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Description

Our company offers the most comprehensive perspective on competitive pricing in the industry, allowing you to enhance your price image to effectively increase revenue and drive customer visits. Utilizing Nobel Prize-winning methodologies, we gauge consumer perceptions of your pricing strategy. By refining your price image, you can achieve both short-term and long-term revenue growth while simultaneously fostering shopper loyalty. This approach allows you to excel with the products that truly matter to your customers instead of getting embroiled in a pricing battle over typical low-margin items. You can minimize expenditures on price adjustments while maximizing their influence on shopper perceptions and frequency of visits. Our strategy prioritizes items based on their significance to shoppers, enabling you to monitor your pricing stance from the customer’s perspective. This makes your approach less reactive to competitor pricing changes and more focused on outsmarting them through strategic decisions. We enhance your competitive intelligence by integrating in-store audits, web scraping, and Nielsen point of sale (POS) data, utilizing sophisticated machine learning algorithms to provide deeper insights into the competitive landscape. This comprehensive analysis empowers you to make informed decisions that align with consumer preferences and market dynamics.

Description

Although trade promotion, retail execution, and other essential consumer packaged goods (CPG) functions effectively employ technology to streamline processes and consolidate insights, the field of shopper marketing has yet to embrace such advancements. Our 2018 Shopper Marketing Optimization Report indicates that a staggering 78% of respondents view the efficiency of their shopper marketing processes as average or below. This stagnation in modernization is impeding overall performance, making Shopper Marketing Optimization (SMO) vital for fostering revenue growth in the CPG sector. To enhance your commercial investments, utilize a collaborative budgeting tool that enables managers to link budgets to specific, measurable objectives, distribute resources among various teams or accounts, and monitor performance through immediate reports on spending activities that can be analyzed at the customer, brand, and category levels. This approach fosters teamwork by bringing global teams and agencies together around a single, reliable source of information. Additionally, it incorporates proven methods and financial analytics into planning cycles, ultimately boosting the effectiveness of marketing programs while ensuring that resources are allocated efficiently. By prioritizing these strategies, companies can better align their shopper marketing efforts with modern demands and expectations.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Nielsen Marketing Cloud

Integrations

Nielsen Marketing Cloud

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Engage3

Country

United States

Website

www.engage3.com

Vendor Details

Company Name

Cierant Corporation

Founded

1987

Country

United States

Website

www.cierant.com/explore/shopt/

Product Features

Competitive Intelligence

Alerts/Notifications
Benchmarking
Competing Product Analysis
Keyword Tracking
Social Media Monitoring
Trend Analysis
Website Monitoring

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Product Features

Retail Execution

AI / Image Recognition
Collaboration Tools
Data Collection
Inspection
Pricing / Placement Optimization
Product Education
Product Promotion Strategy
Retail Site Audit
Workforce Management

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