A key challenge in the Automotive Aftermarket Industry is to manage revenue in an environment where thousands of SKUs are sold through thousands of outlets. This leads to management being overwhelmed by large amounts of data.
Decisions tend to be taken based on assumptions regarding revenue opportunities due to lack of granular level understanding.
Management today is facing a problem of rising inventory costs due to a lack of optimization in business planning which leads to the non-availability of parts having high demand.
Additionally, Management has limited understanding of influencers behavioural and buying pattern in this space. RevUP by Digilytics is a precision revenue growth management SaaS product that uses AI to boost growth in the automotive aftermarket industry through pinpointed sales and revenue growth opportunities.
Plug and play bolt-on product: no need to replace current sales systems
Easy to use product with consumer-grade user interface
Minimal upfront investment: available on secure SaaS platform
Persona (Role) based access
Best in Class user experience
Secure, Scalable, Easy-to-implement
Ask Osler? Inbuilt chatbot to answer complex queries
5%-10% REVENUE GROWTH
5%-10% SAVINGS ON PROMOTION SPEND
7X-10X RETURN ON INVESTMENT
PAY-AS-YOU-BENEFIT SUBSCRIPTION MODEL
Recommendation Engine in general has received considerable attention in the market especially in the e-commerce and the OTT Industry.
First of its kind CPG centric module to streamline the promotion spend with actionable insights
DIGILYTICS REVUP: REVOLUTIONISING AUTO AFTERMARKET SALES WITH AI
Aftermarket market penetration was sub-par and sales growth was anemic, the company was facing a challenge to identify the underperforming parts of the business across the country.
The production line has 7 process lines running through 13 phases. The production yield was ~85%.
The automotive aftermarket is rising in rank in terms of market size and public popularity.
The global Auto Aftermarket industry is estimated to be almost $288.20 billion and is growing at a 3.7% CAGR.
Digilytics believes that a very important part of the value chain in the Automotive where Artificial Intelligence can be of a great use is the Auto Aftermarket.
