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Blog » Know Your Measures: Pricing and Promotion » Page 6

Know Your Measures: Pricing and Promotion

Lift

July 1, 2012 By Robin Simon 2 Comments

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% increase in sales (in $ or volume) obtained due to retailer merchandising.  Calculated as (Incremental/Base) x 100. This is a good article to start understanding promotion metrics and lift in syndicated data. We have lots of other articles on this topic! Check the tags and categories for more.

Filed Under: Glossary, Know Your Measures: Pricing and Promotion

Merchandising Condition

July 1, 2012 By Robin Simon 2 Comments

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There are 4 commonly used merchandising conditions that manufacturers generally pay retailers to execute in order to sell more product.  Most analyses look at 4 mutually exclusive merchandising conditions:  Feature without Display, Display without Feature, Feature & Display (F&D), and Temporary Price Reduction Only (TPR or TPR Only). We have many posts related to Merchandising. […]

Filed Under: Glossary, Know Your Measures: Pricing and Promotion

Merchandising Efficiency

July 1, 2012 By Robin Simon 13 Comments

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Measures the effectiveness of your merchandising.  This measure tells you the % of promoted volume that you would not have sold if there was no promotion.  Calculated as incremental volume/promoted volume.  Higher is better.   For example, if your efficiency is 10%, this means 90% of the volume you sold during the promotion would have […]

Filed Under: Glossary, Know Your Measures: Pricing and Promotion

Non-Promoted Price

July 1, 2012 By Robin Simon Leave a Comment

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Price paid by shoppers only in stores where the product is not on sale.  Calculated as Non-Promoted $ / Non-Promoted Units (or Non-Promoted Volume).  We do not recommend using this, but Base Price instead. Reference article: Why You Should (Almost) Never Look At Non-Promoted Price.

Filed Under: Glossary, Know Your Measures: Pricing and Promotion

Price Decrease

July 1, 2012 By Robin Simon 2 Comments

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See Temporary Price Reduction (TPR).

Filed Under: Glossary, Know Your Measures: Pricing and Promotion

Price per EQ

July 1, 2012 By Robin Simon Leave a Comment

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Price paid by shoppers per equivalized unit (pounds, ounces, or whatever weight measure is used in your category).  Best to use when comparing prices of products of different sizes.  See Equivalized Sales.

Filed Under: Glossary, Know Your Measures: Pricing and Promotion

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About CPG Data Tip Sheet

The CPG Data Tip Sheet is published by Kevin Lehmann and Goods Group. It was founded in 2012 by Sally Martin and Robin Simon, two consultants who met in business school over a shared interest in the geeky side of marketing and went on to build independent practices of their own. Over more than a decade they turned hard-won experience into plain-English explanations of how CPG data actually works and how to analyze it.

Robin and Sally built this into something the CPG and consumer industry trusts. It continues in that spirit.

Categories

  • Glossary (80)
  • How To Answer Business Questions (43)
  • How To Communicate Insights (19)
  • How To Get Started with Nielsen/IRI (22)
  • How To Understand Your Database (13)
  • Know Your Measures: Distribution (25)
  • Know Your Measures: Pricing and Promotion (45)
  • Know Your Measures: Sales (21)
  • Miscellaneous (6)
  • Uncategorized (1)

Tags

ACV analysis examples analytic skills attributes average items base base weighted weeks career development category management channels characteristics coronavirus coverage factor covid-19 Database distribution due-to Excel tips Facts incremental markets Measures merchandising new items panel data periods pricing pricing strategy products promoted price quantify opportunity retailer direct data retailer markets shopper data store data Syndicated TDP the basics trade promotion trading areas velocity visualization visualizations volume bridge volume decomposition

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Categories

  • Glossary (80)
  • How To Answer Business Questions (43)
  • How To Communicate Insights (19)
  • How To Get Started with Nielsen/IRI (22)
  • How To Understand Your Database (13)
  • Know Your Measures: Distribution (25)
  • Know Your Measures: Pricing and Promotion (45)
  • Know Your Measures: Sales (21)
  • Miscellaneous (6)
  • Uncategorized (1)

Search CPG Data Tip Sheet

Tags

ACV analysis examples analytic skills attributes average items base base weighted weeks career development category management channels characteristics coronavirus coverage factor covid-19 Database distribution due-to Excel tips Facts incremental markets Measures merchandising new items panel data periods pricing pricing strategy products promoted price quantify opportunity retailer direct data retailer markets shopper data store data Syndicated TDP the basics trade promotion trading areas velocity visualization visualizations volume bridge volume decomposition

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