BE THE ENVY OF YOUR COMPETITORS
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Did you know?
In the UK, for every 100 pounds sold on promotion, 37 pounds are won from competition and 7 pounds added net to the category. That means that less than half of sales on promo (37+7) is actually benefiting your business. Similar figures apply in other European countries, with the biggest effect of a promotion being shoppers who switch to lower priced offers, thereby eroding category value. Deep optimisation is about identifying the revenue streams each promotion is generating and allocating resources to those packs, promo types and other tactics that generate category expansion and shopper upgrading.
Want to know more?
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The Source of Business® methodology allows deeper optimisation of promotion and revenue management initiatives.
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Promotion evaluation done right.
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Revenue Management strategies that work