Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
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
No
Catalog Management
No
Channel Management
No
Customer Accounts
No
Data Security
No
Email Marketing
No
Inventory Management
No
Kitting
No
Loyalty Program
No
Mobile Access
No
Multi-Store Management
No
Order Management
No
Product Configurator
No
Promotions Management
No
Returns Management
No
Reviews Management
No
SEO Management
No
Shopping Cart
No
Templates
No
Product Features
Competitive Intelligence
Alerts/Notifications
Yes
Benchmarking
Yes
Competing Product Analysis
Yes
Keyword Tracking
No
Social Media Monitoring
Yes
Trend Analysis
Yes
Website Monitoring
Yes