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Shopper Tech Update                     June 13, 2011 - Volume 2, Issue 11

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In This Issue
SHOPPER MARKETING: Five Proven Strategies for Winning Shoppers in New Categories
INSTANT POLL: How to Win Shoppers and Increase Sales
DIGITAL MARKETING:Best Practices to Make Enhanced Barcodes Effective
MARKET WATCH: CIOs Focus on Analytics and Insight to Deal with Change and Competition
Shopper Tech's LEAD Marketing Conference

 LEAD 2011 

Registration for Shopper Tech's 3rd Annual LEAD (Loyalty-Engagement-Analytics-Digital applications) Marketing Conference in Chicago, Sept. 19-21 is now open, and is complimentary for qualified retailers and manufacturers. Hear speakers from Google, Ahold, dunnhumby, J&J, Bi-Lo, Coca Cola, Supervalu & more.  Click here for more information.

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Shopper Marketing

womanFive Proven Strategies for Winning Shoppers in New Categories

 

A bigger basket. All retailers want it, and almost all of them have become adept at persuading shoppers to buy a particular item - whether it's a new brand of pet food or a line-extension in cereal. But turning those one-off item purchases into long-term incremental behavior is an all-together different challenge. It takes a deft understanding of shopper needs, brand loyalty and price and promotional responsiveness to win the bigger basket again and again.

 

Most retailers now know that this insight is attainable through analysis of shopper purchasing data, but putting it into practice is quite another matter... 

read entire story 

Instant Poll

How to Win Shoppers and Increase Sales


What is the single best strategy for winning shoppers?
 

Identify the most important shoppers and determine which items drive what type of shopping trip
Analyze shopper data to track what shoppers are buying - and not buying - and stock stores accordingly
Get the price right with a shopper-centric pricing strategy
Study purchase data to determine shoppers' brand preferences in various categories
Market to shoppers in a more relevant and profitable way by understanding who they are and what is important to them
Other (specify in the "Comments" section of the Results Page)


view results

Digital Marketing

QRBest Practices to Make Enhanced Barcodes Effective

                                           

New technologies are fueling some exciting ideas in the promotions space. As they emerge, questions arise regarding the use of such technologies, especially as they relate to coupon redemption. While the possibilities and ideas are intriguing, they are not without challenges.

 

Today, some companies are touting the next best couponing concepts enabled by barcodes on various discovery places, such as on-pack, traditional print, on-shelf, and even on billboards. From proprietary codes to special graphic barcodes - 1D and 2D barcodes seem to be everywhere - barcodes are an effective way to help consumers discover more information about a particular product or engage in the newest collect-to-win game...

read entire story

Market Watch

CIOs to Focus on Analytics and Insight

To Deal with Change and Competition

 

How are consumer product companies helping their organizations adapt to the accelerating change and complexity that mark today's competitive and economic landscape?  By focusing on analytics, business intelligence and insights, says a new IBM survey of global chief information officers.

 

Over 90% of consumer products CIOs cite analytics and business intelligence as their top visionary plan in the next three to five years, followed by 81% who cited mobility solutions. The execs say the top two areas of focus to support organizational strategies are insight and intelligence and client intimacy. The research identified several "CIO mandates," based on how each organization views the role of IT. For the consumer products industry, the predominant one was the "expand" mandate...

read entire story 

STI News

New Members of the Shopper Technology Institute

 

The Shopper Technology Institute welcomes four companies as sponsoring members:

Precima, TradeInsight Powered by MEI, Coupon Factory, and Dassault Systèmes.

 

Precima, a LoyaltyOne company, uses shopper insights to enable more profitable merchandising and marketing decisions to help leading retailers and manufacturers increase sales and profits and build long-term customer loyalty. Precima's unique combination of loyalty, analytics and retail industry expertise, honed over 18 years, has helped its clients evolve to become more shopper-centric.  Serving many of North America's leading companies, Precima is recognized for delivering measurable results tailored to retailers' and manufacturers' unique needs. More information about Precima can be found at www.precima.com.

 

TradeInsight Powered by MEI is a next-generation trade promotion management (TPM) tool that gives CPG manufacturers the power to efficiently plan, forecast, reconcile and track trade spend and performance.  TradeInsight increases profits, strengthens brand assets and provides better supply chain and inventory management. For more information, visit www.TradeInsight.com.

 

CouponFactory is a turnkey digital/mobile couponing solution that allows CPGs/Retailers to create and distribute a coupon campaign within minutes. Once the campaign has launched, CouponFactory allows companies to track the performance of the campaign through a real-time analytics dashboard, along with collecting data for all customers who have printed a particular coupon. CouponFactory is owned and backed by Rockfish, a full-service, award-winning agency that can assist you in creating a full marketing plan to suit your particular situation and needs. More info is at www.couponfactory.com.

 

Dassault Systèmes (DS) delivers complete Product Lifecycle Management (PLM) solutions that help companies develop innovative products that consumers want. Throughout the value-chain, from concept to planning, specification and supply processes. DS is helping retailers, wholesalers and manufacturers pursue growth through innovation. DS delivers solutions that integrate business process management, package design, product development, production planning and sourcing, plus a lifelike shopping experience, while managing and enhancing brand equity. For information visit www.3DS.com.

 Shopper Technology Institute Sponsoring Members 

 

PREMIUM MEMBERS

HRCP

Henry Rak Consulting Partners

Decision Insight

Decision Insight

GfK

GfK

 

MEI

TradeInsight Powered by MEI

Precima

Precima 

IBM

IBM

  

 

 

 

EXECUTIVE MEMBERS

PILM

Partners in Loyalty Marketing

 
Inmar

Inmar

VideoMining

 

Video Mining

 

KSS Retail

KSS Retail

 

 

 

 

 

 

 

BASIC CORPORATE MEMBERS

 

Coupon Factory                       

Dassault Systemes                    Incentive Targeting

DataLogix                                 Launch Creative Marketing

DemandTec                              Loyalty Kiosk

DS-IQ                                        Newhook Marketing

Gladson                                    Relational Solutions