🔥 New! ChatLLM - Abacus AI Deep Agent

Marketing Spend Optimization

The company used Abacus's traffic forecasting model to find the optimal distribution of the marketing budget across different media channels

Optimization
Problem

Problem

The company needed help optimizing for maximum footfall in their retail stores for a fixed marketing budget

96% accuracy in traffic predictions
Solution

Solution

Abacus provided a traffic forecasting model and an optimization tool to optimize the distribution of the marketing budget across different media channels

forecasts up to 13 weeks in advance
Results

Results

Accurate traffic predictions and efficient allocation of marketing spends

15% increase in footfall

Price Optimization

Abacus helped the company discover the ideal price point for its products, optimizing for the highest revenue/profits

Optimization
Problem

Problem

The company struggled with figuring out the ideal price points for its product

improved net profits per guest by 10%
Solution

Solution

Abacus provided a regression model to deduce the products' price sensitivity and ideal price point

90% accuracy in price sensitivity deductions
Results

Results

The company improved profits and revenue

ease of price experimentation without losing customers
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