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Leveraging Commercial Analytics for Profit Growth in Acquisition-Heavy Companies
Explore how leveraging advanced commercial analytics can dramatically enhance profit margins for companies growing through acquisitions. Our latest article dives into the pivotal role of unified data sources and system integration in streamlining operations and boosting profitability. Discover how tools like Revenue Growth Analytics reduce manual data processing and provide actionable insights that lead to more efficient decision-making and optimized business strategies. Read the complete insights to understand the transformative impact of these technologies, tools, and methods on acquisition-heavy companies.
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).
RA Quick Insights: Smarter Discounting for B2B
Discover how strategic discounting transforms customer engagement and drives profitability in this week's Revology Analytics Insights video. Learn to tailor discounts effectively, ensuring sales growth and customer loyalty without compromising your bottom line.
RA Quick Insights: The State of Promotion Analytics
Discover the latest insights in our newest video: The State of Promotion Analytics & Optimization. A must-watch for this week!
The In-Sourced Analytics Revolution: Leveraging Popular Tech for Sales & Marketing Transformation
AI and ML have been reshaping industries, and Sales and Marketing Executives stand at a pivotal crossroads as capabilities from leading tech platforms accelerate.
The key to a competitive edge and increased profitability is leveraging popular tech stacks like Microsoft and Google. However, navigating through an oversaturated market of ~ 10,000 "turnkey" software products for Sales & Marketing Enablement is daunting.
Enter In-Sourcing, the strategic approach that elevates your company's analytics maturity, using popular tools like Microsoft's Power Platform and Azure or Google Cloud AI. In-sourcing your Revenue Growth Analytics capabilities highlights the transformation from vendor-reliance to an empowered, insights-driven organization, offering a path for executives to transform their companies to truly data and insights-driven.
Supercharge Your Revenue Growth Strategy with Knowledge Graphs
In our recent webinar titled "Supercharge Your Revenue Growth Strategy with Knowledge Graphs," we discussed how this unique commercial analytics approach makes understanding multi-dimensional business data more accessible and substantially faster, helping you make smarter decisions and drive Profitable Growth quicker.
Give the Gift of Revenue Growth Analytics Skills
Kickstart the New Year with a game-changing gift for your team!
Discover our specialized corporate training programs in Advanced Revenue Growth Analytics, designed to fill the practical skill gaps in Revenue Growth Analytics (RGA) that many companies face.
It's the perfect opportunity to empower your commercial and analytics/data science teams with hands-on, real-world skills that immediately impact your bottom line.
Taking Charge of Your Revenue Growth Analytics
Revology Analytics had the opportunity to join 25 leading Revenue Growth Management executives in CPG and Manufacturing in St. Louis earlier this week. We discussed the state of Revenue Growth Analytics in the CPG industry and the significant opportunity to in-source and own many of the advanced analytics capabilities foundational to a successful RGM and Pricing strategy.
In many ways, the state of Revenue Growth Management and its associated analytics capabilities have not changed meaningfully in the last ten years for Consumer Goods companies. There's still a heavy reliance on data and information providers like Nielsen and IRI to carry out foundational Pricing & Promotional Analytics efforts, including Price Elasticity and Marketing Mix Modeling, or a heavy reliance on 3rd party software for price analytics, scenario analyses, and optimization efforts.
However, the world is changing....fast.
Optimizing Medical Device Gross Profits with Dynamic B2B Margin Analytics Platform - Case Study
This case study explores how a prominent med-tech company revolutionized its margin management by developing an in-house Dynamic B2B Margin Analytics Platform. Faced with challenges such as limited visibility into pricing and margin drivers and inconsistent discounting practices, the company recognized the need for advanced pricing analytics capabilities. Partnering with Revology Analytics, they embarked on a strategic journey to enhance their pricing analytical acumen, aiming to improve net price realization and address revenue leakages. The case details the transformative impact of this initiative, demonstrating the effectiveness of co-creating an in-sourced solution with internal stakeholders, using an existing tech stack like Tableau for powerful visualization and scenario analysis capabilities.
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.
Solving Unproductive Inventory Challenge with Dynamic Markdown Pricing - Case Study
Learn how a leading North American consumer durables distributor improved liquidity and profitability with Revology Analytics' Markdown Price Optimization solution. Discover how the solution increased Gross Profit by 5% annually, enhanced inventory liquidity by 30%, and saved significant labor hours for pricing and sales teams. Explore the benefits of advanced inventory management for sustained growth and financial stability.
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.
Promotion Analytics: Why 50% of companies are falling behind and how to catch up.
Two decades later, Promotion Effectiveness & Optimization is still a substantial business problem for companies; at least 50% struggle in this arena.
When we asked ~ 150 commercial leaders about their organization's Promotion Effectiveness & Optimization capabilities, the Consumer Goods industry emerged with a high score of 3.3 (a little better than Average). This is unsurprising since this is one industry where Promotional spending is routinely 15-30% of Gross Revenues and where the Trade Promotion Management, Effectiveness & Optimization (TPX) software industry grew the fastest.
Why Price Realization Matters
Why Price Realization Matters: Key Findings from our Inaugural Revenue Growth Analytics Survey.
A company's ability to consistently measure and manage its Net Price Realization is a crucial, yet often overlooked, element of a robust Profit Growth Strategy.
Price Realization - the difference between your List Price and Actual Price (after discounts, rebates, and other incentives/concessions) impacts your bottom line in a significant way.
Over 125 commercial leaders have taken our Revenue Growth Analytics Maturity Quiz, which measured maturity/competency scores across three major areas:
1) Margin Analytics & Optimization
2) Promotion Effectiveness & Optimization
3) Sales & Customer Growth Analytics
The first question in the "Margin Analytics & Optimization" section asked respondents, "How frequently is pricing performance (net price realization) measured and reported to company leaders?".
Accelerating your Commercial Analytics Workstreams with ChatGPT
GPT-4 is already starting to reshape the field of commercial analytics, and we at Revology Analytics are huge proponents of it.
In our recent webinar titled "GPT-Powered Speed: Supercharging your Revenue Analytics," we delved deep into how GPT-4 is a game changer for analytics teams. More specifically, we explored GPT-4's ability to accelerate productivity around diagnostic and predictive analytics for Revenue growth problems.
In addition to exploring how to create the perfect prompts for analytical workstreams, we provided hands-on examples in Python using simulated data sets for things like Price Elasticity modeling, Cohort Analyses, and Churn Modeling.
We have the full recording available here for those who missed the live session or wished to revisit the insights.
How To Manage Your Marketing Budget For Improved ROI
This article was originally published in Authority Magazine’s “The CMO” newsletter.
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With the growing complexity of marketing channels and the need for businesses to constantly adapt their strategies, managing marketing budgets effectively has become more critical than ever. In this interview series, we speak with CMOs and other marketing leaders who have significant experience in budget management and optimization, to share their “5 Ways To Manage Your Marketing Budget For Improved ROI.” As a part of this series, we had the pleasure of interviewing Armin Kakas.
Demistifying Marketing Mix Modeling
In our popular webinar on Marketing Mix Modeling (MMM), we disdcuss the pros/cons of MMM, and its growing importance in today's privacy-centric, cookie-less world.
We also deep-dive into Meta's innovative MMM framework, Robyn, highlighting how it has revolutionized marketing analytics with its cost-efficiency, granularity of insights, and flexibility.
Our detailed presentation and recorded webinar offer practical demonstrations of Robyn's capabilities, providing a holistic view of channel effectiveness, adstock decay rates, and marketing budget optimization.
The era of six-figure marketing analytics is a thing of the past - welcome to a future of accessible, affordable, and robust marketing effectiveness measurement.
The Merits of Aggregated Data for Demand and Price Elasticity Modeling
It's time to rethink traditional sales and price elasticity modeling methods.
Aggregated data at the retail chain level and modern machine learning models are vital in shaping an efficient, practical, and robust approach for predicting and explaining retail sales.
Why this shift? The traditional reliance on granular, disaggregated (i.e., store-product-day level) data and old-school models are costly, complex, and often misaligned with practical management strategies.
Turning to aggregated data and modern ML approaches reduces costs, enhances model accuracy and efficiency, and makes these valuable insights more accessible to smaller firms and faster for larger ones.
Moreover, in-sourcing these capabilities builds critical, sustainable expertise for Revenue Growth Management, freeing companies from reliance on 3rd parties. This shift signifies an effective and sustainable future for Revenue Analytics and redefines competitive positioning, enabling superior service and product offerings.
Optimizing Medical Device Gross Profits with Dynamic B2B Margin Analytics Platform
Discover how Revology Analytics collaborated with a leading med-tech company to develop a dynamic Margin Analytics platform to enhance pricing and discounting capabilities and promote a stronger margin management discipline.
This case study illustrates the effectiveness of our Outcome-Based Analytics framework combined with targeted Revenue Growth Analytics expertise. Our highly collaborative approach involving internal Core Teams and Sales Team power users ensured the co-creation and sustainable adoption of the Margin Analytics and Optimization capability.
Read more about our detailed approach, with examples of a B2B Marging Analytics dashboard built using simulated data.