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buynomics

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Last updated on

Company health

Employee growth
6% decrease in the last year
Web traffic
67% decrease in the last quarter
Financing
August 2022 - $16M

Ratings

G2
4.8/5
(3)
Glassdoor
4.6/5
(9)

buynomics description

Buynomics is pricing and product optimization software for large businesses, particularly in the consumer goods industry. It uses artificial intelligence to simulate customer buying behavior, letting you test how pricing, promotions, and product changes might impact your sales. This helps you make better decisions about your products and pricing strategies, minimize risks, and potentially increase your revenue.


Who is buynomics best for

Buynomics uses AI to simulate consumer behavior, allowing large businesses, particularly in the consumer goods industry, to test pricing and product changes. This helps optimize product portfolios, minimize risks, and boost revenue. Buynomics provides a centralized platform for managing products, testing various scenarios, and gaining a holistic view of the market.

  • Best fit for medium to large businesses (101+ employees) looking to optimize pricing.

  • Ideal for consumer goods companies seeking advanced pricing and product strategies.


buynomics features

Supported

Buynomics provides a centralized platform to manage and analyze various product aspects, including pricing, promotions, and features.

Supported

Buynomics offers visibility into product offerings across all distribution channels, allowing for analysis and adjustments at the manufacturer, wholesaler, and retailer levels.

Supported

Buynomics allows users to test different scenarios and instantly visualize their impact on product offerings.

Supported

Buynomics helps simulate the impact of various changes, such as pricing, promotions, and product introductions, to fine-tune revenue and profit strategies.

Supported

Buynomics provides a comprehensive view of the product portfolio, including pricing, promotions, features, and competitive landscape, all within a single platform.

Supported

Buynomics allows easy adjustments to prices, promotions, and product features, providing immediate feedback on the potential impact of these changes.


buynomics pricing

See the buynomics pricing page.


buynomics alternatives

  • Logo of PriceBeam
    PriceBeam
    Finds optimal prices, boosting profits with data-backed insights.
    Read more
  • Logo of PROS
    PROS
    AI-powered pricing for maximum profit. Perfect for complex sales.
    Read more
  • Logo of Demandtec Unified Lifecycle Pricing
    Demandtec Unified Lifecycle Pricing
    AI-powered pricing for smarter retail decisions and higher profits.
    Read more
  • Logo of Luca
    Luca
    AI-powered pricing for retailers, optimizing prices for profit.
    Read more
  • Logo of Zilliant
    Zilliant
    AI-powered price optimization for smarter B2B sales.
    Read more
  • Logo of 7Learnings
    7Learnings
    AI-powered pricing for retailers. Boost profits, automate pricing.
    Read more

buynomics FAQ

  • What is buynomics and what does buynomics do?

    Buynomics is AI-powered pricing and product optimization software. It simulates consumer behavior to predict the impact of pricing and product changes, helping large consumer goods businesses make data-driven decisions, optimize revenue, and minimize risks.

  • How does buynomics integrate with other tools?

    Buynomics integrates with existing enterprise systems, though specific integrations are not publicly listed. For detailed information on integrations, contacting buynomics directly is recommended. This ensures you receive the most accurate and up-to-date information regarding product integrations.

  • What the main competitors of buynomics?

    Buynomics's main competitors include Intelis, Yieldigo, and Luca. These platforms offer similar AI-driven pricing and product optimization capabilities, often targeting large retailers and consumer goods businesses. While Aviso also uses AI for sales optimization, its focus is broader than just pricing. Salesbricks focuses on quote-to-cash automation, and MainEvent primarily serves event management.

  • Is buynomics legit?

    Buynomics appears legitimate. They have positive ratings on G2 and Glassdoor (4.8/5 and 4.6/5 respectively). While their LinkedIn employee growth is negative, their website traffic shows positive growth, suggesting increasing interest in buynomics. For more information, research "is buynomics safe" online.

  • How much does buynomics cost?

    I couldn't find pricing details for buynomics. For the most accurate pricing information, it is recommended to contact buynomics directly or visit their official website.

  • Is buynomics customer service good?

    Buynomics users highlight the platform's simple interface and excellent support and training. They appreciate the ease of use, even for infrequent users, and the team's responsiveness to feedback. However, some users desire improvements to the mass filing system.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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