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FutureMargin

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Verified User in Retail
UR
Verified User in Retail
02/26/2019
Validated Reviewer
Review source: Organic

Great tool!

FutureMargin is really great tool, we used it from beta version. We have seen impact on our business immediately after implementation.
Michal M.
MM
Michal M.
CEO, Martinus.sk
11/16/2018
Validated Reviewer
Verified Current User
Review source: Organic

Very solid results from Day 3

The demand forecast tool was quite easy to implement and we saw uplift in one of the most important KPIs (percentage of orders we can dispatch directly from our warehouse, without backordering items at our suppliers) within few days. As we have hundreds of thousands of live items at our e-shop, it is especially useful for mid- and long-tail items, with estimates of 2-5 pieces sold in next 14-30 days, which usually goes under the radar for the product managers. And we are amazed by precision of the estimations, in most cases far exceeding those of regular human product managers.

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What is FutureMargin?

FutureMargin is a cutting-edge tool designed to assist retail businesses in optimizing their pricing strategies using machine learning algorithms. By analyzing historical sales data, market trends, and customer behavior, FutureMargin offers retailers predictive analytics to help them set competitive and profitable pricing. The platform's intuitive interface allows businesses to forecast demand and adjust their prices dynamically, ensuring they stay ahead of the competition while maximizing their margins.

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