• Viewed 10,240 times by 3014 users (Last 30 days)
  • print Created with Sketch. Print
FGL 2.78% 3.7¢

FRUGL GROUP LIMITED - Corporate Spotlight

Frugl is a price comparison platform that allows families to compare the cost of goods... Frugl is a price comparison platform that allows families to compare the cost of goods between different supermarket retailers in their local areas, whilst analysing shopper behaviours in real time against the changing landscape of product merchandising and pricing changes across over 60,000 different products from major supermarket chains.More

Corporate Spotlight

Frugl is a price comparison platform that allows families to compare the cost of goods between different supermarket retailers in their local areas, whilst analysing shopper behaviours in real time against the changing landscape of product merchandising and pricing changes.
View the full Corporate Spotlight arrow Created with Sketch.

Frugl New Version Launch - TMH Live Bulletin Sep

VIDEOS

arrow-down-2 Created with Sketch.


Frugl Group Experiences 37pc user spike after version 2.0 launch - The Market Herald Live News - September 2020


FRUGL COMMENCE WITH LEADING ONLINE STORE

arrow-down-2 Created with Sketch.

COMMERCIAL RETAIL DATA PROJECT SUCCESSFULLY COMPLETED WITH AUSTRALIA’S LEADING ONLINE PET SUPPLIER – PET CIRCLE

ASX Release 1st July 2020


Family Insights Group Limited (ASX: FAM) (Company) is pleased to provide the market with an update on business development and commercialisation activities and its retail data platform capability status.


HIGHLIGHTS

  • The Company has recently completed a comprehensive retail data project with Millell Pty Ltd (trading as Pet Circle), Australia’s leading online Pet Supplies company.

  • Following the successful completion of the project, the Company has been invited to submit a further project proposal to Pet Circle in respect of the possibility of ongoing commercial work.

  • The Company is also currently involved in multiple tender processes with major Australian grocery retailers and associated category competitors for the provision of retail data.

  • Grocery product and pricing data from Coles and Woolworths has now been acquired for a period of twelve months allowing year on year pricing and promotional analytics critical to the Company’s analytics capability and commercialisation activities.


Commercial Retail Data Trial Successfully Completed

The Company is pleased to advise it has recently successfully completed a comprehensive retail data project (Project) with Pet Circle, Australia’s leading online Pet Supplies company. This Project is the first commercialisation of Frugl's retail data platform targeting retailers and retail suppliers to provide pet-category pricing, promotional and ranging insights.

In the Directors’ view, the commercial terms of the Project are not financially material, however, the development of the relationship with Pet Circle is a significant milestone for the Company.


Further Commercialisation Activities

The Company is currently involved in multiple tender processes with major Australian retailers for the provision of retail pricing and promotional analytics. Despite general business delays due to the impact of the Covid-19 pandemic, the tender processes have recommenced, and the Company will advise the market in the event of a successful commercial outcome.

Commenting on the success of recent business development activities, Company CEO Mr Sean Smith said:

“With data acquisition activities having commenced in June last year the Company has now acquired over 12 months of grocery product and pricing data from Coles and Woolworths. This plays critical importance in the commercialisation of the Company’s grocery pricing and promotional analytics capability as retailers and suppliers planning activities and pricing strategies are often structured based on year on year cycles. We are delighted with the results of our first trial and are now ideally positioned to expand business development activities”.


Ongoing Development of Retail Data Platform

The Company’s core analytics product, InFocus Analytics, continues to be developed and improved in parallel with the Company’s commercial activities, which are exposing the analytics requirements of potential commercial customers. The platform includes the following key areas of retail intelligence:


Range Change Tracking

Tracking the ranged inventories of retailers for competitive ranging strategy development. Includes additions and deletions to range, range price spread and range positioning.


Price Change Tracking

Monitoring of trending price changes across all products by retailer, including year on year comparisons and cyclic changes.


page3image250530608page3image250530912

Read the full ASX Release Here

ABOUT FRUGL GROUP AND APP DOWNLOAD

arrow-down-2 Created with Sketch.

ABOUT FRUGL GROUP 

View Frugl Group's Website


The Frugl Grocery Price Comparison App allows you to find the best prices between leading supermarkets, Coles and Woolworths. Not only that, but you can create and keep your grocery lists in one place. Want to share your list with a family member or a friend? You can do that too.


Frugl Grocery, a free mobile app for shoppers allows the quick comparison of product pricing across Australia’s top grocery chains, exposing them to real time discounts and allowing them to optimise their overall basket according to best price. Frugl also allows shoppers to set health profiles (including allergen alerts, nutritional alerts and ingredient exclusions) to improve the health rating of their grocery basket and enhance the well-being of their families.


Frugl aggregates grocery data in real time to provide shoppers with up-to-date specials, product and pricing information to find the lowest grocery prices across Australia’s leading supermarkets.

Frugl helps Australian consumers find healthier options through customisable health profiles and delivering nutritional alerts, allergen alerts and more.

The collation of product, pricing and real-time consumer behavioural data enables deep analysis of shopping trends and the creation of detailed intelligence for retailers and suppliers.




Download the app now

Frugl is easy to use and FREE!

Download Frugl today and see how much you can save.

We are an Australian company with a dedicated team of bargain lovers, foodies and health enthusiasts committed to helping you simplify your life.

Join the Frugl community for specials, recipes, sustainable suggestions, home hacks and more.


https://www.frugl.com.au

(20min delay)
Last
3.7¢
Change
0.001(2.78%)
Mkt cap ! $3.564M
Open High Low Value Volume
3.9¢ 3.9¢ 3.7¢ $47.60K 1.263M

Buyers (Bids)

No. Vol. Price($)
6 131284 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 67694 1
View Market Depth
Last trade - 14.49pm 24/09/2020 (20 minute delay) ?
(live)
Last
3.7¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
3.9¢ 3.9¢ 3.7¢ 75141
Last updated 14.49pm 24/09/2020 (live) ?
FGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.