Recapture Thousands of Lost Revenue with Featrix
Featrix Retail Analytics builds customer retention models that let you run targeted outreach.
"We recaptured $15,000 of sales who had stopped visiting our stores with the first campaign we ran from Featrix results."
- President, Brick & Mortar Retailer
How Featrix Retail Analytics Works: AI-Powered Retention
Step 1: Build Retention Model
Load your POS (Point Of Sale) data, and Featrix constructs a retention model that predict who’s at risk. The embedding space that Featrix trains on your POS data captures specific behaviors of customers who are "at risk" and who have churned.
Step 2: Run a campaign
Using lists provided by the retention model, you run a campaign targeting at-risk customers.
You don’t have to commit any spend until validating the effectiveness of the retention model: Featrix will uncover your leading revenue customers who have stopped buying and provide you the amount of dollars that those customers represent.
Step 3: Track and Improve
Upload new sales results and Featrix can tell you how effective the campaign is. We will iteratively improve your retention model for even better results!
Why Choose Featrix?
$0 to get started
Sign up and load your POS data for free. We'll process it and tell you how many customers at currently at-risk and how many have churned recently. You can then decide if you want to pay to get the lists of customers.
Easy to use
We get it--You didn't start your business to learn how to use a bunch of new software. Leave the hard stuff to us.
Track your campaigns
Just tell us when you ran a campaign and who you emailed or sent a birthday card to, and we'll update our model--and let you measure your campaign's success, no matter what tools you are using.
Works with any POS System
Shopify, Toast--there's a ton of systems out there. You upload your data and we'll figure it out. We just need the transactions and product descriptions and we'll take it from there.
What's next?
How do we recommend you actually get started?
If you're looking for the technical underpinnings of this offering, our blog on churn prediction expands on how embeddings and LLM have transformed churn prediction.
If you don't know anything about predictive analytics, our Getting Started page provides you a basic introduction.
How can we help?
Reach out via hello@featrix.ai or schedule time to meet with a developer on our team.