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Industry Data. A Reseller Perspective. Industry Observations. Limited B2B or B2C data for decision making Supplier/Reseller relationship has changed Success measured by shipments, not customer metrics Limited understanding of market share and trends
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Industry Data A Reseller Perspective
Industry Observations • Limited B2B or B2C data for decision making • Supplier/Reseller relationship has changed • Success measured by shipments, not customer metrics • Limited understanding of market share and trends • Absence of data culture and fact-based decision making • Inability to understand true ROI • Looking back and inside instead of forward and outside
Data Benefits • Better visibility to the lifecycle stage of a product or category • More accurate forecasting and inventory management • Visibility to average price points to support pricing strategy development • Understand market share position / direction • Improve performance of new item launches • Identifying and leveraging emerging trends • Ability to understand ROI
Common Objections • We have a large market share, so we understand the market better than anyone. • My category is declining, so there is no ROI on data utilization. • We’re achieving our growth targets without data
CUSTOMER • Purchase Behaviour Assortment Planning • Assortment • Planning • Supplier • Share / Efficiency • Internal Contribution / Productivity • MARKET • Market Share / Benchmarks
WHERE DO YOU FIT IN? Supplier Preferred Supplier Partner Strategic Advisor Strategic Ally SIMPLE REPLENISHMENT PARTNERSHIPS CONSOLIDATION 6
Final Words • Input to the decision making process, but not the decision making process itself • It’s not a black box or a magic bullet • If you are not getting involved in data, someone else is going to figure it out before you • Stay curious