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The First Insight software solution provides a prediction of relative demand at each price point, allowing for a more comprehensive product pricing strategy. Plan your pricing and promotional strategies to maximize sell-through of new products with no sales history.
With real-time customer feedback, our results are proven to be 50-100% more accurate than in-store testing and are delivered with speed and scale through our retail business analytics platform.
New products are the lifeblood of retail. With First Insight's predictive analytics and the voice of the customer you can be sure your new products are brought to market with success. Get the most out of each sale by maximizing margins and sales potential.
First Insight gives you actionable consumer-driven data through predictive analytics to significantly increase your forecast accuracy. By integrating this information into your planning systems, you can add the Voice of the Customer to your historical and trend data for a more efficient inventory strategy. Rationalize lines and SKUs to do more with less and make your inventory work harder for you than ever before.
The First Insight solution gives you actionable consumer insight and predictive analytics into consumer demand and value perception for your new products, helping you make data-driven decisions at every touch-point within your product development process.
In today’s fast-changing retail landscape, retailers and brands don’t have time to conduct lengthy in-store testing with questionable results. Speed to market and accurate testing is the difference between original and differentiated products and those that missed the mark, yesterday.
First Insight’s InsightSuite Platform allows retailers and brands to increase speed to market and make the right product decisions by providing actionable, accurate product test results within 24 - 48 hours.
First Insight’s Next-Gen Experience Management Platform provides a powerful, scalable, and easy-to-integrate solution that informs all the business decisions you face. Through advanced analytics including human computational modeling, Bayesian mathematical models, predictive analytics and APIs, First Insight’s platform represents a proven, breakthrough solution that helps you anticipate outcomes so you can build financial plans that you can achieve.
Understand More Through Better Listening
Learn how Randa is increasing revenue and sell-through and decresing erosion using customer-driven analytics. First Insight's predictive tools have guided Randa to make smart decisions, fast, to shave months from their time to market.Watch the Webinar