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Home » Industry News » POI Pulse – January 23, 2017

POI Pulse – January 23, 2017

  pricing-promotion-work-harder

 


Register Now for the POI European Summit 9-11, May
2017 Amsterdam!

Trends & Developments

Diageo – Adapting to ‘Changing Face of

Socialising’

Source: (The Drum Jan. 20, 2017)

At-home ‘theatre’ and digital technology are two
socializing trends that Diageo will be keeping an eye on during 2017 as
the drinks giant looks at how it can create innovative products and
market its brands in a rapidly changing social environment.  Learn more

 

The Cost-plus Format is Making a
Comeback

Source: (Supermarket News Jan. 20, 2017)

Operators believe meat sales in cost-plus stores
outperform other categories in part because offering them at cost
allows for pack sizes that under a conventional pricing scheme would be
out of reach for many shoppers. Fresh meat is also a means of
differentiating offerings from retailers like Walmart that don’t cut in
store. Learn more

 

View the next World-class POI agenda,
and register with over 300 of your CPG and Retailer Peers
at the POI Spring Summit in Chicago at the Downtown Marriott.
Teams already registered include:

Nestle, Rx Bar, Perfetti van Melle, McCormick, Pharmavite,
Deoleo, Mars, L’Oreal, Beam Suntory, JBSS, Hershey’s, Hy-Vee Stores,
Bic Consumer, Johnsonville Sausage, Tyson, DPSG, Morton Salt, Newell
Brands, Clorox, Organic Valley, Califia Farms, Schreiber Foods, Windsor
Farms, SC Johnson, Bayer, Goya Foods, Kroger, Colgate Palmolive,
Mondelez, Kraft-Heinz, Starbucks, Wells Enterprises, ConAgra, Dean
Foods, Mondelez, Walgreen’s, JM Smucker, Del Monte, Church &
Dwight, Kellogg, Rich Products, Red Bull, Bimbo Bakeries, MillerCoors,
Topco, Constellation Brands, Coca-Cola, Johnson & Johnson, Shopko,
Energizer, Musco Family Olive Co., Windsor Foods, Hormel, PepsiCo,
Kimberly-Clark,  Edgewell, Eagle Family Foods, Ainsworth Pet,
Pinnacle Foods, Unilever, Meijer, Fernandez Markets, and more.
The POI 2015 Spring Summit was sold out, please register early, as we’d love to
see you advance with us!

 

Unilever – Fragmentation is
“Massive Risk” to Brands

Source: Marketing Week January 20, 2017)

Unilever’s chief marketing and communications officer
Keith Weed says ensuring the group’s brands show up consistently
on different channels “keeps him up at night”.   I
don’t want to actually optimise it for any one channel; I want to
optimise the brand experience. So even if it’s 85% optimised for
mobile, if it’s 110% optimised for my brand, that’s great,” he
said. Learn more

 

Your next chance to becoming a Certified Collaborative Marketer (CCM) is February 15-16, at Saint Joseph’s University in Philadelphia,
PA. 
Achieving the CCM allows you to think
differently, and gain essential skills sought after by your company,and other successful CPG/Retail executive team leaders. Learn more and enroll today Also,
inquire about our one remaining scholarship for this upcoming session by writing mkantor@p-o-i.org

 

Technomic – Five Key Consumer Trends
for 2017

Source: (Grocery HQ January 20, 2017)

A comprehensive analysis of evolving consumer lifestyles
paired with exclusive industry, menu, operator, and consumer data
signals that 2017 will see an accelerated fragmentation of consumer
attitudes and purchase drivers. Learn more

 

POI Issues TPx Vendor Panorama
2016/2017 Mid-Cycle Update
Source: (Mercury News
January 16, 2017)

 

Interim Publication finds 85 percent of consumer goods
companies surveyed are unsatisfied with their ability to manage
promotions.

 

January 16, 2017- The Promotion Optimization Institute
(POI), the leading resource for trade marketing and merchandising
executives, today released its POI TPx Vendor Panorama 2016/2017
Mid-Cycle Update, an interim publication prior to the release of the
2017 POI Trade Promotion Management/Optimization (TPx) Vendor Panorama.

 

The POI annually produces the Vendor Panorama of the trade
promotion management/optimization market to help consumer goods
companies (CPG) successfully execute trade promotions at the
headquarters level. Learn more

 

Amazon Sold an Estimated 11 Million
Echo Devices

Source: Seattle Times January 19, 2017)

 

The Echo line of devices acts as a vessel for Alexa, the
voice-activated software persona that Amazon has developed to allow
users to control lights, buy detergent or pick out a song from Spotify just by using their voice. Learn more

 POI Perspective

How to Make Pricing

& Promotion Work Harder – Getting to the Prize

Three-quarters of consumer products
companies are struggling to grow revenue and profitability.  However,
companies that make better use of analytics to refine and implement
their pricing and promotion strategies can achieve greater
profitability without significantly sacrificing revenue – with
benefits that include increased volume (1-4%), revenue growth (8-10%), and profit improvement (8-12%).

 

The most effective strategies tend to be
those that consider pricing and promotion in tandem – rather than as
separate challenges – and that manufacturers and retailers develop together.

 

By attending this complimentary webinar,
you will learn how to:

 

* Set clear priorities: Effective
pricing and promotion strategies target the right balance between
volume and profit, with clarity on what is most important

* Embrace analytics: Powerful,
relevant data analytics must be woven into the fabric of the business,
easily accessible by decision-makers. 

* Work together:  Create a
collaborative mindset where people work together, both across internal
functions and with their retailer/manufacturer counterparts.

* Build capabilities:  Strike
the right balance between short-term actions that lead to better
revenue or profit and initiatives that deliver the capabilities to
sustain long-term success.

 

Join us on February
23, 2017
at 11am EDT for a Webinar with CPG
Panelists advancing their capabilities.

At the end of this session, you’ll better
understand how to use price and promotion to create ‘win-wins’ for the
manufacturer, retailer and ultimately, shoppers. 

 

Register Here

 

Presenters include:

Kelly
Harris, VP/GM Food Segment, Duracell

Sarah
Stone, Director, Trade Optimization, Tyson Foods

Gary
Singer, Principal, America’s Advisory Practice, Retail & Consumer
Products Sector
Ernst & Young LLP

Dale Hagemeyer,Partner, Promotion
Optimization Institute, LLC

 

The POI TPx Vendor Panorama 2016/2017
Mid-Cycle Update  includes
company and product updates
to 20 of the 24 vendors
analyzed in the 2016 Vendor Panorama across 12 functional areas that
are helping retailers and consumer goods executives manage trade
promotions effectively. These vendors will be reviewed and updated by
POI later in 2017. Learn more

 

Meet the vendors at
the POI Spring Summits
:
April 5-7, 2017 in Chicago, IL and May 9-11, May in Amsterdam,
The Netherlands. Learn more

 

Have an outstanding week!

 

Michael Kantor, CEO and Founder

Promotion Optimization Institute, LLC

 

mkantor@p-o-i.org   

www.POInstitute.com    

       
Sequoya

Sponsors
of this week’s issue of POI Pulse


Spring Mobile   

     Exceedra 2016   


 To advertise, reach us at: mkantor@p-o-i.org or call 914-319-7309

                                                                                                            

 

 

 

Last Year’s Spring Summit was Sold Out – Reserve Your Spot Now! 

 

Career
Opportunities

If you have a relevant opportunity, list
it in POI Pulse, reach us at
info@p-o-i.org 

 

FedEx
Careers
Revenue Management
& Pricing Analyst


The Revenue Management and Pricing Analyst is expected to execute
strategic plans, influence change and foster accountability to ensure the
revenue and pricing goals of FedEx Custom Critical (FCC) are
accomplished. The analyst provides meaningful analyses which guide
the organization in maintaining and improving its competitive position in
the marketplace while enhancing profitability and creates actionable
reports to measure initiatives. Learn more

 

Church & Dwight

Manager, Pricing Analytics

 

The successful
candidate will support the development of a best practice approach to
maximizing profit/sales across the Church & Dwight portfolio through
price analyses and recommendations that will achieve identified
objectives by Brand. The Manager, Pricing Analytics will work
internally across C&D functional groups to support the development of
a sustainable model for Pricing Excellence. Learn more

  

 

 

 

Upcoming
Events

 

 

POI Spring Summit 2017

 

Fusing Digital and Trade Strategies to
Drive Mutual Growth Summit April 5-7, 2017. View the agenda, and register here 

 

POI European Summit 9-11, May – Register Now!

 

POI Retail Execution Summit September 27-28 – Save
the Date!



 

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