What we do

Retail Industry Solution

We focused on providing high end services and true value to its customers

Retailers are always searching for new ways to improve the customer experience and boost sales.

the retail industry is evolving at a pace that impacts both buyers and sellers. To stay at the top of their game, retailers must familiarize themselves with new and significant developments.

Perhaps the biggest challenge in the retail industry is changing customer expectations. Also, retailers currently face several problems such as lack of inventory vision and unsatisfied consumers. They also have to keep up with a fluctuating economy. Following are some of the challenges that are affecting the retail industry:

Dependence on Economy

Several economic factors such as personal income, consumer confidence, job growth, and interest rates, can greatly impact consumer spending in the retail sector. Also, rising interest rates affect consumer credit and consumer’s ability to finance large retail purchases, such as tractors or cars.

Industry Concentration

In several retail segments, it is observed that large companies hold the majority of the market. Even specialty retailers in fragmented markets have to compete with mass merchandisers and warehouse clubs that offer a smaller selection of comparable merchandise at low prices.

Customer Privacy

There is a growing concern over identity theft and credit card fraud that has resulted in increased scrutiny over the security of customer data in the retail sector.

Trends Forecasting

Customer tastes and preferences are changing rapidly and it can greatly affect demand for retail items. A forecasting error can result in excess merchandise or out-of-stock products and missed opportunities.

Agasthya Solution Features

Predicting Trends

Big Data solution includes a wide range of tools for retailers to determine what will be this season's "must have" items. Our trend predicting algorithms can be combined with social media posts and web browsing habits. This helps to find out what items are causing a buzz. Our Big Data solution can be used to accurately predict what the top selling products in a category are likely to be. Thus, retailers can target their customers effectively.

Forecasting Demand

Once there's an understanding of what products people will be buying, retailers can work on understanding where the demand will be. Our Big Data solution helps in gathering demographic data and economic indicators to build a picture of spending habits across the targeted market. If a retailer realizes that the sale of home décor products increase after corporate appraisal months, they can increase a number of suggestions of these products. These suggestions can be shown in customers’ feed when appraisal ‘season’ arrives.

Smart Merchandizing

A top priority for most retailers is shifting inventory. Our Big Data solution can help in this venture by adding intelligence to the online shopping process, particularly when it comes to displaying those customers who do not complete their purchases.

Optimizing Pricing

Big Data solution includes algorithms that track demand, inventory levels, and competitor activity. This allows retailers to take action based on insights in a matter of minutes. Our Big Data solution can also help in determining the time period when prices should be dropped.

Benefits of agasthya Solution

Increase Speed of Analysis

Big Data solution provides high-performance retailing and revenue optimization. Retailers can generate a daily forecast and facilitate immediate decisions, which was not feasible earlier. Price optimization can be easily calculated for an entire organization.

Real-time Decision Making

From inventory and assortment decisions to real-time offers, our solution provides retailers with rapid, fact-based ways to make the best and quickest decisions.

Better Collaboration between Consumer Packaged Goods (CPG) and Retail

Retail and CPG partners are now realizing the value of using high-performance resources to collaborate rather than compete. Our Big Data solution facilitates sharing real-time data. Using this data, retailers and CPG companies can stock the right product assortment and make better use of trade promotion money.

Portfolio

    Jobenrich

    Agasthya has Developed Jobenrich in the year 2019 which is an company`s own project.It is an Bridge Between Corporates and Students.Jobenrich helps the student to get support from corporates for training and to Build their respective feilds of corporates

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    zurides

    Agasthya is Ready to launch its own product Zurides very soon in 2020. it is an product used for booking an cab services through online.In zurides we can book a cab for outsation,rental and use cab service inside the city.

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    Abubus

    Abubus is an another Company`s own project.Here Agasthya is an online reservation transportation website. Here an individual can able to book the bus from various location through out india and here we provide the interface between an traveller and transport operator to book their bus and reach their Destination Safely and Happily.

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Industries