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Supply Chain Insights LLC Copyright © 2015, p. 1
Improving Promotion
Effectiveness
Supply Chain Insights LLC Copyright © 2015, p. 2
• Sales Productivity. Average sales person can only sell 27% of their
workday…. Why? Internal Processes and Difficulty to get to data….
• Shift in Power from Marketing to Sales. Evolution of sales account
teams. Most companies do not have the right collaborative workflows.
• Analysis more Granular. Movement to store and retail-specific
analysis.
Current State
Supply Chain Insights LLC Copyright © 2015, p. 3
Need for Collaborative Workflow
Supply Chain Insights LLC Copyright © 2015, p. 4
Over Half Measure Promotions At Least Quarterly;
Half of Promotions Are Measured on Average
Supply Chain Insights LLC Copyright © 2015, p. 5
Performance
Supply Chain Insights LLC Copyright © 2015, p. 6
Promotion Effectiveness
Supply Chain Insights LLC Copyright © 2015, p. 7
On Average, Takes 36 Days to
Measure a Promotions’ Effectiveness
Supply Chain Insights LLC Copyright © 2015, p. 8
Analytics, Store Execution and Access to Insights
Are Top 3 Barriers to Promotion Excellence
Supply Chain Insights LLC Copyright © 2015, p. 9
Cross-Functional and Optimization
Are Among Trade Promotion Management Issues
Supply Chain Insights LLC Copyright © 2015, p. 10
Nearly Two-thirds Are Working on Digital Path
to Purchase – for an Average of 1.6 Years
Supply Chain Insights LLC Copyright © 2015, p. 11
Automation of the four moments of truth
in the purchase cycle through the use of
social, mobile, digital, and analytics
technologies.
Digital Path to Purchase
Supply Chain Insights LLC Copyright © 2015, p. 12
Four Moments of Truth
The List:
• Digital
Recipe
• Digital
Coupons
• Online
Rating and
Reviews
The Basket:
• Shelf-sensing
• QR Codes
• In-store
coupons
• IP Address
Sensing
• Localized
assortment
The Check-out
• Downstream
Data
• Loyalty Data
Usage
• Sentiment Data
• Ratings and
Reviews
Supply Chain Insights LLC Copyright © 2015, p. 13
Emergence of Digital Path to Purchase
Supply Chain Insights LLC Copyright © 2015, p. 14
Funding for the Digital Path to Purchase
Supply Chain Insights LLC Copyright © 2015, p. 15
Promotion management has grown in importance,
but is more difficult to manage in today’s
organization.
Need for more granular and real-time data.
Sales teams need easy-to-use technologies to
improve sales productivity.
Wrap-up
Supply Chain Insights LLC Copyright © 2015, p. 16
Supply Chain Insights LLC Copyright © 2015, p. 17
Supply Chain Insights LLC Copyright © 2015, p. 18
Founder: Lora Cecere
• Founder of Supply Chain Insights
• “LinkedIn Influencer”
• Guest blogger for Forbes
• Author of 4 books: Bricks Matter (2012), Shaman’s Journal (2014)
and Supply Chain Metrics That Matter (December 2014), Shaman’s Journal (2014)
• Partner at Altimeter Group (leader in open research)
• 7 years of Management Experience leading Analyst Teams at Gartner
and AMR Research
• 8 years Experience in Marketing and Selling Supply Chain Software at
Descartes Systems Group and Manugistics (now JDA)
• 15 Years Leading teams in Manufacturing and Distribution operations for
Clorox, Kraft/General Foods, Nestle/Dreyers Grand Ice Cream and
Procter & Gamble.
Contact Information:
• Email: lora.cecere@supplychaininsights.com
• Blog: www.supplychainshaman.com (8,000 pageviews/month)
• Forbes: http://www.forbes.com/search/?q=lora+cecere
• Twitter: lcecere (6200 followers)
• LinkedIn: linkedin.com/pub/lora-cecere/0/196/573 (46,000 followers)

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Improving Promotion Effectiveness - Mindtree webinar

  • 1. Supply Chain Insights LLC Copyright © 2015, p. 1 Improving Promotion Effectiveness
  • 2. Supply Chain Insights LLC Copyright © 2015, p. 2 • Sales Productivity. Average sales person can only sell 27% of their workday…. Why? Internal Processes and Difficulty to get to data…. • Shift in Power from Marketing to Sales. Evolution of sales account teams. Most companies do not have the right collaborative workflows. • Analysis more Granular. Movement to store and retail-specific analysis. Current State
  • 3. Supply Chain Insights LLC Copyright © 2015, p. 3 Need for Collaborative Workflow
  • 4. Supply Chain Insights LLC Copyright © 2015, p. 4 Over Half Measure Promotions At Least Quarterly; Half of Promotions Are Measured on Average
  • 5. Supply Chain Insights LLC Copyright © 2015, p. 5 Performance
  • 6. Supply Chain Insights LLC Copyright © 2015, p. 6 Promotion Effectiveness
  • 7. Supply Chain Insights LLC Copyright © 2015, p. 7 On Average, Takes 36 Days to Measure a Promotions’ Effectiveness
  • 8. Supply Chain Insights LLC Copyright © 2015, p. 8 Analytics, Store Execution and Access to Insights Are Top 3 Barriers to Promotion Excellence
  • 9. Supply Chain Insights LLC Copyright © 2015, p. 9 Cross-Functional and Optimization Are Among Trade Promotion Management Issues
  • 10. Supply Chain Insights LLC Copyright © 2015, p. 10 Nearly Two-thirds Are Working on Digital Path to Purchase – for an Average of 1.6 Years
  • 11. Supply Chain Insights LLC Copyright © 2015, p. 11 Automation of the four moments of truth in the purchase cycle through the use of social, mobile, digital, and analytics technologies. Digital Path to Purchase
  • 12. Supply Chain Insights LLC Copyright © 2015, p. 12 Four Moments of Truth The List: • Digital Recipe • Digital Coupons • Online Rating and Reviews The Basket: • Shelf-sensing • QR Codes • In-store coupons • IP Address Sensing • Localized assortment The Check-out • Downstream Data • Loyalty Data Usage • Sentiment Data • Ratings and Reviews
  • 13. Supply Chain Insights LLC Copyright © 2015, p. 13 Emergence of Digital Path to Purchase
  • 14. Supply Chain Insights LLC Copyright © 2015, p. 14 Funding for the Digital Path to Purchase
  • 15. Supply Chain Insights LLC Copyright © 2015, p. 15 Promotion management has grown in importance, but is more difficult to manage in today’s organization. Need for more granular and real-time data. Sales teams need easy-to-use technologies to improve sales productivity. Wrap-up
  • 16. Supply Chain Insights LLC Copyright © 2015, p. 16
  • 17. Supply Chain Insights LLC Copyright © 2015, p. 17
  • 18. Supply Chain Insights LLC Copyright © 2015, p. 18 Founder: Lora Cecere • Founder of Supply Chain Insights • “LinkedIn Influencer” • Guest blogger for Forbes • Author of 4 books: Bricks Matter (2012), Shaman’s Journal (2014) and Supply Chain Metrics That Matter (December 2014), Shaman’s Journal (2014) • Partner at Altimeter Group (leader in open research) • 7 years of Management Experience leading Analyst Teams at Gartner and AMR Research • 8 years Experience in Marketing and Selling Supply Chain Software at Descartes Systems Group and Manugistics (now JDA) • 15 Years Leading teams in Manufacturing and Distribution operations for Clorox, Kraft/General Foods, Nestle/Dreyers Grand Ice Cream and Procter & Gamble. Contact Information: • Email: lora.cecere@supplychaininsights.com • Blog: www.supplychainshaman.com (8,000 pageviews/month) • Forbes: http://www.forbes.com/search/?q=lora+cecere • Twitter: lcecere (6200 followers) • LinkedIn: linkedin.com/pub/lora-cecere/0/196/573 (46,000 followers)