There’s so many options for investment - which work and how would I know?
Retail Media and location specific media executed at the right place(s) along the shopper journey has been proven to demonstrate a more attributable link between activation and purchase – sales growth.
To find the answer to the question “what works” and identify where best to invest to encourage a shopper, either in-store or online, to add a product to their basket requires a number of conditions to be in place:
Conditions to enable effective measurement of shopper / e-commerce ROI
If you can ascertain what combination of what activity was executed uniquely in which environment (eg store, digital shelf) and match this with sales data then you are able to attribute which activities changed consumer behaviour and measure the impact. To do this sounds easy, but in reality requires complex data science; factoring for multiple activation investments, all handled at the same time and in the same way; and deep contextual knowledge of the media and retail industry to ensure the validity of the analytics.
Powering Commercial Effectiveness – through insight
At BASE® Technologies, we have taken all these factors into account and created an end-to-end platform we call BASE® Brands. This allows our clients to easily lay-down their plans at the right level of detail and match this with the most granular EPOS data to enable measurement of complex e-commerce, in-store and digital campaigns at scale. The solution also allows them to align their plans across their organisation with ease, bring clarity and control to budget management, and easily leverage the insights from the measurement to inform their future investment choices.
Our marketing planning and analytics platform, BASE® Brands, is the integrated solution used by leading brand owners including Heineken and Birds Eye to drive consistent improvement in Shopper Marketing ROI as well as more efficient operations, not just in Shopper, but across the whole “Go-To-Market” operation.
If you’d like to find out more, then please do get in touch as we’d love to have a chat with you.
Latest News from BASE
7 Bell Yard, Strand, London WC2A 2JR
+44 20 7129 8100
BASE® Technologies
BASE® Technologies