Learn how TriestAI uncovered our clients blind spots
and delivered actionable insights and recommendations that resulting increased
sales growth and market share using our AI powered Technology
and delivered actionable insights and recommendations that resulting increased
sales growth and market share using our AI powered Technology
Case Studies
Consumer Package Goods
Leading Food & Beverage Company
Snack brand growth and market share in the West Region was not on par with the rest of the regions.
Quick Stats:
- 4 Regions
- 600 Retailers
- 150 Sales Team / Distributors
Issue:
Client’s snack brand growth and market share in the Western Region was number 5 in the Category and not up to part with the rest of the Regions. The objective of the Study was to identify key insights and action points
/ solutions to achieve market leadership in the West for the brand.
Approach:
- Implemented questionnaires working with the Sales / Distributors / Retailers from different regions
- Conducted the Studies with the Sales Team / Distributors / Retailers
- Detailed analysis using TriestAI insights generation to process thousands of feedbacks and identify key insights using Text Analytical engine
Brand moved to # 3 from # 5
Highest Growth and Market share achieved for the Brand in the West
Impact:
Brand & Packaging
Urgent need to increase pack size and product quantity and refresh pack graphics
Urgent need to increase pack size and product quantity and refresh pack graphics
Communication & POS
Current creatives confusing with low impulse value – fresh communication required emphasizing taste, impulse and healthier alternative
Current creatives confusing with low impulse value – fresh communication required emphasizing taste, impulse and healthier alternative
Promotions
Category is heavily promoted with extremely competitive, brand needs annual calendar of constant promotions
Category is heavily promoted with extremely competitive, brand needs annual calendar of constant promotions
Sales SOPs
Comprehensive programs on number of calls, strike rate, channel specific initiatives
Comprehensive programs on number of calls, strike rate, channel specific initiatives
NPD / Innovation
Specific new flavor variant unique to client to be rolled out in the West
Specific new flavor variant unique to client to be rolled out in the West
Brand moved to # 3 from # 5
Highest Growth and Market share achieved for the Brand in the West
Healthcare
Health & Personal Care Company
The brand has been declining in volume nationally for ten years
Quick Stats:
- 4 Regions
- 400 Pharmacies/ 400 Doctors
- 100 Sales Team Members
Issue:
Client’s children’s digestive aid sold OTC and through doctor prescription is a close number 2 in the market. The brand has been declining in volume nationally for 10 years. In the last 3 years it has declined 10% in
volume. Revenues have been made up through price increases. The market leader in the category also sells largely OTC. The objective was to understand the drivers and barriers to growth, develop the strategy to reverse
this 10 year volume decline and improve overall sales to a positive sustainable growth rate of 10+% going forward.
Approach:
- Implemented questionnaires working with the Sales directors from different regions
- Conducted the Studies with the Doctors / Pharmacies / Field Sales Team
- Detailed analysis using TriestAI insights generation to process thousands of feedbacks and identify key insights using Text Analytical engine
Brand volume decline reversed for the first time in a decade
Impact:
Brand
Refreshed the brands look and feel to make it less medicinal
Refreshed the brands look and feel to make it less medicinal
Pack Sizes and Pricing
Remove disproportionate consumer price disadvantage between larger and smaller packs
Remove disproportionate consumer price disadvantage between larger and smaller packs
Pharmacy Placement Stocking and Schemes
Refreshed the brands look and feel to make it less medicinal
Refreshed the brands look and feel to make it less medicinal
Doctors
Fresh medical literature with new indications separately for GPs and Pediatricians, refreshed detailing guides with latest clinical trials, national prescription drive with validation
Fresh medical literature with new indications separately for GPs and Pediatricians, refreshed detailing guides with latest clinical trials, national prescription drive with validation
Sales Team L & D Program
Refresh on product knowledge, doctor and pharmacy detailing with new incentive plan
Refresh on product knowledge, doctor and pharmacy detailing with new incentive plan
Brand volume decline reversed for the first time in a decade
Fashion
Leading Apparel Manufacturer
Men's innerwear business growth in North Region not on par with the rest of the Regions
Quick Stats:
- 3 Regions
- 150 Retailers
- 150 Sales Team Members
Issue:
Client’s men’s innerwear business growth in North Region was at 20% and not on par with West at 40%. The leading brand in the men’s innerwear category has around 90% percent market share. The objective of the diagnosis
was to identify the blind spots that were preventing the North region from growing at the desired rate. The areas probed were Brand Strength, Product Fit, Pricing, Sales/Distribution Channels, and Marketing Programs.
Approach:
- Implemented questionnaires with the Sales Team / Retailers from different regions
- Conducted the Studies with the Sales Team / Retailers
- Detailed analysis using TriestAI insights generation to process thousands of feedbacks and identify key insights using Text Analytical engine
Sales growth in North grew by 45% and exceeded other regions
Impact:
Brand
Focus on single lead SKU, rather than range selling
Focus on single lead SKU, rather than range selling
Communication
Revamp and refresh look and feel to highlight lead SKU with functional benefits' superiority
Revamp and refresh look and feel to highlight lead SKU with functional benefits' superiority
POS/In Store Activation
Fresh electronic and static creatives in power aisles, browsing and billing areas
Fresh electronic and static creatives in power aisles, browsing and billing areas
Stocking/Placement
Lead SKU in 100% stores, at least one SKU of entire range in top 20% stores
Lead SKU in 100% stores, at least one SKU of entire range in top 20% stores
Promotions/Packaging
On pack promotions bundled with men's essentials like towels and handkerchiefs supported with POS and instore communication
On pack promotions bundled with men's essentials like towels and handkerchiefs supported with POS and instore communication
Sales growth in North grew by 45% and exceeded other regions