store size, parking availability, product range, public feedback, and other parameters. Together, these let you know how much pulling power your stores have so you can improve them.
Granular Demographics Information
Fract Territory has a demographics engine that offers demographic information for all territories. These are not simple overviews. These are granularly detailed data that include lifestyle segmentation, market potential, and consumer expenditure so you can better align your strategies to a certain locality.
Show MoreOverview of Fract Territory Features
- Automatic Territory Mapping
- Ideal Customer Profile
- Signal Statistics
- Insights & Reports
- Territory Visualization
What Problems Will Fract Territory Solve?
Use Case 1: Franchise Expansion
A business already has some assumptions with regard to its target market based on available data and market research. The marketing team works on an advertisement campaign based on this data but they achieve only a low conversion rate. They complement their data with information from their POS system in Fract, which the AI interprets together with public geospatial data. The Fract AI then discovers that current assumptions are different from the actual revelations. With its findings, the company is able to find out who their customers really are and come up with enhanced targeting campaigns.
Use Case 2: Improved ICP
A company with an ICP based on their existing demographic and psychographic data yields an information tidbit that 50% of their ICP purchase a cup of coffee in the morning on their way to work. Since ICPs are modeled after real individuals, it can be assumed that half of their target market like to have coffee before their daily grind.
With this information, the said company can take advantage of the ICPs coffee habit by connecting it with their local salons in the targeted campaign. They collaborated with coffee shops that provided a win-win situation for all parties, something that would not have been possible without an in-depth ICP.
Use Case 3: Territory Creation
A commercial organization discovers that assigned zip codes to local franchises are being ignored, thus, high-potential areas are unserved. This is due to the updates on the zip codes. Fract Territory created a new process for building territories, which is adaptable to the variable demographics and can be relied upon to maximize revenues.
Awards & Quality Certificates
Fract Territory Position In Our Categories
Knowing that businesses have distinct business requirements, it is logical they abstain from settling on a one-size-fits-all, ideal software solution. Needless to say, it would be futile to find such application even among recognizable software systems. The efficient step to undertake is to make a list of the several significant factors which entail research such as crucial features, price plans, skill aptitude of staff, business size, etc. After which, you should double down on the product research to a full extent. Have a look at these Fract Territory evaluations and check out each of the software products in your list in detail. Such detailed research guarantee you weed out mismatched software solutions and subscribe to the one which offers all the aspects your company requires to achieve growth.
Position of Fract Territory in our main categories:
TOP
500
Fract Territory is one of the top 500 Business Intelligence Software products
If you are considering Fract Territory it might also be sensible to investigate other subcategories of Business Intelligence Software gathered in our base of SaaS software reviews.
It's important to realize that virtually no app in the Business Intelligence Software category is a perfect solution able to fulfill all the needs of different business types, sizes and industries. It may be a good idea to read a few Fract Territory Business Intelligence Software reviews first as certain software may dominate only in a very narrow group of applications or be created with a really specific industry in mind. Others may work with an intention of being easy and intuitive and therefore lack advanced functions desired by more experienced users. You can also come across solutions that cater to a large group of users and provide a rich feature base, however that usually comes at a higher price of such a solution. Ensure you're aware of your requirements so that you choose a software that has exactly the elements you look for.
How Much Does Fract Territory Cost?
Fract Territory Pricing Plans:
Free Trial
Starter
$299/month
Pro
$599/month
Pro-Plus
$1,199/month
Enterprise
Contact vendor
What are Fract Territory pricing details?
Fract Territory Pricing Plans:
Free Trial
Starter
$299/month
Pro
$599/month
Pro-Plus
$1,199/month
Enterprise
Contact vendor
Fract Territory offers four options for enterprise pricing: Starter, Pro, Pro-Plus, and Enterprise. The inclusions of these are outlined below to help you decide which one is the best for your needs.
Starter – $299/month (annual billing)
- 2 Users
- 2 Projects
- 100 Territories
- Data & Demographics Engine
- Map Engine
- Territory Management
- Bivariate Map for Demographics
- Ideal Customer Profile
Pro – $599/month (annual billing)
- All Starter Features
- 5 Users
- 10 Projects
- 400 Territories
- Auto-territories for Locations & Regions
Pro-Plus – $1,199/month (annual billing)
- All Pro Features
- 10 Users
- 20 Projects
- 1,000 Territories
- Bivariate Map for Sales
- Trade Areas Engine
- Territory Insights Dashboard
Enterprise – custom pricing
- All Pro-Plus Features
- Custom Number of Users
- Custom Number of Projects
- Unlimited Territories
- Store Sales Forecast
- Smart Dashboard
- Geospatial Sales Analytics
- Places of Interest Analytics
User Satisfaction
Positive Social Media Mentions
0
Negative Social Media Mentions
0
We realize that when you choose to purchase a Business Intelligence Software it’s crucial not only to find out how professionals evaluate it in their reviews, but also to find out whether the real users and companies that purchased this software are indeed happy with the service. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Fract Territory reviews across a wide array of social media sites. The data is then displayed in a simple to understand way revealing how many people had positive and negative experience with Fract Territory. With that information at hand you should be equipped to make an informed purchasing choice that you won’t regret.
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Annual Subscription
- Quote-based
Customer Types
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Fract Territory?
Fract Territory can integrate with the following third-party services and solutions:
- Google Maps
- Amazon Web Services
- Bing Maps
- Recurly
- Intercom
- ArcGIS
- MailChimp
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