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Consumer Products

TRADE PROMOTION MANAGEMENT

Consumer products (CP) companies typically spend between 10-20% of their gross revenues, and upwards of 60% of their marketing budget on the promotion of their brands with their retail customers. However, this huge spend is typically made with relatively little consideration for ROI and the impact on the supply chain.

The development of a systematic trade promotion management (TPM) program is essential to:

Clearly define a go-to-market strategy
Better understand your consumers
Promote your products to targeted consumers
Refine delivery and distribution to meet the demands of sophisticated consumers

Clarkston Consulting’s CP experts will help your company with:

Establishing a process where each marketing event has a clearly defined hypothesis before the event occurs
Driving growth through targeted marketing and promotions
Analyzing emerging trends with real-time, integrated data
Achieving compliance with regulatory guidelines and industry standards through repeatable approaches
Innovating with new products and brand extensions
Managing the entire product lifecycle
Linking sales and marketing with finance and supply chain

Build and conquer top-line growth with Clarkston’s global demand chain services.


Related Links

Trade Promotion Management Insight

Barber Foods — Trade Promotion Optimization Strategy Improves Retail Effectiveness
Trade Promotion Optimization Viewpoint

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