ELASTIC DEMAND
MODELLING
INVENTOR EDM
INVENTOR EDM implements efficient algorithms for automatic analysis and demand elasticity price modeling. This tool allows to plan and verify marketing campaigns and improve demand forecasting accuracy for planned or unplanned price changes
AUTOMATIC ELASTICITY DETECTION
INVENTOR EDM provides automatic detection of the dependence of demand on price based on raw transactions data
DEMAND FORECAST REFINING
INVENTOR EDM provides information regarding the revealed elasticity of demand for an item to achieve a better demand forecast
ELASTICITY UNVEILING
INVENTOR EDM provides tools for planning, preparation, and execution of field experiments to identify elasticity effects
ELASTICITY ANALYSIS
INVENTOR EDM allows you to choose statistic data, pick groups of points of sale, set up criteria for selecting goods and groups of goods, set up filtering criteria for prices and receipts, enable or disable promotional periods for elasticity analysis