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“You are never too small to be data-driven! Get insights into your product, marketing campaigns, and improve your conversions. “
Pavel voparil, CEO OF bonami.cz
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Analyze your eCommerce
Therefore, it's important to analyze your sales and determine what products are your top profit performers and how they relate to your business results, what product category generates the most revenue, and what opportunities exist for growth in that area. It's also important, in marketing, to watch trends and react to them.
Optimizing your product's inventory leads to improving your cash balance. Discover what products are overstocked (and are therefore blocking your cash flow) and what products are low in stock, which creates the risk that you will run out and that your customers will buy them from your competition.
Compare your prices with those of your competition in real time, automatically. Check your price position in the market and determine whether your prices are optimal. Easily analyze what will happen if you raise or lower your prices.