This new offering detects and classifies new product launches based on a retailer's transaction
data.
The tool automatically filters out replacement launches such as "shrinkflation" which are a very
common data problem. To do this, it identifies recently delisted products and compares them to
new launches using a Large Language Model.
Afterwards, it further classifies the remaining launches into pioneers, challengers, extensions,
limited editions, etc.
It has already been used in over 10 markets around the globe.