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Developed and managed by ACNielsen, ‘what’s in store’ is an industry leading solution, providing user friendly access to store-by-store, item level data in near real time. Developed to assist Canadian retailers and manufacturers, ‘what’s in store’ turns a retailer’s weekly point-of-sale data into immediately useable insights, contributing to better results in category management practices. The information is refreshed weekly, and delivered via the web.
Provides Insight into:
- Did last week’s promotion achieve the objective?
- What are the most important stores/markets for my product?
- Which products are driving the category, subcategory or supplier sales in this store
- Which stores sold / did not sell my key item last week?
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Which items was a store selling last week?
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Which items has a store not sold in the latest four weeks?
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Are my seasonal items achieving their hurdle rates?
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How does a store compare to other stores in the region?
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Which stores are selling / consistently selling outside the common price?
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Which stores did not comply with the promotional pricing?
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How are my sales representatives performing?
"Would really make reps accountable for their stores"
(Account Business Manager)
Feedback From Users:
- Users surveyed have commented on how fast the ‘what’s in store’ system is as well as the ease of use.
- Manufacturers liked being able to see information using retailer definitions. This means they are speaking the same language, and understand how the retailer views the business.
- Users see immediate use for this service in the following areas of their business: distribution / clearing old inventory / where to focus time for promotions / where to do coupon drops / forecasting for theme's like 'back to school' / price reduction compliance.
Key Business Benefits:
- Assess new item presence and sales rates by store
- Optimize assortment at store level
- Understand success drivers for user defined store groups
- Measure the effects of promotional program execution
- Improved retail execution and vendor Collaboration
- Fast access to store level information
- One view: one number (Retailer Defined Hierarchy) and format
- Reduce duplication of effort
- Minimize financial and training costs
- Provide ROI to retailers and vendors through improved category management
- Benchmark individual store performance
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