In response to the valuable feedback and enquiries from our members, we were thrilled to introduce our now popular Bolt-On feature: Data Insights. With this addition, members now have the power to utilise industry data, allowing you to make informed decisions and stay ahead in your market.
Why Data Insights is essential for members:
- Profile other companies: With Data Insights, you can gain valuable insights into other companies operating within your industry. This feature enables you to better understand your competitors and identify potential collaborators.
- Identify market gaps: Stay ahead of the curve by spotting gaps in the market or within your product portfolio. Data Insights empowers you to identify emerging trends and opportunities, ensuring that you are always one step ahead of the competition.
- Analyse your business performance: Gain a deeper understanding of your business’s performance on BearingNet. Data Insights allows you to analyse the success of your business and make data-driven decisions to drive growth.
Explore key features:
Industry Dashboard
Familiarise yourself with the industry dashboard and discover which countries offer potential for expanding your business.
RFQ ranking
Easily track your company’s ranking on BearingNet based on the quantity of quotes received in the previous month. Filter your rank by continent, country, or globally to gain valuable insights.
No longer a member
Stay up to date with the latest companies that have left the platform, allowing you to update your records accordingly.
Velocity chart
Determine the activity level on BearingNet with the velocity chart, which compares the number of enquiries received hourly over the past three weeks to today. This feature helps you identify whether business is “busy” or “slow” based on RFQ activity.
Part explorer
Gain insights into specific part groups and suffixes with the part explorer feature. Download monthly reports containing all enquiry data to further analyse trends and opportunities.
RFQ Map
Visualise the direction and volume of RFQs between countries with the RFQ map. This feature highlights the countries that send or receive the highest number of enquiries, allowing you to identify potential markets for expansion.
Data insights matrix
Understand your company’s position in the market with the Data Insights matrix. This feature shows whether your company is a buyer or seller, along with the volume of RFQs sent or received. Additionally, the inventory matrix displays your company’s inventory and the number of brands stocked.
Don’t miss out on this opportunity!
With Data Insights, you have the tools you need to make informed decisions and drive your business forward. Don’t miss out on this opportunity to gain a competitive edge in your industry!
To see Data Insights in action, simply contact us to arrange a quick 10-minute demonstration. Email us at sales@bearingnet.net to schedule your demonstration today!
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