JustEnough
Software Corporation, a leader in demand management solutions
for retailers, distributors and brand owners worldwide, today announced
that its new Promotions
Planning & Analysis solution is available for retailers that
want to gain accurate visibility into the effectiveness of their
promotions, helping them drive sales, improve margins and plan even more
successful campaigns in the future.
Promotions help attract new and existing customers, increase revenues
and lower inventory levels. But retailers can fall short if they fail to
understand how well their past promotions performed before they plan
future campaigns, which can lead to lost sales opportunities and wasted
marketing dollars, according to Malcolm Buxton, JustEnough’s
president and chief executive officer.
“Promotions are an important – yet often overlooked – part of the retail
planning process,” Buxton explained. “JustEnough’s new Promotions
Planning & Analysis solution provides powerful analytical tools and
views, giving retailers visibility into crucial factors affect the
success of their promotions. This invaluable insight – plus the ability
to tie their promotions into their overarching planning process – allows
them to create effective campaigns that positively impact the bottom
line.”
JustEnough Promotions Planning & Analysis offers the following
capabilities:
-
Understand the category impact: JustEnough’s new solution
allows retailers to understand the impact each promotional offer had
on the overall category. This ensures that they avoid cannibalization
of other key products in future campaigns.
-
Analyze promotional space: With JustEnough, retailers can
evaluate how each product category performed based on the amount of
space it was allocated in the promotion. In print advertising, that
translates into what the return on investment was for each page.
-
Determine the right media mix: JustEnough helps retailers
decide how best to allocate their advertising budget across various
channels, including print, online and social media.
-
Measure ad spend ROI: For accurate insight into the return
their advertising campaigns generated, retailers need to know how
responsive their products are during promotional periods. JustEnough
helps by comparing a product’s response during non-promotional periods
with results from each promotion.
To learn more about JustEnough Promotions Planning & Analysis and the
company’s other industry-leading retail planning solutions, visit www.justenough.com.
About JustEnough
Founded in 1994, JustEnough is a global leader in Demand Management
solutions. JustEnough services more than 500 of the world’s leading
brands including Allocation and Replenishment of inventory at Kenneth
Cole, Merchandise and Assortment Planning at Levi Strauss,
Sales Forecasting at Kraft Foods, Inventory Planning for IDS
Group (Li & Fung) and Nissan, and Mobile Sales Force
Automation at SAB Miller, Cadbury and Heineken.
OnCloud, OnSite and OnMobile, JustEnough’s Demand
Management solutions, help retailers, distributors and brand owners to
forecast their customer demand, plan their assortments, allocations and
inventory, shape their demand and then execute on those plans.
JustEnough is headquartered in the United States with offices worldwide.
Learn more at www.justenough.com.
