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Retail Intelligence Software: Drive Strategic Decisions through AI
Data is our DNA. Retail is our expertise. Combining both is our unique strength.
Memory: Beyond Analytics, AI-Powered Intelligence for Retail
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We understand retail.
We analyze transactional, supply chain, logistics, and shopper behavior data from 20,000+ stores. Partnering with industry leaders, we leverage 25 million households’ shopping behavior for a precise view of product consumption and performance.
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We work with different data sets.
Combining diverse data sources with our deep-rooted retail knowledge, we identify assortment optimization opportunities, provide predictive scenarios, and offer grounded recommendations to drive your product categories.
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We deliver action plans.
Catering to brand’s needs, we support your marketing, trade and logistics discussions through decision-making and action-oriented tools dedicated to your business assortment.
How the Memory family of products works in-store
Software systems work together, integrating your in-store data and third-party sources to provide meaningful insights that optimize store performance.
Why adopt Memory, the next gen Retail Intelligence Software
Make evidence-based decisions
Inform better decision-making with AI recommendations and simulate product or pricing models to see estimates on their ROI impact.
Get custom analysis and reporting
Tailor monitoring and reporting to your business needs. Measure sales performance and easily identify issues and priorities.
Measure impact in-store
Harness the power of your data from electronic shelf labels and IoT devices on the shop floor and trigger actions in the aisles for immediate impact on store performance.
Strategize and monetize with brand partners
Collaborate and share insights with vendors on a single platform and build joint strategies for targeted marketing and maximizing ROI.
Ground your decision-making with trusted insights and performance simulations
Advanced-Data Integration: Seamlessly integrate and aggregate diverse data sources, providing a unified and comprehensive view of business performance Actionable Business Recommendations: Beyond traditional analytics, RI delivers actionable business recommendations tailored for both day-to-day operations and strategic initiatives to drive efficiency and growth in retail operations. Embedded Simulation Tools: Leverage robust simulation capabilities to test and optimize various aspects of your operations, such as product assortment, pricing strategies, and merchandising techniques. Connection to In-Store IoT with Floor Messaging: Translate data into action, by automatically displaying messaging on in-store Electronic Shelf Labels to communicate with store associates or calling out promotions and price matching for shoppers.
See Memory’s ROI impact
2% to 8% Uplift in sales on recommended assortment
5PTS Incremental sales on targeted promotions
0.5% to 2% Incremental revenue through monetization
50% Time reduction for building product mixes
Retail intelligence: What is it and why is it crucial for today's retailers
Memory sets itself apart from other retail intelligence software through several key differentiators. Firstly, we boast a modern and innovative in-house platform that utilizes different data sets to address specific use cases. Moreover, we excel in leveraging loyalty card data, a valuable asset in the retail landscape. Unlike other software, Memory actively supports decision-making processes, ensuring that our insights translate into actionable strategies. Our platform is highly agile and customizable, tailored to the unique needs and processes of each retailer and brand. With a team possessing strong expertise in retail, we prioritize innovation and focus on answering critical business questions through data-driven insights. Our agile platform allows for seamless customization to match our clients’ processes and needs, ensuring a tailored and effective solution.
The Analyze solution and Inflation module assesses the price impact on categories. It allows defining optimal price points, considering factors like customer behavior in response to price changes. The inflation analysis module identifies the structure of the category and analyzes the impact of price inflation on the turnover.
- 2% to 4% of sales growth through assortment optimization
- 15% to 30% increase of promotions profitability
- 50% to 70% productivity gain on category management tasks
We’ll be in touch soon.
Submit the contact form, and we’ll make sure it gets to the right person. They’ll be in touch as soon as possible
We’ll set up the right demo.
We’ll identify the right solutions and technologies to fit your business needs and show you how they can work for you.
We’ll customize a plan.
Every business and brand has unique needs. We’ll create a plan that helps you achieve your goals and makes immediate impact.