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  Tip #9: Using Store Level Insights to Get in Touch with Consumers
Series Four
Series Three
Tip #1: Dissecting and Enabling Quadrant Analysis
Tip #2: GMROI
Tip #3: Delisting Products at Shelf
Tip #4: Understanding Merchandising Efficiency
Tip #5: Understanding Product Development Index
Tip #6: Optimizing In-Store Promotional Event Mix
Tip #7: National Promotions…"What's Our ROI?"
Tip #8: Creating Virtual Data Sources to Grow Your Bottom Line
Tip #9: Using Store Level Insights to Get in Touch with Consumers
Tip #10: Turning Innovative Analysis into Best Practices
Tip #11: Combine Wal-Mart and Syndicated data for a complete view of the market
Tip #12: A One-Size Fits All Approach to Consumer Centric Marketing
Tip #13: A One-Size Fits All Approach to Consumer Centric Marketing - Part II
Tip #14: Clarifying Business Objectives with "Source of Volum"
Series Two

The Problem:
Getting in touch with consumers is the goal. Traditionally, identifying key performance indicators unique to products in various geographies has been incredibly challenging, often creating more questions than answers. Questions like...

  • How do new products affect consumers and businesses at a geography-specific level?
  • Who are our winners, what are our opportunities, and how can we rejuvenate a former hot seller?
A solid sales strategy anticipates these questions, and gives indication to the answers. A successful strategy turns these answers into best practices that filter down to every store in the chain. To do this, a successful strategy doesn't just indicate if a product will grow a category, appeal to new demographics, or generate new/return sales; it shows how.

Generating such a strategy for a single geography is a daunting task, but doing so for multiple geographies with multiple scenarios can become an extremely time and resource intensive endeavor.

What's the solution?
By leveraging an automation tool, it becomes possible to automatically create multiple, distinct data-driven Microsoft PowerPoint presentations based on a user built presentation deck. Effective presentation decks do not have to be massive time and resource investments. Effective data-driven presentations can be automatically generated, based on best practices that you define.

For example, presentations can be generated to reflect each sales region, time period, or any combination of the two that your business data represents in a quick and efficient manner. And it can be done in a fraction of the time and with far fewer resources than needed to create winning sales presentations manually.

XP3 Presentation Generation

How does it work?
Such an automation process calls upon the dimensions that serve as the presentation's foundation to allow multiple scenarios to populate automatically.

Take XP3 Presentation Generation's tools, for example. A user is able to select multiple items for any global parameter defined as Global Settings across the presentation. When executed, XP3 Presentation Generation will refresh the content for each combination of items based on the selections and save each scenario as a new, unique presentation.

XP3 Presentation Generation Manager

Within XP3, there are two options for XP3 Presentation Generation. The first, Quick Generation Wizard, is a step-by-step interface that allows you to easily create multiple scenarios based on a single set of combinations. For instance, the Quick Generation Wizard allows you to quickly iterate presentations against multiple geographies, across multiple time periods.

Generation Manager offers the ability to create more complex scenarios, such as iterating several geographies against their appropriate parent markets.

The Deliverables:
The result is a more time and effort efficient method of generating key insights and facts, developing store level category reviews with zero hands on work, and contributing to more accurate and, ultimately, more profitable decisions. When you consider that such a solution will not require additional headcount, it's easy to imagine the positive effects that will be felt at the bottom line.

   

 

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