Ecommerce Joint Business Planning Drive Sales
Client Description
- US Consumer Packaged Goods Manufacturer
- Leading Ecommerce Retailer
Background
- Opportunity to grow sales in ecommerce for the CPG manufacturer
- Fast growing category has even more potential for key retailer
- Both parties must work together to capture the opportunity due to strength of both retailer and manufacturer
Objectives
- Share insights and key findings about growth opportunities , consumer/shopper, sales trends and supply chain.
- Develop common strategies and initiatives with clear action plans and investments.
TPG Approach
- Developed a joint planning process specifically for the ecommerce opportunity
- Provided financial models to help both sides understand profitability issues and supply chain costs
- Conducted online shopalong studies with shoppers to unlock key barriers and triggers to purchase online
- Worked with manufacturer and retailer to share category insights about consumption, segments driving growth and opportunity for innovation
- Reviewed prior marketing events (digital) for ROI and provided recommendations of better investments with input from retailer
- Developed and achieved agreement on the joint business plan, scorecard and key initiatives
Impact/Results
- Improved product assortment
- Triple digit sales growth versus trend
- Improved ROI on marketing
- Custom pack products that are optimized for supply chain
- Other strategic projects that spun off the core project