Leading retail intelligence technology group Cogenta (www.cogenta.com) has launched a multi-national version of its Cloud-based Retail Insight platform. The innovative pricing intelligence application is the first system to enable international retailers, manufacturers, brand managers and market researchers to monitor consumer goods pricing data from major economic centres in 24 countries across the globe, including Europe…Read more
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Innovators in retail intelligence space, Cogenta, share the knowledge of using concurency issues with MongoDB. (more…)
We have launched our latest retail price index reports looking at Q3 2013 in detail. This range of retail pricing intelligence reports complement the analysis available through our pricing tools, which is used by many of the UKs biggest retailers. The category focused reports give a unique insight into pricing activity in the UK, offering the most comprehensive view of pricing activity published on the UK retail sector. The Q3 analysis is based on millions of price points captured between July and September 2013. (more…)
Leading retail intelligence technology group Cogenta (www.cogenta.com) has launched the first global multi-currency pricing intelligence tool for retailers, manufacturers, brand managers and researchers. The latest addition to the acclaimed Retail Insight range can convert retail pricing analyses from any number of currencies back into one currency for easy comparison. By this means international brands and retail outlets gain real-time competitive advantage by using one global centralised system that analyses international retail prices and therein sets price points in individual countries. This ensures that users can move with regional price fluctuations rapidly therein making time critical price calculations based on the very latest international market trend data. Previously, data from different sources had to be consolidated and compared separately; a slow, costly and unproductive process resulting in out of date analysis. (more…)
Elasticsearch Inc. turned one year old in late 2013 following the first release of the software in 2010. Elasticsearch is one of the core technologies that powers our global pricng intelligence platform across 24 countries. We’re proud to be part of the Elasticsearch egosystem, which you can find out more about here.
To find out more about Cogenta’s use of this exciting technology take a look here.
Leading retail intelligence technology group Cogenta (www.cogenta.com) has launched a multi-national version of its Cloud-based Retail Insight platform. The innovative pricing intelligence application is the first system to enable international retailers, manufacturers, brand managers and market researchers to monitor consumer goods pricing data from major economic centres in 24 countries across the globe, including Europe and the Americas. The platform can manage price data collections in any language and new countries can be added upon request. (more…)
The Challenges that Savvy Retail CFOs and Treasury Managers Are Facing When Navigating The Rough Economic Waters That Have Sunk Some Brands
It’s a matter of record that consumer spending has been under considerable and continuous pressure recently and the resulting fall out in the retail sector has been there for all to see across Europe. This is especially true, of course, in the UK where a number of high profile retail brands and retail chains have gone out of business. There have been a number of reasons for this and it is the CFOs and Treasurers in leading retailers that have to tack sharply in an attempt to read the different trade winds that abound. The challenges to maximising margins and reducing financial risks have never been greater though. (more…)
We’ve made a few changes to the quaterly price indexing report to be published this week. The first was to improve the indexes and the second was to run quarter by quarter pricing analysis. The quarterly analysis enables seasonal changes in behaviour to be seen as part of the broader pricing intelligence but also helps to identify more radical pricing shifts.
Against a reported positive end to 2012 for many retailers, the headlines in January have been a vivid reminder of how tough the market is for many retailers. The focus on price we’ve seen over the past few years is set to continue in 2013. That said our retail pricing intelligence and reported financial results suggest that the lowest price isn’t everything but customers perception of value is. (more…)
The last few years have seen the Christmas sales start ever earlier. Yet again this year has seen some early sales but the retail pricing analysis we’ve produced this week suggests that most categories haven’t had to discount as early.
The exception is clothing, footware and fashion where discounting started a few weeks ago and is now quite deep. This is not unusual although stands out more this year as the other categories have held pricing for longer. The table below shows the level of discounting that has been applied to products that have been available online consistently over the past 6 weeks: (more…)
Cogenta Pricing Intelligence: Toys CategoryWe’ve updated the retail intelligence report for the toy category. We had feedback from a few people who said they’d prefer a more definite price positioning indicator so we’ve added one. This report shows an index that has been created by looking at each retailer’s price position against the market. The analysis compares the products available at each retailer against the other retailers offering the same product. This creates a more robust piece of retail intelligence and shows a clear competitive position acoss the market.