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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

ElasticRun is transforming the landscape of both physical and digital access for Indian consumers. By facilitating connections between businesses and previously underserved consumers, ElasticRun empowers FMCG brands to engage directly with over 10 million Kirana stores located in rural areas. Additionally, the platform provides eCommerce access to more than 100 million customers, while also supporting financial institutions in extending credit to around 100,000 rural stores. By illuminating data-dark stores, ElasticRun offers a competitive data advantage across various industries. The high capital expenditure and fixed operational costs typically associated with traditional networks hinder their ability to reach these markets. However, through crowdsourcing, ElasticRun establishes a no-capex, variable-cost network that enables extensive reach. The traditional networks struggle to meet the small transaction needs of rural stores, but ElasticRun's model of supply and demand aggregation makes it possible to serve these individual outlets efficiently. Acting as an extension of a brand's established network, ElasticRun unlocks a new and significant addressable market. Ultimately, ElasticRun is a game-changer, creating a no-capex, variable cost network that grants access to more than 10 million stores and revolutionizes the overall distribution landscape. This innovative approach not only enhances market access but also fosters economic growth in rural regions.

Description

Profit-Driven Pricing, Competitor Price Analysis, and Demand Prediction are all enhanced through AI and Machine Learning technologies. Our approach to Demand Planning is both intelligent and adaptive. We merge machine learning capabilities with human insights to create a comprehensive strategy. By factoring in local events, holidays, school schedules, community activities, social trends, and economic indicators, we refine our forecasts effectively. Our services encompass Demand Forecasting, Store Ordering, Purchase Orders, and tailored Recommendations. We also focus on optimizing Shelf Space Allocation. With ongoing monitoring and iterative improvements, our Intelligent Demand Planning and Pricing strategies lead to better price realization that boosts both Sales and Margins. By analyzing price elasticity across different products, locations, and days, we can strategically determine the appropriate level of mark-up or markdown. Implementing Differential Pricing Strategies helps us avoid competitive price slashing, while A/B testing validates the effectiveness of our recommendations. The cycle of continuous monitoring and refinement ensures that our Intelligent Demand Planning evolves to meet changing market needs. Additionally, we prioritize responsiveness to consumer behavior trends, ensuring our strategies remain relevant and effective.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

ElasticRun

Country

India

Website

www.elastic.run/products.html

Vendor Details

Company Name

NextOrbit

Founded

2014

Country

India

Website

www.nextorbit.com/en/

Product Features

eCommerce

CRM
Catalog Management
Channel Management
Customer Accounts
Data Security
Email Marketing
Inventory Management
Kitting
Loyalty Program
Mobile Access
Multi-Store Management
Order Management
Product Configurator
Promotions Management
Returns Management
Reviews Management
SEO Management
Shopping Cart
Templates

Product Features

Competitive Intelligence

Alerts/Notifications
Benchmarking
Competing Product Analysis
Keyword Tracking
Social Media Monitoring
Trend Analysis
Website Monitoring

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