The winning idea from the FusePump Hackathon
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The winning idea from the FusePump Hackathon

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FusePump held a Hackathon. Many brilliant ideas were shared, but one team mastered the competition. 'Hack Attack' came up with a Pricing Intelligence Platform that would allow clients to monitor the ...

FusePump held a Hackathon. Many brilliant ideas were shared, but one team mastered the competition. 'Hack Attack' came up with a Pricing Intelligence Platform that would allow clients to monitor the market and re-price their products accordingly.

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    The winning idea from the FusePump Hackathon The winning idea from the FusePump Hackathon Presentation Transcript

    • ©2014 FusePump Ltd. All rights reserved. Product marketing for e-commerce www.fusepump.com
    • ©2014 FusePump Ltd. All rights reserved. Project Outline “A global pricing intelligence platform that aims to not only give Chain Reaction Cycles (CRC) visibility on prices, but also the ability to take action immediately across multiple channels.” • Ready to use, requiring minimal input from CRC marketing and IT departments • Addresses CRC’s needs for an efficient Pricing Intelligence Solution • Allows CRC to respond to price change or opportunities via the platform, amending prices accordingly • Allows the Data Integrations team to improve current feed management platform • FusePump resources: Product Development team (13 developer weeks) + Production team • Year 1 revenues estimated @ £300K
    • ©2014 FusePump Ltd. All rights reserved. Why we’re building this This solution answers CRC’s needs with a platform that, as far as we can tell, is not available in the market yet. • Need from the client and the market to use price intelligence and insight to action decisions (addresses the brief) • We are the right partners to do it • Allows us to develop our current Price Intelligence platform • Client will be the first to dynamically optimize its products on CSE, will have precise insights on its Pricing Strategy, and will have a tool to impact all its channels quickly and efficiently
    • ©2014 FusePump Ltd. All rights reserved. Live Demo!
    • ©2014 FusePump Ltd. All rights reserved. Hitting search applies the filter You can then re-price your goods
    • ©2014 FusePump Ltd. All rights reserved. Live Demo! Analysis by competitor
    • ©2014 FusePump Ltd. All rights reserved. Analysis by channel
    • ©2014 FusePump Ltd. All rights reserved. Use pricing intelligence to… • Re-price goods on your website • Inform marketing strategy • Increase profit margins • Re-price goods across other channels • Bid appropriately on PPC channels
    • ©2014 FusePump Ltd. All rights reserved. In Conclusion The solution: – Is the answer CRC needs – Completes our Monitoring Platform – Is easy for us but hard for others – Has high potential – Constitutes a unique offer on a trending market
    • ©2014 FusePump Ltd. All rights reserved. Questions?