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In the complex landscape of Revenue Growth Management (RGM), balancing the needs of manufacturers, retailers, and shoppers is the key to long-term success. In this webinar, we’ll explore the "Triple Win" concept, focusing on how a deep understanding of shopper behavior can generate value for all stakeholders.
During the webinar, we will:
- Deep-Dive into the Triple Win Concept: Understand how the Triple Win framework can align the interests of manufacturers, retailers, and shoppers to drive sustainable growth
- Importance of Shopper Understanding: Discover why a complete understanding of shopper and consumer behavior is crucial for achieving a true Triple Win and how any other method risks falling short by only benefiting manufacturers and retailers
- Examples to Identify the Triple Win: How are leading companies successfully identifying and implementing shopper-centric RGM strategies to achieve the Triple Win By centering your RGM approach around the shopper, you can enhance margins for both manufacturers and retailers while keeping shoppers engaged and loyal.
Join us to learn how to transform your RGM strategy for long-term success.
- PDF Download:
images/EPP_Pulse/downloads/Journal_PDF_AI-Based_Pricing-EverythingYouNeedtoKnow_V2_copy_1.pdf
- Author (Grid View):
Pedro Soares | Head of Pricing | OMIO
- Author + Position + Company:
Pedro Soares | Head of Pricing | OMIO
- Author + Position:
Pedro Soares | Head of Pricing
- Author - Name Only:
Pedro Soares
- Author - Position Only:
Head of Pricing
- Author - Company at time of writing:
OMIO
- Author - Bio:
Pedro is a professional with more than 10 years of work experience in Strategic Pricing and Revenue/Yield Management at worldwide companies from Industrial Engineering, Travel & Leisure, Food & Beverage and Transportation & Mobility markets. He holds a bachelor's degree in Industrial Engineering and MBA degree in Technologies for Business: AI, Data Science and Big Data. Pedro is one of the co-authors of the book “Arquitetos do Pricing” and he writes a monthly column about Pricing Strategy and Technology for the Aprix Journal. He also participated as a speaker in several events from organisations such as the Professional Pricing Society, European Pricing Platform and UnternehmerTUM. Currently I am working as a Head of Pricing at Omio, a German unicorn which provides an online travel comparison and booking platform based in Berlin.
- Author / Expert - Thumbnail:
- Author / Expert - Photo:
- Article data / edition:
4th Edition | Q2 2024
- Article Intro:
A brief summary of how Artificial Intelligence, one of the most sophisticated approaches in Pricing and Revenue Growth Management, can improve the performance of your business and how to implement it in your company.
A brief summary of how Artificial Intelligence, one of the most sophisticated approaches in Pricing and Revenue Growth Management, can improve the performance of your business and how to implement it in your company.
- After download go to:
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- Free Video:
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Join us for an insightful webinar where we will delve into the transformative impact of AI technologies on Revenue Growth Management (RGM). As we build on the discussions from the recent FMGC/CPG Revenue Growth Management Forum, this session aims to provide a comprehensive understanding of AI's role in revolutionizing RGM practices. Engage with us to uncover how AI is changing the landscape of data analysis, decision-making, and business operations.
This webinar is perfect for those looking to speed up their digital transformation journey within their organizations, especially in the face of heightened competitive actions, and evolving consumer behaviors influenced by technology and economic conditions, all within the new Generative AI era!
Topics covered:
- AI in RGM: How advancements in AI technologies enhance data analytics to help businesses maximize revenue growth, with real-world examples and insights into the new generation of AI-powered tools essential for modern strategies.
- Evolving Decision-Making: The shift from finding answers to asking the right questions and how to build narratives that support strategic decisions.
- Business Benefits: Key advantages such as faster time to market, risk mitigation, and improved communication across the organization.
- Workforce Transformation: The impact of AI on creativity, management practices, and overall business operations.
Don’t miss this opportunity to learn and collaborate on the future of Revenue Growth Management!
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EPP Life Sciences Pricing Forum 2024
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Using the 5th Annual Global Pricing Survey as a foundation, noted pricing expert Chris Kennedy-Sloane will take stock of what market changes impacted us in 2023 and how pricers responded. He will then pull out his crystal ball and predict where pricing is going in 2024. A focus will be on how AI is changing pricing today and its growing impact in the future.
- Highlights of pricing transformation in 2023
- Our predictions for 2024 and beyond
- The elephant in the room: AI in Pricing
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- Free Video:
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In our annual consumer price/promotion survey, we dive into how consumer trade-offs continue to evolve as inflation stabilizes. Although price increases are slowing, many consumers are still feeling financial strain and actively seeking ways to get the most value. At the same time, consumers continue to recognize and value brands, choosing based on more than just price.
Key Take-aways:
• Price Remains Crucial: While price continues to play a significant role in consumer decisions, there’s more to the story.
• Shifting “Back to Brands”: We’re observing a gradual return to brand as consumers seek more than just cost savings.
• Ongoing Trade-Down Behavior: The trend of trading down remains strong, affecting both brand and store selection
• Role of Promotions: Strategic promotions are an important factor in influencing consumer choice, impacting both brand and store selection.
- PDF Download:
images/EPP_Pulse/downloads/Journal_PDF_Cracking_the_elusive_gross_to_net_code_in_Pharma_and_Life_Sciences-An_industry_example_V1.pdf
- Author (Grid View):
Kaushal Kishore | Pricing transformation consultant | Merck
- Author + Position + Company:
Kaushal Kishore | Pricing transformation consultant | Merck
- Author + Position:
Kaushal Kishore | Pricing transformation consultant
- Author - Name Only:
Kaushal Kishore
- Author - Position Only:
Kaushal Kishore | Pricing transformation consultant
- Author - Company at time of writing:
Merck
- Author - Bio:
Kaushal is a pricing transformation consultant currently engaged in Merck and based out of Germany. With around 17 plus years of experience in commercial and pricing, Kaushal has been able to drive pricing transformation initiatives in Pharma, Life Sciences and Manufacturing companies. Kaushal has successfully set-up industry standard contracting and pricing ‘CoE’ functions driving direct business results impacting topline and bottom-line across the life cycle of brands. As a subject matter expert in pricing, he has authored though leadership papers and is a professional coach and trainer on the topic. Kaushal has an MBA degree in marketing and has worked internationally in US, UK, Japan, Europe and India.
- Author / Expert - Thumbnail:
- Author / Expert - Photo:
- Article data / edition:
4th Edition | Q2 2024
- Article Intro:
The case study talks about a Pharma industry example of mature brand portfolio facing YoY sales erosion of around 5 %. This was slightly mitigated by implementing a global gross to net optimization framework for key mature brands leading to topline improvement of approx 8.3 Mn Eur and bottomline improvement of around 2.3 Mn Eur in the first wave. This example illustrates that GtN optimization can be an impactful exercise especially for mature product portfolio. If done in the right way, this framework can lead to million-dollar impact on portfolio.
The case study talks about a Pharma industry example of mature brand portfolio facing YoY sales erosion of around 5 %. This was slightly mitigated by implementing a global gross to net optimization framework for key mature brands leading to topline improvement of approx 8.3 Mn Eur and bottomline improvement of around 2.3 Mn Eur in the first wave. This example illustrates that GtN optimization can be an impactful exercise especially for mature product portfolio. If done in the right way, this framework can lead to million-dollar impact on portfolio.
- PDF Download:
images/EPP_Pulse/downloads/Journal_PDF_Digital_Shelf_Intelligence_as_a_Component_of_RGM_V1.pdf
- Author (Grid View):
Fabrizio Bianchi | Industry Principal Consumer Products Industry | Vistex
- Author + Position + Company:
Fabrizio Bianchi | Industry Principal Consumer Products Industry | Vistex
- Author + Position:
Fabrizio Bianchi | Industry Principal Consumer Products Industry
- Author - Name Only:
Fabrizio Bianchi
- Author - Position Only:
Industry Principal Consumer Products Industry
- Author - Company at time of writing:
Vistex
- Author - Bio:
Fabrizio Bianchi joined Vistex in 2021 as Industry Principal with 20+ years of experience in global programs, providing best in class solutions to the Consumer Goods Companies in the space of Revenue Growth Management. Strong knowledge on the commercial cycle from Customer Business Planning, through Trade Promotion Management & Optimization, Assortment Management & Optimization, Price Management & Optimization, Contract Management, Sales Force Automation and Retail Execution Leading Global positions covered in former roles in the areas of Product Development, Business Development, Strategic Operations and Services Delivery.
- Author / Expert - Thumbnail:
- Author / Expert - Photo:
- Article data / edition:
4th Edition | Q2 2024
- Article Intro:
The consumer products industry is undergoing a significant shift towards online channels. E-commerce is a consolidated reality for all the main categories of CP, offering vast opportunities for companies to reach new customers, leverage new ways of selling and ultimately improve revenues.
However, navigating the online landscape can be complex without having the right guidance.
Ecommerce requires a clear strategy for all components of Revenue Growth Management and dedicated tools to sustain it. In this article, we delve into the current landscape of ecommerce for consumer products, exploring the cutting-edge strategies shaping the industry. We'll highlight the pivotal role of Digital Shelf Intelligence (DSI) capabilities and how their adoption can empower manufacturers to optimize performance and navigate the digital marketplace effectively.
The consumer products industry is undergoing a significant shift towards online channels. E-commerce is a consolidated reality for all the main categories of CP, offering vast opportunities for companies to reach new customers, leverage new ways of selling and ultimately improve revenues.
However, navigating the online landscape can be complex without having the right guidance.
Ecommerce requires a clear strategy for all components of Revenue Growth Management and dedicated tools to sustain it. In this article, we delve into the current landscape of ecommerce for consumer products, exploring the cutting-edge strategies shaping the industry. We'll highlight the pivotal role of Digital Shelf Intelligence (DSI) capabilities and how their adoption can empower manufacturers to optimize performance and navigate the digital marketplace effectively.
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In this webinar you will learn how to price for growth where it really matters, and how to gain extra margins where consumers don’t care—by leveraging the different strategic roles articles play in your assortment: how to identify them and how to price them as an offline, online or multi-channel retailer.
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In this webinar, we’ll explore how advanced analytics and AI are transforming businesses by moving beyond data insights to actionable strategies. Learn how organizations can leverage AI to enhance decision-making, improve operational efficiency, and unlock new growth opportunities. We’ll discuss practical approaches to AI integration and how to overcome common challenges in its adoption.
- Abstract:
The “GenAI” revolution is in full swing. Cross-functional use cases are created based on the latest methods of generative artificial intelligence and can, among other things, process image or voice data without predefined rules. In this article, the authors show what is different compared to previous AI methods and what are new possible applications in pricing and sales. Last but not least, practical guidance how to quickly industrialize use cases in brownfield organization is provided.
- PDF Download:
images/EPP_Pulse/downloads/Journal_PDF_GenAI__What_potential_is_there_for_pricing_and_sales_V1.pdf
- Author (Grid View):
Dr. Marcus F. Demmelmair | Principal | Horváth
- Author + Position + Company (3):
Dr. Matthias Emler | Partner | Horváth
- Author + Position + Company (2):
Daniela Schlager | Senior Data Scientist | Horvath
- Author + Position + Company:
Dr. Marcus F. Demmelmair | Principal | Horváth
- Author + Position:
Dr. Marcus F. Demmelmair | Principal
- Author + Position (3):
Dr. Matthias Emler | Partner
- Author + Position (2):
Daniela Schlager | Senior Data Scientist
- Author - Name Only (2):
Daniela Schlager
- Author - Name Only:
Dr. Marcus F. Demmelmair
- Author - Name Only (3):
Dr. Matthias Emler
- Author - Position Only (2):
Senior Data Scientist
- Author - Position Only (3):
Partner
- Author - Position Only:
Principal
- Author - Company at time of writing (2):
Horvath
- Author - Company at time of writing:
Horváth
- Author - Company at time of writing (3):
Horváth
- Author - Bio (2):
Daniela Schlager is Senior Data Scientist has more than 4 years experience in AI and GenAI powered pricing and sales. Daniela has worked for leading B2B and B2C clients across Europe brining in her deep methodlogical expertise. Reach Daniela at dschlager@horvath-partners.com
- Author - Bio:
Dr. Marcus F. Demmelmair serves as Principal at Horváth and has been helping firms to shape and implement effective pricing and growth strategies at the intersection between business, analytics and technology for more than 10 years. Marcus is a thought-leader and consultant supporting clients in Europe, the Americas and Asia to generate top and bottom-line growth. Reach Marcus at mdemmelmair@horvath-partners.com
- Author - Bio (3):
Dr. Matthias Emler is Partner at Horváth and Head of AI, BI & Data. His consulting focus is on cross-functional strategies and governance concepts for the data- and AI-driven company. Together with his team he drives AI- & data-driven transformations from concept to realization and change. Dr. Emler has many years of international project management experience with major global corporations and large medium-sized companies. memler@horvath-partners.com
- Author / Expert - Thumbnail:
- Author / Expert - Thumbnail (3):
- Author / Expert - Thumbnail (2):
- Author / Expert - Photo (3):
- Author / Expert - Photo (2):
- Author / Expert - Photo:
- Article data / edition:
5th Edition | Q3 2024
- Article Intro:
The “GenAI” revolution is in full swing. Cross-functional use cases are created based on the latest methods of generative artificial intelligence and can, among other things, process image or voice data without predefined rules. In this article, the authors show what is different compared to previous AI methods and what are new possible applications in pricing and sales. Last but not least, practical guidance how to quickly industrialize use cases in brownfield organization is provided.
The “GenAI” revolution is in full swing. Cross-functional use cases are created based on the latest methods of generative artificial intelligence and can, among other things, process image or voice data without predefined rules. In this article, the authors show what is different compared to previous AI methods and what are new possible applications in pricing and sales. Last but not least, practical guidance how to quickly industrialize use cases in brownfield organization is provided.
- After download go to:
Resource Library
- Free Video:
No
- VLT Viewable:
No
Is your organization reevaluating the financial impact of your pricing strategy on company growth? You’re not alone. The economy hasn’t reacted the way many global organizations thought it would. How do you make sure you’re on track today and ready to adapt tomorrow? Steer your organization toward reduced risks by examining margins, identifying sources of leakage, and getting the right insights to accelerate your pricing strategy.
In this webinar, you’ll learn:
· How to uncover what’s driving your business and profitability
· Best practices for alleviating common margin drivers and changes
· How companies have digitally transformed their pricing strategy
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Join us for an insightful conversation as we delve into the transformative impact of generative AI on the pricing landscape. In this webinar, we'll explore the potential of generative AI in pricing strategies, its current applications, and considerations for businesses looking to integrate this technology. Whether you're curious about the role of AI in setting prices or evaluating its readiness for your business, this discussion promises to provide valuable insights. Don't miss out on this opportunity to gain a deeper understanding of how generative AI is reshaping pricing dynamics.
- Abstract:
As pricing becomes a more central focus in the boardroom, the ability to execute tailored and agile pricing strategies will be essential for businesses looking to navigate future volatility and protect profit margins. This article provides detailed insights into the challenges being faced by pricing professionals today, exploring the gap between pricing intentions and execution, and highlighting robust pricing as a strategic advantage for businesses.
- PDF Download:
images/EPP_Pulse/downloads/Journal_PDF_How_prepared_are_businesses_for_ongoing_volatility_V1.pdf
- Author (Grid View):
Steve Peppler | Vice President Product & Business Transformation | Flintfox
- Author + Position + Company:
Steve Peppler | Vice President Product & Business Transformation | Flintfox
- Author + Position:
Steve Peppler | Vice President Product & Business Transformation
- Author - Name Only:
Steve Peppler
- Author - Position Only:
Vice President Product & Business Transformation
- Author - Company at time of writing:
Flintfox
- Author - Bio:
Steve, a founder of Flintfox, has extensive pricing experience honed from senior finance and sales management roles at Kraft, Pepsi, Western Digital and Hewlett Packard. During his 20 years at Flintfox, Steve has worked closely with distributors from all sectors and all regions developing pricing solutions at companies including US Foods, WESCO/Anixter, SiteOne Landscape Supply, PartsTown, Opici Distribution, Sonepar Norway, PJP, Sarnova, Horizon Beverage, Dagrofa FoodService, L&F Distributors, and CERTCO.
- Author / Expert - Thumbnail:
- Author / Expert - Photo:
- Article data / edition:
5th Edition | Q3 2024
- Article Intro:
As pricing becomes a more central focus in the boardroom, the ability to execute tailored and agile pricing strategies will be essential for businesses looking to navigate future volatility and protect profit margins. This article provides detailed insights into the challenges being faced by pricing professionals today, exploring the gap between pricing intentions and execution, and highlighting robust pricing as a strategic advantage for businesses.
In the face of ongoing market volatility and rising costs, businesses are increasingly recognising the critical importance of pricing agility as a key lever for maintaining profitability. A recent survey conducted by Flintfox and EPP highlights that many organisations are struggling to adapt prices swiftly enough to mitigate profit losses, with delays leading to significant financial impacts – an estimated average of €495,000 in annual losses!
- PDF Download:
images/EPP_Pulse/downloads/Journal_PDF_How_you_can_drive_price_growth_without_increasing_the_price_of_your_products_V1.pdf
- Author (Grid View):
Sandeep Mathew | Sales & Marketing Leader | Unilever
- Author + Position + Company:
Sandeep Mathew | Sales & Marketing Leader | Unilever
- Author + Position:
Sandeep Mathew | Sales & Marketing Leader
- Author - Name Only:
Sandeep Mathew
- Author - Position Only:
Sales & Marketing Leader
- Author - Company at time of writing:
Unilever
- Author - Bio:
Sandeep Mathew is a Sales & Marketing Leader at Unilever where he has worked for 16 years across India, Europe, Africa and now South-East Asia. His purpose is to 'Script Highs' where he is in a chronic state of healthy dissatisfaction to seek out highlight moments for himself and his team, and then write about them. He is an avid traveler and foodie and blogged about culture and culinary delights across 50+ countries. Along with his wife, they perform stand-up acts on each other as a form of comedic relationship therapy. Sandeep also believes in holistic wellness. He runs marathons, indulges in adventure sport and most importantly, deeply attuned to his mental wellbeing. During the pandemic, when people around the world lost some of their loved ones to COVID-19, Sandeep lost his best friend to depression. Sandeep noticed that unlike physical ailments, a mental illness like depression is less understood, especially in countries like India where social context exacerbates such situations. This led Sandeep to write and publish his book, Gin Soaked Boy.
- Author / Expert - Thumbnail:
- Author / Expert - Photo:
- Article data / edition:
4th Edition | Q2 2024
- Article Intro:
Most businesses drive their topline price growth by increasing the average price of their products, which is usually done by either increasing the sale price of the products or reducing the intensity of promotions on them. There is often an overlooked third lever, one that does not affect the existing price of your products – Portfolio Mix. What exactly is portfolio mix? Why is it often overlooked? How can this generate a better quality of price growth than Price and Promotions? For all this and more, take a look at the article.
Most businesses drive their topline price growth by increasing the average price of their products, which is usually done by either increasing the sale price of the products or reducing the intensity of promotions on them. There is often an overlooked third lever, one that does not affect the existing price of your products – Portfolio Mix. What exactly is portfolio mix? Why is it often overlooked? How can this generate a better quality of price growth than Price and Promotions? For all this and more, take a look at the article.