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buynomics

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Company health

Employee growth
6% decrease in the last year
Web traffic
67% decrease in the last quarter
Financing
August 2022 - $16M

Ratings

G2
4.8/5
(3)
Glassdoor
4.6/5
(9)

buynomics description

Buynomics is pricing and product optimization software for large businesses, particularly in the consumer goods industry. It uses artificial intelligence to simulate customer buying behavior, letting you test how pricing, promotions, and product changes might impact your sales. This helps you make better decisions about your products and pricing strategies, minimize risks, and potentially increase your revenue.


Who is buynomics best for

Buynomics uses AI to simulate consumer behavior, allowing large businesses, particularly in the consumer goods industry, to test pricing and product changes. This helps optimize product portfolios, minimize risks, and boost revenue. Buynomics provides a centralized platform for managing products, testing various scenarios, and gaining a holistic view of the market.

  • Best fit for medium to large businesses (101+ employees) looking to optimize pricing.

  • Ideal for consumer goods companies seeking advanced pricing and product strategies.


buynomics features

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Buynomics provides a centralized platform to manage and analyze various product aspects, including pricing, promotions, and features.

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Buynomics offers visibility into product offerings across all distribution channels, allowing for analysis and adjustments at the manufacturer, wholesaler, and retailer levels.

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Buynomics allows users to test different scenarios and instantly visualize their impact on product offerings.

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Buynomics helps simulate the impact of various changes, such as pricing, promotions, and product introductions, to fine-tune revenue and profit strategies.

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Buynomics provides a comprehensive view of the product portfolio, including pricing, promotions, features, and competitive landscape, all within a single platform.

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Buynomics allows easy adjustments to prices, promotions, and product features, providing immediate feedback on the potential impact of these changes.


buynomics pricing

See the buynomics pricing page.


buynomics alternatives

  • Logo of Intelis
    Intelis
    More focused on retail and ecommerce. Has more momentum based on employee growth. Caters to businesses of all sizes. Offers a free trial.
    Read more
  • Logo of MainEvent
    MainEvent
    Better for event and field marketing management, especially for smaller businesses in education and hospitality. Stronger focus on staff scheduling, real-time activity tracking and reporting. MainEvent is growing slower. Users appreciate MainEvent's customer support and customizability but dislike its geo-tracking and lack of mobile app. A buynomics alternative and competitor.
    Read more
  • Logo of Yieldigo
    Yieldigo
    More focused on retail and ecommerce. Boasts a user-friendly interface and strong customer support. Simpler price management features. Has more momentum in its employee growth.
    Read more
  • Logo of salesbricks
    salesbricks
    Better suited for SaaS startups needing quote-to-cash functionality. Has a faster website traffic and employee growth, suggesting strong momentum. Focuses on streamlining sales processes from proposal to payment, rather than broad product optimization. Caters to a wider range of company sizes.
    Read more
  • Logo of Aviso
    Aviso
    Better fit for companies focused on sales performance and revenue growth. Has broader industry applicability and greater momentum. More user reviews available, highlighting AI-powered insights while noting some usability drawbacks. A strong buynomics competitor for sales teams.
    Read more
  • Logo of Luca
    Luca
    Has more momentum currently. Better for medium-sized businesses.
    Read more

buynomics FAQ

  • What is buynomics and what does buynomics do?

    Buynomics is AI-powered pricing and product optimization software. It simulates consumer behavior to predict the impact of pricing and product changes, helping large consumer goods businesses make data-driven decisions, optimize revenue, and minimize risks.

  • How does buynomics integrate with other tools?

    Buynomics integrates with existing enterprise systems, though specific integrations are not publicly listed. For detailed information on integrations, contacting buynomics directly is recommended. This ensures you receive the most accurate and up-to-date information regarding product integrations.

  • What the main competitors of buynomics?

    Buynomics's main competitors include Intelis, Yieldigo, and Luca. These platforms offer similar AI-driven pricing and product optimization capabilities, often targeting large retailers and consumer goods businesses. While Aviso also uses AI for sales optimization, its focus is broader than just pricing. Salesbricks focuses on quote-to-cash automation, and MainEvent primarily serves event management.

  • Is buynomics legit?

    Buynomics appears legitimate. They have positive ratings on G2 and Glassdoor (4.8/5 and 4.6/5 respectively). While their LinkedIn employee growth is negative, their website traffic shows positive growth, suggesting increasing interest in buynomics. For more information, research "is buynomics safe" online.

  • How much does buynomics cost?

    I couldn't find pricing details for buynomics. For the most accurate pricing information, it is recommended to contact buynomics directly or visit their official website.

  • Is buynomics customer service good?

    Buynomics users highlight the platform's simple interface and excellent support and training. They appreciate the ease of use, even for infrequent users, and the team's responsiveness to feedback. However, some users desire improvements to the mass filing system.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.