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.
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
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
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