Retailer’s Guide to Corona Epidemic
Retail business operates on a fragile margin, the impact of the coronavirus is driving the world economy towards a recession. From analyzing the historical data during past recessions
We develop reliable price elasticity and seasonality coefficients.
One of the most important factors in understanding customer behavior is price elasticity, we will deploy our algorithms to compute accurate coefficients.
We help understand and react to your competitors.
We help understand which competitor matters to you and by how much. A pre-determined reaction helps you realize more margins while improving competitive position.
Assortment
The immediate impact of the recession can be seen in changing consumerneeds and preferences. This is different in the short term vs long term.
Cost Changes
Various factors such as supplier costs, exchange rates and energy pricesresult in rapidly changing costs.
Sensitivity
Reduced consumer income impacts the price sensitivities of the entireassortment. Calculations from regular market conditions are no longer
Repositioning
Realigning the entire strategy of retailing to deliver on an Every Day LowPrice (EDLP) will become more relevant for the immediate future.
Services

We deliver custom solutions for our retail and CPG clients through our team of strategists, mathematicians and engineers.

Some examples of our services include:
Strategy Consulting
We provide analytics based pricing strategies to retailers.
Pricing and Promotions
We help find the right price and promotion for retail products.
Competition Modeling
We model competitive data to help you understand the impact of competition by product and location.
Merchandizing
We help retailers find the right assortment in real time.

Custom Algorithm DevelopmentWe understand the unique needs of your business.Standardized Best PracticesWe also bring standardized tools of the industry.

OUR EXPERIENCE/ EXPERTISE

Over a decade of working with top retailers around the world.

Retailing with Electronics presents a unique challenge given the short life cycle of products and extreme competitive pressure.We have experience of working with over 5 large multi-billion dollar retail chains, helping them use mathematics to improve gross margins.

Operating on thin margins, retailers face the challenge of carrying the right assortment at the correct price across stores in varied geographic regions.Our experience includes consulting for two of the top three retail chains in the United States and building mathematical models to understand sales data across 10,000+ categories.

Driven by changing trends, seasons and lagged supply chains. These categories demand a high level of planning and optimization.Our models help understand short trends, seasonality and apply strategies based on inventory levels and the demographics of the visitors by store.

While convenience stores are relatively immune from the pressure of online competition, they pose the challenge micro managing the assortment and product availability.We have expertise of working with some of the largest convenience store chains in Latin America and the United States. Our models help develop and monitor effective merchandizing strategies.

FEATURES

Why we are Unique?

CustoLogix is a dynamic team of professionals with a high degree of expertise and experience in retail analytics. Here is why we are unique:
Retail Mathematics
Our team of mathematical modeling experts have a high degree of specialization with retail sales data modeling.
Retail Expertise
We have gotten our hands into the nuts and bolts of retail operations including opening our own retail store.
International Experience
We have experience of implementing mathematics based retail solutions in four continents over ten years.
Professional Deliverables
We have worked as preferred partners to Ivy league consulting companies and professionalism come standard.
Efficient Resource Allocation
While we have highly qualified experts, who develop blue prints and monitor projects, we use a global team to reduce overall costs.
Intellectual PropertyDevelopment
We develop custom intellectual property for your business needs and will be yours to use in the future.
Tesimonials

Our Customers Like Us.

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