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Accelerating Commercial Team Success: Deploying AI Tools for Enhanced Performance
Unlock the full potential of your sales and marketing teams with AI-driven tools! Discover how artificial intelligence can revolutionize your business by streamlining processes, enhancing customer engagement, and boosting performance. Learn about top AI tools for lead generation, sales forecasting, and campaign optimization. Find out how predictive analytics can forecast demand and automate routine tasks, freeing up time for strategic activities. Get practical tips for selecting and integrating AI tools seamlessly into your workflows. Stay ahead of the competition and drive business growth with AI. Read more now!
Beyond Pricing: Comprehensive Revenue Growth Analytics & Management
Revenue Growth Management (RGM) is often mistakenly equated solely with pricing strategies. However, true RGM encompasses a broader scope, leveraging comprehensive commercial analytics to drive business growth across multiple dimensions.
Beyond pricing optimization, RGM integrates advanced metrics and analytics efforts such as Customer Acquisition Cost, Lifetime Value, Churn Rate, Marketing ROI, and Net Revenue Retention to provide a holistic view of revenue and profit opportunities.
By analyzing these diverse data points, companies can unlock insights that lead to improved customer segmentation, targeted marketing campaigns, optimized product and customer mix, and enhanced operational efficiencies.
Companies that expand their RGM focus beyond pricing are better positioned to identify untapped revenue streams, boost profitability, and achieve sustainable growth in an increasingly competitive and insights-driven marketplace.
Unlocking Sales & Marketing Potential with Revenue Growth Analytics: A Strategic Blueprint
Explains how mid-market companies can revolutionize their revenue strategies using advanced analytics, machine learning, and AI. It details how these technologies help identify inefficiencies, enabling companies to make informed, data-driven decisions. This strategic approach is essential for optimizing sales and marketing operations, ultimately leading to sustainable growth and a stronger competitive position.
7 Ways Companies Boost Operating Profits Through Revenue Growth Analytics
Modern companies collect substantial amounts of data. The data captured worldwide is expected to exceed 180 zettabytes by 2025, up from 64.2 zettabytes in 2020. This proliferation of data presents a massive opportunity for companies seeking to gain valuable insights into their customers and operations.
Yet, most businesses don't use data effectively, as up to 73% of all data goes unused. So, how can companies leverage the data they collect to boost profitability? In this article, we'll explore how businesses, particularly in the mid-market space, or those finding themselves "data rich, but insights poor," can gather and use data better and increase profit margins through advanced analytics.
Podcast Interview: AI for B2B Sales
Revology Analytics recently had the opportunity to collaborate with Sales & Marketing experts from the Alexander Group, a leading Revenue Growth Strategy consultancy, where we discussed the impact of AI on B2B Sales Teams.
Why Mid-Market Companies Should Focus on Practical Solutions Before AI
It's easy for us to get caught in the hype surrounding the latest and greatest tech advancements. Currently, AI is at the forefront of this phenomenon (what Gartner calls "peak of inflated expectations"). While AI certainly holds transformative potential, companies must approach its adoption with a measured perspective, especially in the mid-market sector (think $100MM-$1B in revenues).
Building Dynamic Pricing for Fortune 500 Specialty Retailer - Case Study
In this case study, we delve into the strategic implementation of dynamic pricing by a Fortune 500 specialty retailer, aiming to enhance market share and profitability in their brick-and-mortar (B&M) channel. Despite the success of dynamic pricing in their e-commerce channel, the retailer faced unique challenges in translating this strategy to their physical stores, constituting 90% of their sales. The initiative encountered skepticism and logistical hurdles in frequently changing price tags. In partnership with Revology Analytics, the retailer overcame these challenges through a practical, simple-to-understand dynamic pricing solution, resulting in increased gross margins, fast and cost-effective implementation, and successful stakeholder engagement in their dynamic pricing journey.
Driving Manufacturer Gross Profit through Promotion Effectiveness & Optimization - Case Study
In this case study, we explore how a $1.5B privately-held Consumer Packaged Goods manufacturer successfully navigated the challenges of a competitive market. Facing declining market share and profitability, the company struggled with ineffective promotional strategies, leading to eroded gross margins in the face of increased promotional spending. The company collaborated with Revology Analytics to develop the Promotion Effectiveness and Optimization platform using the client's existing tech stack. This included the development of a Pricing & Promotions data warehouse in Azure and Diagnostic and Predictive Analytics capabilities for Pricing & Promotions using Tableau and R. The case study offers valuable insights into overcoming obstacles in planning and profitability, showcasing the significant improvements in retail buyer engagement, gross profit, promotional ROI, and market share.