Feel confident in understanding your market share with Market Simulator (patent-pending). Running our proprietary algorithm consisting of a mix of choice modelling expertise, advanced analytics, and Hierarchical Bayesian (HB) modelling techniques, Market Sim helps us generate source of volume data up to 100x times faster than traditional methods. There’s nothing else like this in the market.
How does an innovation play with in-market products?
Market Simulator gives you a clear picture of your innovation’s impact on existing in-market products and where it would steal market share from (source of volume).
Does an innovation increase or cannibalize market share?
The hype around a new offering is typically positive, but the market dynamics sometimes aren’t. Market Simulator will help you understand the business impact of launching something new, both to your portfolio and your competitors’ products.
How can your teams optimize their product portfolios?
For teams deciding which products to pull off the shelves, it simulates multiple scenarios that help determine (with data-driven certainty) the path of least resistance.
Baked into the dashboard
The patent-pending Market Simulator sits alongside our existing interactive dashboards. They’re super hard to miss.
![Upsiide-blog-marketsim-dashboard Market Simulator Dashboard](https://diginsights.com/wp-content/uploads/2024/08/Upsiide-blog-marketsim-dashboard.jpg?_t=1723733143)
It takes one click. Literally.
One click is all it takes for the magic to happen. Sit back, relax and get notified when your simulator is ready.
![Upsiide-blog-marketsim-oneclick One click away!](https://diginsights.com/wp-content/uploads/2024/08/Upsiide-blog-marketsim-oneclick.jpg?_t=1723733529)
See the biggest winners (and losers)
De-select a product to see how its share would get redistributed among others in the market. Your competitors’ loss could be your gain.
![Upsiide-home-marketsimSpindrift One click away!](https://diginsights.com/wp-content/uploads/2024/07/Upsiide-home-marketsimSpindrift.gif?_t=1723733833)
Create groups to uncover patterns
Want to group products into different brands or segments to spot any important patterns? Well, now you can.
![Upsiide-blog-marketsim-group Creating a group](https://diginsights.com/wp-content/uploads/2024/08/Upsiide-blog-marketsim-group.jpg?_t=1723739030)
Video Walkthrough
Here’s a step-by-step guide for setting up your first Market Simulator.
Questions?
Our Help Center has got your back.
Book a demo
Interested in Market Simulator and everything else Dig Insights and Upsiide can offer? Let’s chat!