Retail Media Analytics
Retailers need robust analytics support to boost revenue and engage their audience effectively. At Matrice6, we equip our clients with the right analytics capabilities to manage their retail media network holistically. Our comprehensive approach covers product analytics, ad and media planning, measurement and reporting, customer behavior, and insights. We help businesses leverage first-party data, monetize it, and enhance onsite and offsite shopper experiences, benefiting both brands and retailers.
Customer Analytics and Recommendation Optimization
Adapting growth strategies according to shifting customer preferences is crucial for staying ahead in the market. We empower our clients with a 360-degree view of their customers across touchpoints, channels, and engagement strategies. And with these insights, we help our clients in designing a personalized recommendation engine to enhance their offerings while delivering a seamless digital and offline customer experience for maximizing conversion.
Supply Chain Optimization and Warehouse Assignment
Supply chain optimization and streamlined warehouse management will enhance operational efficiency and ensure timely delivery. Our approach includes the development of end-to-end supply chain visibility systems to identify process gaps and untapped opportunities. Using our interconnected solution architecture, retailers can maximize inventory stocking based on geography, store, brand, and category-level trends.
Sales Forecasting and Inventory Management
Predicting demand and identifying potential opportunities can help businesses create and design strategies to drive revenue. At Matrice6, we excel at developing adaptive and multi-scenario forecasting systems that are integrated with business processes to overcome disruptions and market fluctuations. Insights generated from these systems are utilized to optimize safety stock estimation, thus avoiding lost sales and preventing poor customer experience. Additionally, our innovative and advanced algorithm design ensures continual performance enhancement for retailers.
Pricing and Profit Optimization
Selling a product at the right time and at the right price can help retailers stay ahead of the curve. By analyzing substitutability and affinity, we optimize brands and adopt a private label strategy to maximize profit without compromising customer preferences.
Merchandising and Assortment
In today’s competitive landscape, enhancing merchandising and assortment planning is essential for retailers. By developing optimized and localized assortment plans that cater to various customer segments and regional preferences, we specialize in delivering a one-of-a-kind experience to our clients. We also ensure planogram planning compliance through advanced image analysis and video data utilization.
Customer Loyalty Analytics
Nurturing lasting relationships with customers is the cornerstone of growth in the retail industry, leading to repeat sales and brand advocacy. We help our clients achieve this by developing dynamic Lifetime Value (LTV) models based on customer engagement and personas. By also integrating loyalty mechanisms with recommendation frameworks, we enhance customer retention strategies, ensuring that customers stay engaged and committed to the brand.