Audience

Manufacturers and retailers interested in an AI and machine learning platform to handle pricing decisions – improving profits and sales

About PriceMind

Retailers and e-commerce vendors share many, similar challenges such as unsold inventory and determining what optimal pricing is based on numerous factors such as inventory value, competitive landscape, the calendar and consumer sentiment. To solve many of these challenges, NextOrbit has developed technology which uses AI and ML to help sellers determine what to price their products. The solution consists of the following components: The NextOrbit PriceMind platform applies AI and Machine Learning to pricing decisions – improving profits and sales. The NextOrbit DemFor performs demand forecasting resulting in better inventory turns (more sales with the same or lesser inventory). The NextOrbit PriceEye competitor price discovery platform discovers competitors, and alerts you of their prices daily (or as often as your want). Intelligent Demand Forecasting Machine learning and human judgement - We help combine best of both worlds. We incorporate the impact of local events

Integrations

No integrations listed.

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Company Information

NextOrbit
Founded: 2014
India
www.nextorbit.com/en/

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Product Details

Platforms Supported
Cloud
Training
Live Online
Support
Phone Support
Online

PriceMind Frequently Asked Questions

Q: What kinds of users and organization types does PriceMind work with?
Q: What languages does PriceMind support in their product?
Q: What kind of support options does PriceMind offer?
Q: What type of training does PriceMind provide?

PriceMind Product Features

Pricing Optimization

Forecasting Supported
Market Analysis Supported
Price List Management Supported
Pricing Analytics Supported
Profitability Analysis Supported
Channel Analysis Not Supported
Competing Product Analysis Not Supported
Multi-Store Management Not Supported
Price Optimization Automation Not Supported
Scenario Planning Not Supported