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XP3 Bringing Business Intelligence to the Front Lines of Business
CPG CatNet.org
Series One
Tip 16
Knowing Your Shoppers and Understanding When You Know Too Much
Tip 15
Making Sense of Market Research Data
Tip 14
Clarifying the Message
Tip 13
Increase the Actionability of Your Results by Using More Data
Tip 12
Data Independent Templates
Tip 11
Coordinate Efforts Between Management, Marketing and Sales Teams

Tip 10
Take the First Step to a Successful Analysis and Presentation Workflow

Tip 9
Adapted Data Views Create More Relevant Customer Insights
Tip 8
Automate the Dissemination of Content and Data
Tip 7
Create Ready-Made and Customizable Analyses
Tip 6
Automate the Generation of Intelligent Insights
Tip 5
Retailer/Manufacturer Relationship - How to Get the Work Done
Tip 4
Winning New Product Presentations - How the Product Will Affect the Category
Tip 3 - Part 2
A One-Size Fits All Approach to Consumer Centric Marketing
Tip 3 - Part 1
A One-Size Fits All Approach to Consumer Centric Marketing
Tip 2
Combine Wal-Mart and Syndicated Data for a Complete View of the Market
Tip 1
Demographic Data - It's Free





News & Events

Interactive Edge to Demonstrate XP3 at SAP TechEd DemoJam '08
Interactive Edge will be taking the stage at SAP's TechEd DemoJam '08 on September 9 in Las Vegas. Interactive Edge will present the winning demonstration of XP3 and XP3's newest capabilities - XP3 Turbo Templates

DemandTec Announces DemandTec TradePoint Network Partner Program and Charter Partner Interactive Edge
Interactive Edge to offer time-saving presentation tool to consumer products firms building promotion plans with DemandTec's services

Interactive Edge Joins SAP's Industry Value Network Group for Consumer Products
This designation, based upon SAP customer feedback and nominations, reflects Interactive Edge's record of success with consumer products and recognition of Interactive Edge's ability to bring innovation and expertise to the Industry Value Network.

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Business Tip 13
Increase the Actionability of Your Results by Using More Data

CAUSE and EFFECT can become clearly evident by displaying information
from multiple sources side-by-side

Increase Actionability

Including more granular data broadens the scope of your insights.

Once data is truly integrated, having “too much data” is less problematic. In fact, the more data sources that are included in an analysis, the wider the scope of the analysis and insights that come out of it. For example, by including store level data, the ability for manufacturers and retailers to effect change becomes possible – corrective steps can be taken at exactly the level where action is required.

Example: Retailer POS, Syndicated Scan, Syndicated Panel and In-Field Observations

In this scenario, the manufacturer of “Avalon” and the retailer “Supermart” know that the AUTODISH Category is growing in the Atlanta market, but what they really want to know is where it is growing and why.

The chart below shows changes in key indicators from a variety of data sources over a one-year period from 2006 to 2007.

An assessment quickly reveals that AUTODISH category growth is due to improved quality of promotional support and POG compliance and that this in turn resulted in a large increase in Core Buyer behavior.

  • Supermart increased its Core Shopper Share of Requirements by 11.5%
  • Core Shoppers increased their annual purchases by 24.5% and their $/Trip by 18.8%
  • Consumer Events increased Dollar Sales by 17.8% despite and 11% reduction in Weeks of Support

By including numerous integrated data sources and increasing the granularity of data, retailers and manufacturers can assess not only what happened, but why and where it happened as well.

 

 

The data, products and accounts depicted in this example are fictitious. Any resemblance to actual data, products or accounts is purely coincidental.

 
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