Plan and Execute Effective Retail Promotions (A4)

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  • 7/29/2019 Plan and Execute Effective Retail Promotions (A4)

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    SAP Sli BifSAP for Retail

    SAP Promotion Management for Retail

    Plan and Execute Efective Retail Promotions

    Bsiss Calls

    Maximize protability and incremental

    sales

    Find the right mix of promoted and

    nonpromoted items at the category

    and basket level

    Ensure that the right amount of inven-

    tory is in place

    Speak to individual customers directly

    Demonstrate an understanding of cus-

    tomer wants and needs

    K Fas Isifl aalics Implement a

    comprehensive promotional strategy

    and improve nancial performance

    through predictive analytics

    Automated workow Facilitate col-

    laboration among all promotion

    stakeholders

    Csm-cic pmis

    Direct promotions to specic geo-

    graphic and demographic markets

    Daabas f pdc ifmai ad

    oers Plug information into an elec-tronic merchandising layout linked to

    your desktop publishing program

    Business Benets

    Greater promotional eectiveness by

    creating more protable and timely

    promotions

    Enhanced eciency by providing

    tools to generate targeted promotions

    for all your sales channels

    Improved productivity by supporting

    better collaboration among marketing,

    merchandising, and advertising

    stakeholders

    Icasd accac i pdc- ad

    store-level forecasts by automatingand improving the forecasting process

    Lw pmial css by reducing

    the time required to produce adver-

    tisements and minimizing the number

    of proofs

    F M Ifmai

    Call your SAP representative, or visit

    www.sap.com/retail.

    Smma

    The SAP Promotion Management for

    Retail application oers complete sup-

    port for planning promotions, forecasting

    their performance, and creating a

    closed-loop promotions process by inte-

    grating with execution systems. Model-

    ing and analysis functionality lets you

    assess individual oers as well as larger

    promotions. The software can help you

    make personal appeals to customers

    through multiple sales channels, improve

    service levels, and work eectively withyour supply chain partners.

    Quick Facts

    http://www.sap.com/industries/retail/index.epxhttp://www.sap.com/industries/retail/index.epx
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    BuILDIng A SoLID ProMotIonAL

    InFrAStruCture

    Eective retail promotions maximize prof-

    itability and incremental sales. This re-

    quires accurate forecasting that helps re-

    tailers nd the right mix of promoted and

    nonpromoted items at both the merchan-

    dise category and shopping basket levels.

    It also requires careful control of the sup-

    ply chain to ensure that the right amount

    of inventory is in place. Increasingly, retail-

    ers must also nd ways to speak directly

    to individual customers and convey an

    understanding of their wants and needs.

    Achieving these objectives can be chal-

    lenging without a centralized platform for

    collaboratively planning and tracking pro-

    motional activities. Many retailers also

    lack the analytics for accurately predict-

    ing promotional demand and its eect on

    sales and prots. This can result in lost

    sales, poor protability, disappointing ser-

    vice levels, and excess inventory.

    At the same time, retailers must link

    their promotional planning with other

    marketing activities that may be happen-

    ing concurrently such as a mass cou-

    pon mailing that oers a discount o a to-

    tal basket purchase. Many merchants will

    testify to the impact that a simultaneous

    marketing campaign may have on the

    protability of individual merchandise

    categories.

    The SAP Promotion Management for

    Retail application provides comprehen-

    sive support for planning your promo-

    tions, forecasting their performance, and

    integrating with SAP BusinessObjects

    business intelligence solutions to analyze

    promotional results. It supports promo-

    tional event planning that includes

    merchandising-based advertising layouts.

    Modeling and analysis functionality lets

    you assess individual oers as well as

    larger promotions.

    ASSeSSIng PotentIAL FInAnCIAL

    IMPACt

    To know whether your promotion is eec-

    tive, you must rst set specic nancial

    expectations. SAP Promotion Manage-

    ment for Retail provides a comprehensive

    set of tools for nancial analysis and fore-

    casting. These tools minimize manual

    data-gathering and analytical tasks that

    require signicant resources and time.

    They help you assess the nancial impactof your promotional decisions accurately

    and objectively and make whatever ad-

    justments you may need to meet your

    performance goals. By helping you make

    better promotional decisions, they can

    signicantly increase the protability of

    your promotions.

    Proven demand-based forecasting

    models predict how individual promotion-

    al oers will perform. These models can

    reveal shopper preferences by location to

    understand future demand and predict

    the nancial impact of variations in time

    of year, price, and promotional tactics.

    They can also weigh the eects of simul-

    taneously promoting other items.

    Aggregated nancial summaries at

    the product, group, advertising page,

    and event level provide visibility into

    projected nancial results. This helps en-

    sure that your promotions deliver the

    performance you expect. After you

    The SAP Promotion Management for Retail application

    provides comprehensive support for planning your pro-

    motions, forecasting their performance, and creating

    a closed-loop promotions process by integrating with

    execution systems.

    Todays retail organizations can improve success by rolling out

    eective promotions that grow market share. These can range

    from traditional circulars or print media to real-time, highly per-

    sonalized campaigns directed to shoppers smartphones. The

    SAP Promotion Management for Retail application improves

    the entire promotions process. It can help you make personal

    appeals to customers through multiple sales channels, improve

    service levels, and collaborate with your supply chain partners.

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    execute a promotion, you can also use

    SAP BusinessObjects Dashboards soft-

    ware to measure performance against

    your forecast and nancial goals.

    enhAnCIng the ProMotIonAL

    PLAnnIng ProCeSS

    Eective promotions require careful plan-

    ning. SAP Promotion Management for Re-

    tail supports a wide range of promotional

    planning activities. It can help you e-ciently plan and manage concurrent pro-

    motions in multiple regions, pricing terri-

    tories, and languages.

    The software includes complete sup-

    port for consumer-centric promotions

    based on dierent advertising page

    counts, themes, and languages. This

    makes it easier to direct promotions to

    specic geographic and demographic

    markets.

    AutoMAtIng WorKFLoW to

    FACILItAte CoLLABorAtIon

    SAP Promotion Management for Retail

    helps you automate the workow be-

    tween your advertising and merchandis-

    ing departments and lets stakeholders

    communicate and collaborate in real time.

    You can assign and approve tasks elec-

    tronically and continuously monitor their

    progress. Multiple merchandisers can

    work on the same promotion simultane-

    ously without interfering with each other.

    IMProvIng ProDuCtIvIty AnD

    DeCISIon MAKIng

    Merchandising groups typically spend an

    enormous amount of time on the tactical

    issues related to creating promotional ad-

    vertising collateral. SAP Promotion Man-

    agement for Retail reduces this eort by

    automating and integrating tactical tasks

    and supporting the promotional decision-

    making process with forecasting and ana-

    lytical tools. The software also helps you

    establish and maintain a database of

    product information and oers.

    You can plug information from this

    database into an electronic merchandis-

    ing layout that is linked to your desktop

    publishing program to create promotional

    collateral. This eliminates the complexity

    of using multiple spreadsheets that can-

    not be integrated. It also eliminates mis-

    takes due to duplication of information,

    reduces production lead times, and mini-

    mizes the cost and time involved in proof-ing collateral.

    exeCutIng ProMotIonS

    Through tight integration with

    QuarkXPress or Adobe InDesign desktop

    publishing software, SAP Promotion

    Management for Retail provides direct,

    dynamic links from the merchandising

    layouts to desktop publishing functions.

    This lets you build and update pages

    automatically within your advertising

    department or at an external agency.

    The software enables full electronic

    proong of advertisements before export-

    ing them to your desktop publisher. This

    reduces the errors that often occur and

    saves costs in rework and communica-

    tion. Because the software is modular, it

    can be deployed alone or integrated into

    other SAP for Retail solutions to suit your

    particular business needs.

    BottoM-LIne SAvIngS AnD toP-LIne

    groWth

    With SAP Promotion Management for Re-

    tail, everything is handled via a single inte-

    grated application that helps you produce

    eective promotions more quickly and

    more protably. By minimizing tactical

    tasks, the application frees you to focus

    on strategic initiatives that deliver

    bottom-line benets to your organization.

    SAP Promotion Management for Retail

    helps you create more eective promo-

    tions by injecting an understanding of

    shopper demand into the process. It lets

    you dene and execute promotions more

    eciently by facilitating collaboration be-

    tween your advertising and merchandis-

    ing departments.

    In addition, SAP Promotion Manage-

    ment for Retail oers the following

    benets:

    Greater promotional eectiveness

    that enables the creation of protable,

    timely, and targeted promotions

    Enhanced eciency by providing thetools to generate more eective and

    protable targeted promotions within

    each of your selling channels

    Improved productivity by supporting

    better collaboration among marketing,

    merchandising, and advertising execu-

    tion groups; streamlining promotions

    through fewer cycles; and using re-

    sources more eciently

    Icasd accac i pdc- ad

    store-level forecasts to help you un-

    derstand the nancial performance of

    each promotional event before making

    nal decisions

    Lw pmial css by reducing

    the time required to produce advertise-

    ments and minimizing the number of

    proofs needed to print and review

    the SAP ADvAntAge

    SAP Promotion Management for Retail is

    just one of many valuable oerings avail-

    able in the SAP for Retail solution portfo-

    lio. Because the oerings are modular instructure, you can deploy them according

    to your business priorities. Preloaded

    templates let you use and adapt some

    functions immediately to drive company-

    wide best practices.

    A global team of experts facilitates im-

    plementation, knowledge transfer, and

    user training on all portfolio solutions.

    Ongoing SAP research and development

    helps ensure that our retail solutions con-

    tinually improve in response to customer

    requests and retail trends.

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    F M Ifmai

    To nd out more about SAP for Retail so-

    lutions and learn how your organization

    can streamline its promotions process

    with SAP Promotion Management for

    Retail, call your SAP representative today

    or visit www.sap.com/retail.

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