• NextOrbit infuses intelligence into key retailers and brand decisions

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  • Discovering price-elasticity – by product, as well as by category

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  • Determining impact of competitor pricing

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  • Intelligent demand planning and store ordering

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  • Intelligent and dynamic pricing, and promotions

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  • Optimizing your working capital, and maximize sales and margins

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NextOrbit – Intelligent demand planning, adaptive pricing and intelligent store ordering to enhance sales and margins.
NextOrbit predictive algorithms work on retailer data combined with competitor pricing, weather and local events to create demand plans, procurement plans, adaptive pricing and store orders/ store allocations

Benefits

ABOUT THE PLATFORM

The NextOrbit platform builds demand and price-elasticity models by each product.

Pricing

A transparent monthly subscription model based on the number of stores and categories.

Engagement

You have the option to stop or pause any time.

Try & Buy

Per scope area. First try, if you like it then enhance scope.

Assurance

Never feel stuck. The no shelf-ware assurance.

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Online retail has seen an accelerated growth of more than 11% every year since 2011. The wide array of products, choices, convenience of shopping in your pajamas and most importantly cost has driven many a customer to shopping online. In fact, more than 25% of millennials believe traditional “brick-and-mortar” retail will be superseded by online retail...(Continue Reading)

Impact of out-of-stocks on sales and customer satisfaction

Situation:In the present time, everything is available in just a matter of seconds and therefore when a customer encounters an out-of-stock situation, he doesn’t tolerate it. Depending upon the necessity of the product the customer either substitutes it with something else available, or worse goes to another store to buy it...(Continue Reading)

Improvement in customer experience, in-stock position using AI and Machine learning

Large and medium scale companies depend on numbers i.e. the numbers of viewers buying their products and most of the focus in away from individual customer satisfaction. This could be taken advantage of by small independent companies. Out-of-stock situations occur more in case of individual shops due to the lack of planning and application of technology...(Continue Reading)

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