DemandTec End-to-End Promotion Management™Improve Promotion Efficiency and Effectiveness
Managing retail promotions is a complex, multi-faceted process. Successful retailers are able to collaborate internally among senior management, merchants, marketing, advertising managers, and others, and collaborate externally with vendors to build promotion plans that provide win-win results for all parties. Leading retailers are also able to quickly predict the outcome of any of the thousands of vendor deals they receive every month, and evaluate alternative versions of any promotion to ensure they’re capitalizing on the full potential of each promotion and maximizing the impact of every category plan. A Complete Solution for Managing the End-to-End Promotion ProcessDemandTec End-to-End Promotion Management is a solution that includes related software services for managing the entire promotion process, from collaborative promotion planning and deal management to in-store execution and post event analysis. DemandTec End-to-End Promotion Management includes the following software services: Allowance BillingEnables retailers to automatically calculate and invoice for trade funds Deal ManagementAllows retailers to automate and streamline the trade funds presentation, negotiation, and reconciliation process Promotion OptimizationEnables retailers to take a science-based approach in developing more profitable promotions and to plan, optimize, and execute complete promotion plans Promotion ExecutionEnables retailers to easily publish highly versioned advertisements across media channels. Promotion Planning & ManagementAllows retailers to build develop and manage promotional plans with a collaborative platform that enables versioning and cross-functional collaboration. DemandTec End-to-End Promotion Management also includes analytical services, which are fixed-deliverable professional services packages that leverage the DemandTec Platform. These include: Consumer Insights BasicAn in-depth view of customer baskets and item affinities that allow retailers to develop strategies to drive basket pull through allowing them to make better decisions about promotions. Advanced Consumer InsightsDeep analysis of a retailer’s customer segments, how they respond to merchandising alternatives, and their behavioral triggers, including responsiveness to promotional levers. Maximize the Value of Every PromotionDemandTec End-to-End Promotion Management leverages advanced consumer demand management science to determine the best discounted price for any item or promoted item group, and the best use of merchandising support, such as ads and displays. This solution also allows retailers to create and evaluate multiple promotion scenarios in order to fine tune every aspect of a promotion to ensure they receive the highest possible incremental lift. Efficiently Plan, Execute, and Track Integrated Promotion PlansDemandTec End-to-End Promotion Management enables retailers to collaborate both internally and externally to build category plans that achieve retailers’ objectives. The solution also includes a workflow and approval process to allow retailers to maintain proper oversight. DemandTec End-to-End Promotion Management enables retailers to create a single, unified master calendar that includes multiple category plans, with forecasts of all of the promotions within a given time period, including cross-effects between promoted items and everyday retail items, as well as the impact of stacked or subsequent promotions. Retailers can associate promotions in the master calendar with individual ads and displays, and export promotion information to ad execution systems. With the master calendar, companies can ensure that all promotional decisions across categories are aligned and on track to reach the company’s overall sales, volume, and profit objectives. Boost Efficiency and Effectiveness in the Deal Management ProcessDemandTec End-to-End Promotion Management enables retailers to streamline the deal management process while also providing them with flexibility in choosing the level of supplier collaboration they want. Retailers can choose to simply automate the deal creation, submission, negotiation, and approval process for the thousands of vendor offers received each week, or they can allow even more collaboration and enable their suppliers to plan with advanced analytics, collaborate on joint goals, and measure win-win performance. The retailer defines the rules of engagement with either collaboration model. Retailers are able to dramatically boost productivity by pushing the data entry work to their suppliers – eliminating errors and receiving better deals from their vendors than before.
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