Real-time updates to capture market and customer demand opportunities
Dynamic optimization of prices to maximize sales, profit and competitive position.
Automatic monitoring and adjustments to ensure competitive price positioning
Best-in-class price elasticity and demand forecasting
Focus on the biggest opportunities first and get daily performance updates
Book a call to see how Profitmind can immediately help your business to deliver more sales and profits. ROI in 4-8 weeks.
Using an advanced multi-modal AI system, Profitmind provides real-time monitoring of all your competitors prices and promotions. Ideal for navigating the impact of inflation, tariffs and competitive price competition.
Profitmind analyzes every product for market and customer demand opportunities, making recommendations based on competitive price position, sales, and profit opportunity analysis. To perform this analysis, Profitmind uses state-of-the-art deep learning models to provide the most accurate predictions possible.
Profitmind prioritizes the price actions that best meet business revenue, profit and competitive goals. Once an action is taken, Profitmind provides daily tracking and reporting on the impact of the actions. Following an action, your business will have clear quantification of results, so you know whether the decision was beneficial and how the price changes are performing against the predicted outcomes. Profitmind will learn from this measurement and tracking and become even more accurate over time.
"With Profitmind, we've created a shared, common language and understanding of the markets. Profitmind's verbal descriptions help the entire team follow along and contribute effectively.”
Take a look through some of our more common questions. Still have a query? Get in touch.
Profitmind serves customers across the Americas and Europe, with capacity and ability to expand.
Profitmind is the AI intelligence layer that sits above the retailer’s systems for managing pricing, inventory, merchandise planning, product development, etc. It is designed to integrate into the existing processes and make them more efficient, notably the Monday meeting or other analysis and decision-making processes. Once decisions are made on Profitmind’s recommendations, they are exported in the format of choice to the appropriate execution system.