It’s doubtful that you’ve only got one promotion running at any given time. In reality, you could have hundreds—maybe even thousands to plan and keep track of. That’s a fairly ominous-sounding task, unless, of course, you’ve got the right tools to keep them organized and well planned.
And we have just the tools you need. Driving sales performance comes down to understanding what influences your price and trade promotion strategies. And our end-to-end revenue management solution helps you measure price elasticity and the effect it has on your sales volume. With this solution on your side, you’ll be in a prime position to design, execute, and track the best promotional programs for every category in every account.
If there’s one thing that’s a relative constant in the retail world, it’s that things always seem to be in flux. But don’t worry. We measure price elasticity and the effect that merchandising has on sales—the merchandising lift—for every barcode in every event in every retail account. We then provide you with a comprehensive, end-to-end application suite that lets you plan, execute, monitor and evaluate promotion plans for every retail account in every category.
We use the best available data to build robust models to predict promotional impact. These models drive best-in-class applications for strategic promotion planning, tactical trade promotion optimization, trade promotion management, execution monitoring and post-event analysis.
Academic research shows that Nielsen’s store-level models help forecast what will actually happen in the marketplace. Having these key insights from a company with more than 25 years of experience in trade promotion analytics will put you ahead of the pack and competition. Our solutions will optimize your planning process and work with your enterprise resource planning systems to seamlessly ensure that the insights from the analysis are translated into real in-store programs and have a meaningful impact on your bottom line.