The Best Retail Analyst. Ever.
Incredible Results. Guaranteed.*
Expert Insights.
Automated.
The Best Retail Analyst. Ever.
Move away from analysis in siloes, to analysis that considers data across your business.
Automated. Accurate. Actionable.
Pricing Analysis
Quantification of revenue and profit using price optimization models
Competitive Analysis
Real-time price and assortment analysis compared to all key competitors
Strategy Analysis
Analysis of where you can improve vs. your business objectives
Inventory Analysis
Analysis of inventory productivity across all SKUs and resulting opportunities
White Space Analysis
Analysis of performance and the marketplace looking for growth areas
Prioritization
Each opportunity is prioritized so focus goes to the highest impact insights
Assortment Analysis
Identification and quantification of assortment expansion opportunities
SWOT Analysis
Analysis of strengths, weaknesses, opportunities & threats to the business
Summarization
Concise executive level summarization of findings and the implications
profitmind insights
“Our products are priced 10% below our key competitors. A 5% increase would generate $2.5 million in sales and profits.”
This is an example of how profitmind combines competitive analysis and pricing analysis
Current Skills
profitmind is trained to continuously perform the following analyses for your business and to combine findings in each area into a rounded set of regularly updated recommendations.
Price Optimization
Automatic identification of the revenue and profit maximizing price for each of your items; so you will always know how to maximize profits and revenue.
Competitive Analysis
Full visibility to competitor prices and assortments and how they compare to your prices and assortments.
Promotional Analysis
Analysis of your promotional activity compared to your competitors to identify areas of opportunity.
SKU Rationalization
Identification of underproducing SKUs and how working capital can be freed up to fund growth in other areas of your business.
Product Matching
Analysis of each of your items vs the competition. Each product is competitively matched in the same way a customer would consider product substitutes.
80+ Languages
Analysis and recommendations are possible from Albanian to Welsh and 80 languages in between.
White Space Analysis
Analysis of your marketplace and the identification of areas where you likely have growth opportunities.
Item Title
Executive Reporting
Trained to provide concise insights on each finding, explaining what was found, how it was found, and the implications to the business.
Market Price Strategy
Tracking and alerting when competitors change price or add new promotions that impact your market price strategy.
The Best Retail Analyst. Ever.
profitmind continuously analyzes your business, finding and quantifying revenue, profit and working capital opportunities.
Types of Insights Provided:
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Executive Summary of Findings
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Top Opportunities Found
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SWOT Analysis Findings
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Analysis of business strengths, weaknesses, opportunities and market threats.​
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Strategic Objective Analysis
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How to maximize market share and profits​
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Health Status vs Strategic Objectives
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Assessment of Pricing, Assortment, Inventory and Competitive Position vs Business Goals​
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Detailed Insights:​
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Pricing vs Competition​
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Pricing Opportunities (Revenue and Profit growth areas)
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Promotional Analysis vs Competition
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Price Changes vs Competition Over Time
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Good, Better, Best Pricing vs Market Pricing Over Time
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White Space Analysis and Market Opportunities
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Inventory Productivity Analysis and Working Capital Opportunities
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Assortment Analysis and Expansion/Contraction Opportunities
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Price Percentile Positioning in the Market
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Products Outside of Price Parameters vs the Competition
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Optimization of Revenue and Profit vs Price Changes
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Quantification of All Opportunities Found​
