June 2024

Featuring:

• GenAI Update: discover how Pyxis uses GenAI to analyze complex datasets and gain a sneak peek into Pyxis' new GenAI powered tool.
• New Data and Coverage: explore a new transaction-level dataset to track brick-and-mortar and online sales at top mass retailers and an expanded eReceipt panel.
• Unveiling Insights: uncover how Pyxis data reveals subscription sales trends in the car wash industry.?
• FAQ: get answers on how Pyxis' business model works and how data is acquired.

Explore how Pyxis leverages GenAI

Data Structuring:

Pyxis has automated the interpretation of complex and ambiguous data labels, such as those found on e-receipts, by leveraging the power of GenAI. This automation allows Pyxis to accurately and quickly structure data on the back end, significantly reducing the need for extensive manual review and enhancing the overall efficiency and reliability of data processing.

Bain Expert Partner Richard Lichtenstein unveils how GenAI is transforming data processing at Pyxis here.

PyxisGPT:

Pyxis' new GenAI tool is enabling business users to access data in real-time through natural language queries. This innovation allows users to speed up the data retrieval process and visualize insights with high accuracy results and flexibility.

?? Watch PyxisGPT Demo Video ??

New Data and Coverage Updates

Mass Retailer Transaction Data:

A new transaction-level dataset that can track both brick-and-mortar and online sales at Costco and Walmart, with coverage starting as early as 2020. The data is sourced from customers' loyalty accounts, which enables granular consumer metrics like AOV, AOF, and share of wallet. In the near future, the dataset will also be able to track a customer's purchases on Amazon to better understand channel shifts.

Expanded eReceipt Panel Data:

Pyxis now has access to additional merchants in our eReceipt panels - new vertical coverage includes travel, online gaming, BNPL / payments, food delivery, and ridehailing. We also have access to emerging panels in Europe (Netherlands, Belgium, Denmark, Switzerland, and Austria), Africa (Ghana, Kenya, South Africa, Nigeria), Latin America (Mexico, Chile), and Asia (India).?

Contact us: [email protected]

Unveiling Insights: Car Wash Market Trends

• Using credit card data, Pyxis identified car wash subscriptions by analyzing how often and how much customers spent over time.
• This case study illustrates the average percentage of sales from subscribers over three months.
• Overall, subscriptions (as a percentage of total sales) increased for all car wash merchants in this case study since 2020, with Car Wash Co reaching peer level subscription sales over four-years, achieving the highest growth rate of 12% (CAGR).

Discover how Pyxis competitive intelligence data can help you uncover market trends. Request a demo.

FAQ about Pyxis

?? What is Pyxis' business model?

Pyxis plugs into 300+ Bain consulting cases each year, providing accurate "outside in" views and competitive intelligence. Pyxis also has a range of externally facing products, working directly with clients for 1) custom projects 2) data feed subscriptions 3) interactive dashboard subscriptions.?

?? Is Pyxis expanding its datasets?

Yes, Pyxis evaluates 40+ new data sources each year with ~10-15 new additions passing data quality tests. Pyxis moves away from a handful of data sources each year as newer, better options come to the market.?

?? Where does Pyxis data come from?

Pyxis licenses data from companies who generate the data by tracking consumers typically through productivity tools like unenrolling people from SPAM, browser plug ins etc. The data is fully anonymized so Pyxis has no way to identify specific people in the panels. There are hundreds of panels available for purchase; Pyxis puts in significant effort to ensure datasets are representative and accurate.

Please reach out if you have additional questions: [email protected]

Contact us: [email protected]