Best Practices to Mitigate the Impact of Price Increases
You knew the CPG world was competitive and fast-paced. You knew it would take a sharp understanding of customers to defend your market share and increase margins. But knowing and performing in the CPG world are very different things. And just when you thought you got a hold of the new normal, lookout! We’re already […]
Leverage RGM Team with AI
While Trade Promotion is essential to CPGs, it’s still mostly focused on short-term results.Revenue Growth Management (RGM), on the other hand, is centered around the long-term growth and health of your company. That’s why we decided to dedicate this blog to discussing the positive impacts RGM can have on your Trade Promotion decisions. First, let’s […]
Athena 2.0 is here: Optimize your Pricing and Trade Promotion strategy faster and easier.
Wise Athena is proud to announce the launch of Athena 2.0, our one-click solution that optimizes your Revenue Growth Management strategies through artificial intelligence (AI). By capturing a 360-degree view of every SKU in your portfolio, Athena 2.0 is the transformative, AI and machine learning platform you’ve been dreaming of. Tracking key performance indicators, calculating […]
Take advantage of data
Accessing data is the easy part. The real work is efficiently and productively deciphering it, breaking it down, and mining for the smallest of details that can help you connect with the right customers and defend (or even improve) your market share. Sadly, this is something that most companies don’t have the time, training, or […]
Wise Athena Discusses Mitigating the Risk of Raising Prices at the POI Summit
It was a privilege for Wise Athena to participate in the Promotion Optimization Institute Spring Virtual Engagement Summit this past Tuesday and Wednesday, May 25-26. As with prior conferences, the POI offered an engaging and inspiring series of networking and learning opportunities. It’s time to transform pricing and trade promotion strategy from alchemy to science. […]
How to achieve 2x ROI with Wise Athena
Now more than ever, CPGs must focus on the smallest details to create the biggest gains. To increase ROI, companies need to save more time—breaking down data faster and simplifying strategy—as well as take control of pricing and promotions for every product they offer. These are goals that AI and machine learning can help you […]
Getting Strategic About Pricing with AI
Let’s face it, if pricing were easy, you wouldn’t be reading this blog. Pricing is a critical part of being a successful CPG. Promotional cycles, variables, deadlines, and the opinion factor— your marketing team, sales team, and even your customers might have opposing plans— can affect your ability to determine the best prices and promotions […]
Wise Athena Bold & Loving Awards 2021
The 2021 Wise Athena Bold & Loving Awards Working with CPG requires a keen understanding of people and attention to detail, and we’re not just talking about studying buying trends. Employee accomplishments and the team’s overall hard work should be routinely tracked and celebrated, especially for those working remotely. It’s essential to keep your staff […]
Easter Is Coming. Is Your Brand Ready?
It’s not news to CPG brands that the retail marketplace is crowded. Convincing customers to try a product takes equal parts strategy, data science, creativity, and planning. That’s why CPG manufacturers should plan with special holidays in mind. During this time, consumers are more likely to purchase incrementally. For Easter, finding a way to draw […]
2021 Trends: a Roadmap to Success for Natural and Organic Brands
Understanding 2021 CPG Trends: Positioning Your Natural and Organic Brand For Success with Wise Athena and SPINS Where do we go from here? It’s the question all successful CPG brands ask themselves, and the road ahead can be murky for emerging niche product categories like natural and organic. Throw in a global pandemic, historic weather […]
