From Quality Merchandising to Price Reductions – Optimize Your Promotions
Seize hidden revenue opportunities and uncover potential issues to solve them before they become problems. The days of cobbling together hundreds of reports to discover problems are gone. Our AI-powered applications enable CPGs to get comprehensive advanced analytics and optimized promotional plans across all channels, retailers, markets, and products that improve performance.
CPGs no longer need to rely solely on brokers or retailers to uncover hidden revenue and margin growth opportunities. With our AI-powered solutions, they have the power to sense, predict, and shape market dynamics, maximizing the effectiveness of trade spend through optimized strategies across the 4Ps.
Symphony RetailAI’s Promotion Management solution monitors spend effectiveness and competitive position, sensing trends by channel and market for every brand and promoted product group. It provides prescriptive guidance on the best course of action to create incremental efficiency gains and margin improvements, allowing CPGs ton dynamically adjust plans to correct performance gaps before it’s too late.
Powered by ML/AI, our solution evaluates hundreds of thousands of scenarios, learning and automatically finding the best plans across all channels and customers to achieve manufacturer and retailer objectives.
By considering complex trade-offs and interactions on pricing, timing, mechanics and investment across retailers, it increases both efficiency and effectiveness, improving revenues, margins and trade fund ROI.
By using AI models that are tailored to FMCG retail, CPGs will be able to:
When we started our loyalty program, we got six million trackable customers at one go. Together with Symphony RetailAI we then started to analyze this valuable data and began to use it to be more relevant in our customer communications through personalization. Beyond that, Symphony RetailAI analytics and tools helps us to optimize our core business like finding the right prices, products and promotions.
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