What is DataWeave?
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What is DataWeave?
Data to enhance top line and bottom line by basing strategic pricing decisions on accurate data. Offer online shoppers the most competitive prices by promptly adapting to consumer demand and rivals’ pricing. Optimize margins with pricing that’s just right. Evolve from speculative price changes to basing decisions on data-driven recommendations. Stay on top of market moves by setting alerts to keep an eye on price changes across crucial SKUs, categories or brands.
Maximize sales by spotting emerging trends and filling your assortment with in-demand products. Can be used to keep shoppers happy by proactively identifying gaps in your catalog and potential disruptions to avoid out-of-stocks. Identify and act on high-demand gaps in product assortment, relative to top competitors. Track and compare the breadth and depth of your product assortment to act on areas of improvement along price ranges, product categories, brands and more.
A tool used to outperform rivals by responding to growing consumer demand for deals. Designed to enable users to run smarter, data-driven online promotions using detailed insights on competitors' campaigns. Analyze historical patterns to anticipate and respond to potential outcomes. Correlate promotions (and competitors’) with sales volume fluctuations to pinpoint exactly where to focus promotional expenditure. Optimize marketing by tracking the seasonality of product types, brands and product attributes featured in your competitors’ promotions.
DataWeave Technical Details
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Room for Growth
- Advise on pricing
- Utilization more toward service
- Additional means of research for data
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