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Home » Industry News » POI Pulse June 17, 2019

POI Pulse June 17, 2019

The POI Canadian Summit in Toronto this week 
 
This past week the POI team spent two exciting and intense days in the electric City of Toronto with the Canadian CPG and Retail Industry’s best and brightest.   The 200+ attendees were discovering new practices, and technologies to apply to their enterprise and trading partner relationships.  We networked with a purpose, while dissecting category performance, purchase dynamic consumption occasions and the shopper’s trip missions enable thought provoking analytics to deliver insights and ROI that move beyond trade management execution, and RGM. Copies of the presentations will be available to POI Members and Canadian Summit Attendees by the end of this week on the POI Resources section of the website.
Congratulations to the Toronto Raptors,  NBA Champions who thankfully added an extra kick to the  atmosphere surrounding this inaugural event and now established POI Community.  Some of the comments shared with us by the POI Summit attendees include:
“What an engaged professional group! I love the collaboration and passion. Mike, Pam and the POI team are educating and building confidence in the leaders who will transform their organizations. Thank you for your efforts to create a well spent two days!”
Ashley Ondresky
Kimberly Clark Corporation
“I thought the summit was excellent and very relevant. Will bring more of my team to join in 2020.”
David Rogers
McCain Foods Canada
“Thanks for the great conference over the last 2 days. My team and I found it extremely insightful! Also the community that was referenced to around best practice sharing, would there be a separate note sent out on that?”
Rupal Morar, Trade Strategy, Edgewell
“It was a pleasure to be part of the Kantar team that was in full support of the first POI event in Canada”
David Marcotte, SVP Cross-Industry/Cross-Border and Technology, Kantar
“Thank you for the opportunity to speak to your group today and learn about new technologies at the POI Toronto meeting.  I found the audience very engaged and had some robust dialogue with folks afterward.”
Anthony Guarnaccia, Wells Enterprises
“A great two days of RGM learnings and new connections made at the inaugural POI 2019 summit in Toronto #poitoronto19“
Diana Palalas
Kellogg Company
“Thank you, Mike, Pam and the entire POI team for making this first Canadian Summit come to life! I know it’s just the beginning of a new CPG community of learning and evolving together! And to all who attended this inaugural event thank you for your show of support and engagement.”
Milena Trentadue
Philip Morris International
We are already planning POI Toronto 2020!
Save the Dates and make plans to attend the POI Northeast Regional Summit in Morristown, NJ, September 25-27, 2019 and, the POI Fall Annual Summit in Dallas, November 6-8, 2019
https://poinstitute.com/events/
Interested in Retail Execution Excellence?
 Access the full report here
More information about upcoming 2019 POI events can be found at: http://poinstitute.com/events/ 
Have a sensational week!
Mike Kantor, CEO and Founder, POI mkantor@p-o-i.org
Reach Joanie at Jhampto@p-o-i.org for your complimentary event pass
Reach us with any needs, questions,
or requests to further engage with
POI at:
PamBrown@P-O-I.org 
MKantor@P-O-I.org 

Industry News

Online FMCG Sales Grow 20.3% Worldwide
Source: (Dig Commerce 360 Jun 10, 2019)
Kantar says worldwide online sales of FMCGs-the kinds of low-cost products typically sold in places like grocery stores, drug stores and convenience stores-grew by 20.3% in 2018 and now represent 5.1% of grocery sales worldwide. By 2025, Kantar expects the global market share of online FMCG sales to roughly double by 2025, reaching 10% of the total market. Learn more
Birds Eye Gains from Overhauled Marketing
Source: (Mktg Week June 13, 2019)
The impact of these changes is being felt across the business. Birds Eye Marketing Director, Steve Challouma, claims that having taken learnings from 2017 and implemented them last year, it has seen a 24% increase in average ROI. That increase has helped it move from below the FMCG average for ROI to above it in 2018. Learn more
Upcoming POI Summits:
 
September 25-27, 2019 in Morristown, NJ 
November 7-9, 2019 in Dallas, TX 
Conagra Brands’ CEO: Millennials Driving Change
Source: (Food Biz News June 11, 2019)
“As we study these changing consumer dynamics we do so more and more by really leveraging big data as we try to keep track of these trends and design products with all these modern attributes,” Mr. Connolly, Conagra president and chief executive officer, said.
Learn More
Inside Ferrero’s Quest for Sweet Success
Source: (Food Dive Jun 10, 2019)
As other CPG companies reposition their portfolios, Chibe said Ferrero “took advantage” of the opportunity to acquire several mainstream brands ubiquitous among consumers in U.S. candy to complement its existing lineup in the $2.1 billion premium segment where it has a commanding presence. Learn more
Unilever Invests in Influencer Platform
Source: (The Drum June 12, 2019)

Vasiliki Petrou, executive VP and Group CEO at Unilever Prestige added: “CreatorIQ is proactively developing solutions that empower Unilever to continue to set global measurement standards for the influencer marketing industry. Their platform enhances the quality and integrity of our brands’.  Learn more 

POI and Symphony CPGAI-Revenue-Growth-Management Whitepaper:
New Strategies for CPG Revenue Growth Management: Harnessing AI to Change the Game
POI Members: Access here
Ahold Delhaize using AI to Update the Supermarket Experience
Source: (Internet Retailing June 12, 2019)
With a view to personalisation and localisation, the company is using three different types of AI in its operations…On the local level, machine learning is used to optimise particular assortments to best match local preferences. The grocer also uses machine learning to personalise offerings to specific customers, with billions of unique offers sent out worldwide each year. Learn more
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