Predict Overview
Graas' new Predict feature is a tool designed to empower businesses with advanced predictive analytics. With Predict, you gain access to tailored strategies and insights that can be customized as per your business goals.
Steps to access the Predict
Log in to Graas > Click on Predict
Here's how Predict works:
Predict analyzes data from multiple sources to provide personalized recommendations aligned with your specific business goals.
Benefits of using Predict :
- Informed Decision Making: Leverage historical data and insights to make data-driven decisions
- Enhanced Performance: Fine-tune your sales and marketing strategies and optimize costs efficiently
Recommendations are categorized based on 4 key business objectives.
- Sales Growth
- Cost Optimization
- Best Practices
- Campaign Checklist
Each category of recommendation can be further drilled down on the basis of strategy. (e.g., Create new promotions, Add Stock, Increase Budget, etc.)
1. Sales Growth
This section highlights opportunities to increase sales.
- From increasing the budget for pivotal campaigns to tapping into new revenue streams, each recommendation is backed with an estimated financial impact and a timeframe for implementation.
2. Cost Optimization
This segment is your go-to for enhancing budget efficiency.
- Actionable recommendations aimed at reducing expenses while maintaining campaign performance.
- Ex: Adjusting inventory levels or reallocating marketing budgets.
3. Best Practices
Maintain business hygiene with best practices.
- This section provides guidelines and checklists to ensure you are following industry standards.
- Ex: Improving campaign efficiency and enhancing customer engagement.
4. Campaign Checklist
Prepare for your sales campaigns and product launches with comprehensive checklists tailored to maximize success.
- Transactions on marketplaces are driven by big sale days campaigns. This section equips you with recommendations to enhance operational efficiency and deepen customer engagements.
Related Article(s):
Sales Growth
Cost Optimization
Best Practices
Campaign Checklist