Predict : Best Practices
Predict’s Best Practices feature offers data-driven recommendations to meet best practice standards in the eCommerce industry.
Steps to access Best Practices
Click on Predict > Best Practices
Predict focuses on several key areas to maintain ecommerce business hygiene and efficiency:
- Inventory Management:
Keep optimal stock levels to meet demand and avoid overstocking or stockouts. Predict uses historical sales data and market trends to recommend the optimal inventory levels.
- Pricing Strategies:
Predict suggests pricing adjustments based on market trends and competition. Implement effective pricing models to attract customers and maximize revenue.
- Customer Engagement:
Enhance interactions and improve satisfaction with personalized, data-driven strategies. Predict offers insights on how to better engage and retain your customers.
- You can also set any strategy as default by clicking on " Set as Default"
- Click "View Details" on any recommendation card to understand the underlying analysis and data driving these suggestions
Related Article(s):
Predict Overview
Sales Growth
Cost Optimization
Campaign Checklist