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Identifying new opportunities has never been easier. Discover gaps in the marketplace from trending segments to price points underserved. Where your competitors aren’t, you can be first, capturing and dominating the market.
Explore pricing, category, segment, and brand trends to find the next big opportunity so you can create the next big product to drive your continued success in the market. HYC can help your business understand what consumers are buying, but most importantly WHY they are buying certain products allowing your business to excel.
As a product manufacturer, get key insights about your rank within the overall market, and how you perform at individual retailers and dispensaries. Our market data illustrates how you stack up next to the competition and is invaluable for brand positioning when approaching new or existing clients.
Our live inventory data can help you maintain your client retail and dispensary accounts, and understand how well you perform at individual stores via stock levels, average sales, and retail price.
Cannabis companies can use serious data to improve their business models, whether that’s for retailers trying to decide what strains to carry or for cultivators trying to decide which strains to grow.
For example, HYC has 20 million transactions involving 20,000 products already in our database. Retailers can use this information to figure out which edibles are most popular with customers, or help manufacturers decide if they need to change their marketing or packaging strategy to increase sales.
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Whether you’d like to schedule a free initial consultation or you have questions, we’d love to hear from you.