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You collect data.. but how do you use it to optimize your business?

ShopUp data models help you forecast demand and supply, reduce churn and identify market trends to grow your business.

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HiWerk

HiWerk

Use Cases

Reduce Churn

SaaS businesses often face the same issue: free trial sign-ups don’t upgrade, or users forget about the product. But with ABC and RFE models, we can pinpoint users who need nurturing and focus on retaining them as paying clients.

Expected Churn rate improvement: 23%-54%

Create Product Bundles

Do you have a huge inventory, with 80% of the items at 60+ days in stock? Let’s create models that identify which best-sellers go well together with less popular items and help you get rid of the stale goods and release cash!

Expected Cash release: 5%-12%

Identify Market Trends

Did you know women stop searching for coats by the end of autumn and not by mid winter? When you need to identify where to put your marketing budget, it is convenient to know where the market is going.

Expected ROAS increase: 12%-36%

Forecast Demand and Supply

Are you using Excel sheets to predict next month’s demand and what to order? Well, there are scalable and accurate data models that can do it for you and help you automate the process.

Expected Revenue increase: 8%-27%

Testimonials

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Data Model Creation Process

  • Month 1-3

    Onboarding

    • Data integration
    • Getting to know the business and its goals
    • Initial data model tests
  • Month 4-6

    Data model creation

    • Creation of data models (supply and demand, churn rate, trends, product bundles, etc.) 
    • Model validation through expert human review
    • A/B testing of data models vs. manual forecast for ordering, pricing and campaigns
  • Month 7-12

    Automation

    • Model adjustments based on expert review
    • Confirmation of the data models
    • Creation of automation rules for forecasting product ordering and optimization of pricing and campaigns.
  • > 12 month

    Liftoff Stage

    • The forecast and automation models are running smoothly
    • We are available for ongoing support, improvements, and other projects

Newsletter

Subscribe to our monthly newsletter,  we share information about various models applied from our customers, organizing webinars and presenting customer cases and good practices.