Data-Driven Retail Assortment Optimization

Stop relying on manual work to determine which product mix to carry and start capitalizing on data. Retailscape uses machine learning to surface product gaps and deliver data-supported assortment optimization recommendations for retail.

assortment gap management, gap analysis, assortment for retailers
assortment gap management, gap analysis, assortment for retailers
ABOUT

Assortment Optimization: Maximize Market Opportunity

Value matters to shoppers – and it’s about more than just prices.

Today’s shoppers aren’t making comparisons based on prices alone. Things like quality, convenience, and relevance are all major aspects of a shopper’s purchase decision. If you’re not stocking the products your customers want, they’ll easily find what they’re looking for elsewhere. Leverage omnichannel competitive data and machine learning to perfect your product mix.

ASSORTMENT GAP MANAGEMENT
  • Evaluate brand and product gaps by category and competitor
  • Prioritize assortment opportunities with simple rankings
  • Seamlessly integrate your sales data from NPD, IRI, or Nielsen
  • Quantify the potential revenue impact of new products

ML-DRIVEN PRODUCT MATCHING

  • Achieve scalable match coverage for national brands, perishables, and private labels
  • Understand assortment overlaps and category gaps
  • See all matches in your customized match library
TESTIMONIALS

“I think a lot of what’s driving traffic – beginning in Q3 – is around our data initiatives… pricing and promo activity with Bungee Tech.”

VP Category Management
Retail Customer

“We believe in the pricing analytics because I trust that the data coming in is complete and accurate.”

CEO
Ecommerce Health Retailer

“Bungee Tech sets the bar when it comes to data. They’re delivering high-level insights. No one compares, in terms of reliability and responsiveness.”

Head of Pricing
Omnichannel Pet Retailer

“Bungee Tech provides the best product matching for our data needs. This data, which includes internal and external data sources, has significantly improved our ability to track the omnichannel competitive landscape.”

Market Insights Manager
MARS Petcare
KEY BENEFITS

Actionable Retail Assortment Intelligence

Competitive Analysis

Analyze competitor assortments to determine gaps and overlaps. Analyze market intelligence for better assortment decisions.

Delight Your Shoppers

Find out which products are relevant to your customers in the categories you operate.

Attribute Analysis

Use machine learning to identify gaps – in flavor, product size, or location – so you can fill them quickly.

Calculate Impact

Apply rules-based modeling to quantify potential revenue impact for new products.

ASSORTMENT OPTIMIZATION FEATURES

See the Whole Picture

OMNICHANNEL SOURCES

Collect price, promotion, and assortment data from competitor catalogs.

ACCURATE MATCHING

Harmonize all collected data and match products for assortment analytics.

assortment, measure success, data details
MEASURE SUCCESS

Produce the most accurate geo-specific analytics for assortment and pricing.

AUTOMATED ALERTS

Receive alerts based on pricing and assortment variances.

GROCERY RETAIL GUIDE

How to Conduct an Effective Market Basket Analysis

We’ve outlined best practices and tips for conducting a differential market basket analysis for grocery products.

OUR RETAIL SOLUTIONS

Pricing Analytics

Harness data to fine-tune your pricing strategy

  • Dive deep into pricing data to identify risk and opportunity
  • Track price changes and competitive position
  • Centralize and visualize your pricing data for actionable insights
competitive intelligence
competitive intelligence

Pricing Optimization

Set the perfect price for any product

  • Ensure pricing consistency across channels
  • Execute competitive prices based on your strategy
  • Set pricing rules and receive pricing recommendations
price, price changes, price compare
price, price changes, price compare

Competitive Intelligence

Be informed to be competitive

  • Receive data from hard-to-access sites and hard-to-match categories
  • Leverage ML-driven product matching to streamline competitive analysis
  • Improve decisions with a clear view of your position relative to competitors
pricing analytics
pricing analytics
GET STARTED

Stock the Products That Will Help You Stand Out

Get reliable, data-supported insights so that you can curate the optimal assortment that drives sales.

+ 50 %

Increase in catalog year-over-year

+ 25 M

Saved in inventory write-offs across categories

+ 30-500 %

Increase In Sales Based On Product Popularity And Category

10 X

Reduction in cleansing and auditing time

+ 200 %

Increase In Data Insights


INSIGHTS

Resources to Enhance Your Pricing

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ARTICLE

5 Grocery Pricing Stories that Shaped 2024 

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Data to Dollars: Achieving Success with Pricing Intelligence

From improved profit margins and competitive positioning to increased sales and customer satisfaction, pricing intelligence helps retailers achieve growth through actionable data and automation.  Pricing intelligence is the process of gathering, analyzing, and leveraging data on competitors’ pricing to make informed pricing decisions. Using pricing intelligence, retailers optimize and execute the best pricing strategy. Pricing

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What We Learned at Groceryshop: Technology, Flexibility, and Customer-Centric Strategies 

At this year’s Groceryshop conference, industry leaders shared valuable insights into how technology, customer engagement, and evolving trends are shaping the future of retail.   Here are some of the key takeaways from the sessions:  Remove Friction with Technology Technology is transforming a customer’s experience. Sam’s Club talked about its focus on using innovation to remove

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Webinar Recap: Why Grocers Need Flexible Pricing 

Grocery retailers face constant pricing pressure. Unlike discretionary purchases like TVs or clothing, groceries are essential, so shoppers want value every time they fill their carts. How can grocers deliver value while staying competitive and protecting margins?   Industry expert Scott Winburn joined Bungee Tech’s Matt Shachter to talk about the importance of a modern

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