Consumer Goods
Build a competitive advantage powered by our proprietary Virtual Shopper technology
Introduction
Consumer goods include the most essential products we buy every day. Demand for this category of products weathers even the most uncertain of times. But with disruption in the product landscape, business models, and purchasing channels at full throttle, getting a competitive advantage is becoming ever more difficult. Brands need to become leaner, faster, and more efficient to succeed in their revenue management. buynomics helps them do exactly that.
Key challenges consumer goods companies face
Constant promotion pressure
With promotions being the second largest item on the P&L, CPGs need to make sure their frequent promotions are optimized for their revenue and profit KPIs.
Need for profitable solutions
CPGs have relatively low net margins driven by strong competition and retailers. But costs for data insights are quite high with low ROI. Better alternatives are needed to provide sustainable, scalable value to CPGs.
Frequent price and pack changes
With inflation, immense competition and changing consumer trends CPGs are ever more under pressure to change their prices and PPA on a continuous basis rather than reviewing them on an annual basis. One-off projects with high cost, long cycles and unclear outcomes cannot keep pace with these developments.
Find out how buynomics helps CPGs tackle these challenges
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Price Optimization
Reliably predict consumer behavior to make better and more profitable price decisions
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Product Development
Explore new possibilities in product development powered by our proprietary Virtual Customer technology
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Annual Commercial Planning
Evidence-based commercial planning software powered by reliable predictions of consumer behavior
Key product features
buynomics' Virtual Shopper technology offers various features for revenue managers:
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Channel optimizer
Optimize your channels and trade terms with bespoke offerings that best fit the consumers’ preferences.
Scenario analyzer
Create and compare an infinite number of scenarios considering price changes, portfolio changes, promotions or any number of combinations thereof to determine your best strategic course of action.
Wargaming capability
Simulate competitors’ actions and reactions to determine the effect on your own portfolio as well as the best strategic response.
KPI comparison
Optimize core KPIs like profit, units, volume and revenue in a few clicks.
Analytics suite
Gain deep analytical insights including elasticity- and demand curves for all products.
How you can benefit with buynomics

Profitability
Maximize profits across your portfolio

Speed
Faster decision-making – get insights in minutes instead of months

Accuracy
With R² up to >95% we are up to 10 times more accurate than legacy solutions
Do you want to know more about how buynomics can help you?