| Gain insights into improving your trade strategy
Nielsen Analytic Consulting Price & Promotion solutions help manufacturers determine the best pricing strategy and trade promotion tactics by examining the effects of price and in-store promotions on sales and profits.
Using a proprietary, store-level modeling approach (superior to “aggregate” methods), our models have access to a robust database of stores allowing us to separate the impact of price and promotion from outside interferences such as distribution, seasonality and store differences. Our consultants use a customized approach to each project; working with you to design a solution unique to your objectives and needs.
Features
- Precise cause and effect measurement using data at the store-by-store, week-by-week level.
- Advanced analyses and recommendations including: Trade Execution Facts such as feature and display, Price Sensitivity/Elasticity, Price Threshold, Price Relationships with Competitive Price Gap Analysis, Trade Promotion Sales Lifts including Category and Competitive Impacts
- Ability to evaluate specialized promotions such as Multiple Purchases (BOGOFs or n-fors), Copromotions/Linksaves, Multi vs. Single Pack, Extra Free, Loyalty and other Third Party Promos
- Geographic flexibility to analyze at a region, retailer, account, or custom geography where appropriate
- Simulation software for “what-if?” scenario recommendations
- Compatibility with decisionSMART™ Business Assessor online monitoring and analysis tool
Price & Promotion solutions will help you:
For more information, contact your Nielsen Analytic Consulting representative or email us.
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