QYMATIX

APRIL 1, 2024

While digital technologies have already turned many industries upside down, such as the retail industry, traditionally stationary B2B retailing has not yet been affected to the same extent. It is the most important sector of the German retail segment by revenue. Digital distribution is gaining pace. What data do you need?

B2B 52

B2B Retail Manufacturing Internet 52

QYMATIX

MAY 23, 2023

Research Germany explains, “the German wholesale and retail trade represents an annual turnover of 2.19 There are about 150,000 wholesalers and about 300,000 retailers.” It is characterised by the fact that it buys goods directly from the manufacturer and then mostly resells them to the retail trade. trillion Euros and 6.4

Transportation 52

Transportation Retail Manufacturing Logistics 52

QYMATIX

AUGUST 5, 2024

By dynamizing pricing and using AI in sales, industrial companies can better control their margins. The key is to find the right approach that aligns the interests of the retailer and the customer. Retailers must retain existing customers, as this is more cost-effective and can lead to stable revenue growth and a competitive advantage.

Retail 52

Retail Construction Prioritization Innovation 52

QYMATIX

APRIL 21, 2025

According to recent surveys by the IFO Institute, 58% of retailers still see the need to adjust their sales prices further. Many wholesalers continue to face significant challenges due to rising purchase prices and uncertainties in supply chains.

Supply Chain 40

Supply Chain B2B Management Prioritization 40

QYMATIX

APRIL 18, 2024

Lucas Pedretti is looking forward to supporting the VTH and its members with concrete application examples in the field of artificial intelligence and predictive sales analytics.

Artificial Intelligence 52

Artificial Intelligence Sales Analytics B2B Retail 52

QYMATIX

OCTOBER 19, 2021

When it comes to sales analytics, most B2B sales associates are still addicted to Excel. Fifty years on, digital sales will be highly profitable. Just consider where digital retail is today. Today, mobile-first, e-commerce, big data, predictive sales analytics , among others are commonplace.

Artificial Intelligence 72

Artificial Intelligence B2B Computers and Electronics Internet 72

QYMATIX

OCTOBER 26, 2021

While digital technologies have already turned many industries upside down, such as the retail industry, traditionally stationary B2B retailing has not yet been affected to the same extent. It is the most important sector of the German retail segment by revenue. How do you get started with predictive analytics?

B2B 52

B2B Manufacturing Retail Internet 52

QYMATIX

DECEMBER 19, 2022

” With these five posts from our Predictive Sales Analytics blog, we ring in a restful and reflective holiday season and we also want to say THANK YOU. Thank you for being so interested in our posts on Predictive Sales Analytics. One Useful Example of Predictive Sales Analytics Using Excel.

Artificial Intelligence 52

Artificial Intelligence Sales Analytics e-Learning B2B 52

Zendesk

JANUARY 3, 2022

When you think of sales analytics and metrics, do you only think of your company’s net gains and losses? Below, we’re going to highlight the benefits of sales analytics and CRMs, and then show you a real-life example of how utilizing sales analytics correctly can promote exponential company growth.

Sales Analytics 52

Sales Analytics CRM Sales Decision-making 52

Apptivo

AUGUST 25, 2023

Let’s break it down in simpler terms: Point of Sale (POS) System In a retail context, a Point of Sale (POS) system resembles an intelligent cash register. It not only processes customer payments but also handles tasks like inventory management , cash reconciliation, and sales tracking.

Small Business 52

Small Business CRM Retail Sales 52

QYMATIX

FEBRUARY 22, 2022

One Useful Example of Predictive Sales Analytics Using Excel. Indeed, B2B companies define cross-selling in general and cross-selling analytics in particular, in many ways and with many names. One common naming used in retail or distribution is “market-basket-analytics”. Predictive Sales Analytics in Excel?

B2B 52

B2B Marketing Sales Analytics e-Learning 52

QYMATIX

DECEMBER 4, 2023

Digital trading platforms, intermediaries and specialist retailers who buy directly from the manufacturer are intensifying competition. The right sales analytics software can help wholesalers increase the likelihood of purchase per customer and boost sales. But wait, is dynamic pricing the answer? Let’s dive in.

B2B 40

B2B Artificial Intelligence Sales Analytics Manufacturing 40

QYMATIX

APRIL 19, 2022

Key Performance Indicators (KPIs) are also used to manage companies in the retail and wholesale sectors. AI in the form of predictive analytics can establish correlations between individual KPIs and thus provide recommendations for action. KPIs also help retailers and wholesalers to analyse and monitor essential processes.

Artificial Intelligence 40

Artificial Intelligence Retail Procurement B2B 40

QYMATIX

OCTOBER 5, 2021

Use your internal sales data to implement dynamic pricing, predict customer churn and increase cross-selling across your channels. I WANT PREDICTIVE SALES ANALYTICS FOR MY SALES ORGANIZATION. Further Read: Statistisches Bundesamt: Wholesale und retail trade economics. Handelsblatt. .: Handelsblatt. Brousseau, E.:

Manufacturing 40

Manufacturing Logistics Retail B2B 40

QYMATIX

OCTOBER 5, 2021

Use your internal sales data to implement dynamic pricing, predict customer churn and increase cross-selling across your channels. I WANT PREDICTIVE SALES ANALYTICS FOR MY SALES ORGANIZATION. Further Read: Statistisches Bundesamt: Wholesale und retail trade economics. Handelsblatt. .: Handelsblatt. Brousseau, E.:

Manufacturing 40

Manufacturing Logistics Retail B2B 40

QYMATIX

OCTOBER 25, 2022

– A study by McKinsey states that machine learning in retail reduces lost sales due to stock shortages by up to 65%. – A Harvard Business Review article reports that sales teams using machine learning gain 50% more leads. I want to know more about the Predictive Sales Software. What data do you need?

Artificial Intelligence 52

Artificial Intelligence Logistics B2B Sales 52

QYMATIX

MAY 20, 2024

With clothing retailers churning out weekly micro-collections , the latter may be the case. Better shopping experiences With cameras that can look at your eye line and software that monitors weather patterns, retailers can make better shopping experiences for you.

Retail 52

Retail Transportation B2C Decision-making 52

QYMATIX

MARCH 26, 2024

Wholesale distribution plays a critical role in the modern economy, linking manufacturers and retailers. Predictive sales analytics can predict which customers are likely to churn because the key to retaining customers is to act before they churn – not after they churn. Successful sales teams use churn prediction software.

Management 52

Management Artificial Intelligence CRM Software 52

QYMATIX

NOVEMBER 27, 2023

of B2B wholesale companies already use artificial intelligence, putting them in second to last place behind trade, retail, services and manufacturing. A closer look at the industries is also fascinating. However, 35.2% The post Artificial Intelligence in German B2B Companies – What do the Figures tell us?

Artificial Intelligence 40

Artificial Intelligence B2B Sales Analytics Manufacturing 40

QYMATIX

SEPTEMBER 30, 2024

For example, specialist wholesalers in Germany, with their impressive portfolios of 5,000 to 10,000 customers and 20,000 to 100,000 items, are facing a mammoth task in today’s fast-paced retail world. They want to remain competitive in a market that is increasingly dominated by manufacturers’ direct sales and digital platforms.

Artificial Intelligence 52

Artificial Intelligence B2B Manufacturing Retail 52

QYMATIX

MARCH 26, 2024

Wholesale distribution plays a critical role in the modern economy, linking manufacturers and retailers. Predictive sales analytics can predict which customers are likely to churn because the key to retaining customers is to act before they churn – not after they churn. Successful sales teams use churn prediction software.

Management 40

Management Artificial Intelligence CRM Software 40

Zendesk

NOVEMBER 23, 2021

Parent companies will reward distributors and retailers for taking additional products off their hands and selling them to the consumers. Let’s dive into a few recommendations for best sales promotion practices that you can use regardless of which strategy you’re trying out. Sales promotion activities.

Sales 52

Sales Retail Advertising Acquisition 52

QYMATIX

MAY 27, 2024

B2B wholesalers in many sectors, such as electrical wholesalers, industrial supplies and component retailers, now benefit from modern predictive sales software. The B2B wholesale market is a fast-moving market characterised by intense competition and constant change.

B2B 52

B2B Artificial Intelligence Manufacturing Sales 52

Apptivo

SEPTEMBER 13, 2023

They use techniques such as web scraping and database access to obtain and validate information needed to develop a strong sales pipeline. Sales Analytics and Reporting These are data-driven advisors.

CRM 52

CRM Sales Decision-making Software 52

Zendesk

SEPTEMBER 7, 2021

But it is possible to improve the accuracy of your sales analytics. For example, if a business produces $20,000 in sales during its first month, you could multiply that number by 12 to get an ARR of $240,000. Almost all retailers experience a boost during the holiday shopping season that could never be sustained yearlong.

Investors 52

Investors Profitability Retail Sales Analytics 52

QYMATIX

NOVEMBER 6, 2023

In Europe, the wholesale and retail trade sector significantly contributes to the economy, accounting for around 14% of the EU’s GDP. According to a German Federal Statistical Office study, most wholesalers in Germany are small or medium-sized companies with at least 50 employees.

B2B 40

B2B Value Proposition Profitability Software 40

PandaDoc

JUNE 11, 2024

Wholesale distribution sales B2B wholesalers sell bulk raw materials to other businesses or retailers for a discounted price. They usually act as the middle-man between the manufacturer and the retailer. This improves visibility, empowering sales reps to deliver speedy, personalized, and continuously improved experiences.

B2B 52

B2B B2C Sales Decision-making 52

QYMATIX

JUNE 14, 2022

It relies on advanced B2B pricing analytics. Dynamic pricing is a common practice in industries such as retail, travel, hospitality, electricity, entertainment and public transport. It is usually implemented using B2B pricing analytics software. 2019): Dynamic Pricing: Building an Advantage in B2B Sales. Kermisch, R.

B2B 40

B2B Software Software e-Learning 40

PandaDoc

NOVEMBER 2, 2023

An online retail store can use SOA to ensure a smooth process at every step when a customer adds an order to the cart, pays, and waits for shipment and delivery. The B2C sector has a more direct approach, aiming for individual consumers and emphasizing quick conversions and broad marketing strategies.

B2C 52

B2C Supply Chain Sales CRM 52

QYMATIX

NOVEMBER 13, 2023

So, it makes sense that the B2B purchasing experience be as streamlined as the processes they’re used to at other retailers. Adopting e-commerce & mobile interfaces This is all about making the buying experience more intuitive for B2B customers. All B2B buyers will be B2C buyers in their own lives.

B2B 52

B2B Artificial Intelligence Suppliers e-Learning 52

PandaDoc

JULY 11, 2024

Manufacturing businesses use HubSpot to foster strong relationships with distributors and retailers, easily segment leads based on customized factors, and leverage the built-in AI feature for personalized marketing. HubSpot CRM Sales Analytics Dashboard: Analyze your sales pipeline with detailed waterfall summary and deal breakdown.

Manufacturing 40

Manufacturing Supply Chain Procurement CRM 40

QYMATIX

JANUARY 10, 2023

Today, there are sophisticated and highly developed digital solutions for this case, such as software for predictive sales analytics. It can, therefore, very quickly become a major, if not insoluble, challenge to differentiate prices by product or customer.

Manufacturing 40

Manufacturing Suppliers Artificial Intelligence Transportation 40

QYMATIX

JANUARY 3, 2023

Thus, it becomes clear that their combination is essential for a successful product sales policy , customer satisfaction as well as attracting new ones. I WANT PREDICTIVE ANALYTICS FOR B2B SALES. 2013): How retailers can keep up with consumers. Further Read: Ian MacKenzie et.

e-Learning 40

e-Learning Internet Retail B2B 40

QYMATIX

APRIL 5, 2022

Big Data Made Simple (2018): How predictive pricing changes retail pricing optimization. The post Better Customer Retention in B2B Wholesale Through Algorithms first appeared on Qymatix Predictive Sales Software. Further Read: Roland Berger: Digitalisierung im deutschen Großhandel: Drehscheibe der Wirtschaft in digitaler Not?

B2B 40

B2B Software Software Digitalization 40

QYMATIX

SEPTEMBER 9, 2024

” That will focus on the concrete application of artificial intelligence in technical retail using the example of predictive sales analytics. How does tech retail use AI? We discussed what data is needed for AI and how tech retailers can use this technology in practice. What data do I need for AI?

Artificial Intelligence 52

Artificial Intelligence B2B Retail Suppliers 52

QYMATIX

JUNE 4, 2024

It turns out that if you want to keep your company competing, you at least need a similar Return on sales as your competitors—the reasons why are almost self-evident. For example, the thin margins of retail stores have pushed the ROS as low as a couple of per cent points on average (2 to 4 per cent) for the past years.

Computers and Electronics 52

Computers and Electronics Manufacturing Supply Chain Profitability 52

QYMATIX

JULY 6, 2021

Predictive Sales Analytics helps increase customer lifetime value in B2B distribution. Customers and retailers employ online wholesale marketplaces to purchase from manufacturers, entirely cutting out the distributor directly. There is a similar geographical picture, where Germany and Europe lag behind the US and Asia.

Software 40

Software Software Artificial Intelligence Manufacturing 40