TIE – Trade Investment
Evaluation
Meridian offers an exploratory review of an organisation’s
current trade spending as a first step in the process of improving
ROI. This provides an initial indication of the likely ‘Size
of Prize’ (SOP) which might be available to the organisation,
should the decision be taken to proceed to a full project.
This SOP can comprise of two main elements -
savings from stopping trade investments which provide an unacceptable
level of ROI, and increased revenues resulting from improved targeting
of elements which do work well (and often a combination of both!).
The exploratory TIE analysis is usually confined
to one retailer and your top 10 skus*. It is usually completed
within 2 weeks, depending on accessibility of data & final
parameters.
The output will be a framework for the internal business case
to proceed, including the Cost-Benefit case relating to the project
itself.
To find out how you can benchmark your
approach to maximising ROI on Trade Investments at outlet level
against CPG best practice click
here
*This may vary depending
on category and range of skus