This year, 93% of CEOs said they’re focusing on growth. That means the battle for both shopper awareness and retail shelf space just got more competitive.
In the current economy, pricing is forcing consumers to rethink their purchase decisions. At the store level, sustained revenue growth is a challenge: 90% of brands cannot simultaneously grow market share, category leadership, and profits. Make no mistake: Effective trade promotion management is key to keeping consumers reaching for your products while achieving profitable growth.
Optimize your trade promotion budget for profitable growth
Learn how to increase market share and category leadership.
Boost revenue with our TPM guide What is trade promotion management?
Trade promotions help increase demand for a brand’s products in stores by offering retailers discounts, displays, and events that help them market items to consumers. It
Read the full article on Salesforce.org blog.
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