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Tempo OMD & IRI Hellas offer Marketing Mix Analytics solutions

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Tempo OMD & IRI Hellas offer Marketing Mix Analytics solutions

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IRI Hellas and Tempo OMD, two industry leaders working together to provide the most comprehensive evidence-based business solutions. Utilizing the know-how and their ability of collecting and processing data, Tempo OMD in the media market and IRI Hellas in the sales data of consumer goods, synergies are created and provide solutions in pricing, media and promo investment in order to optimize your business outcome.

IRI Hellas and Tempo OMD, two industry leaders working together to provide the most comprehensive evidence-based business solutions. Utilizing the know-how and their ability of collecting and processing data, Tempo OMD in the media market and IRI Hellas in the sales data of consumer goods, synergies are created and provide solutions in pricing, media and promo investment in order to optimize your business outcome.

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Tempo OMD & IRI Hellas offer Marketing Mix Analytics solutions

  1. 1. WORKING TOGETHER TO GENERATE GROWTH, FASTER Tempo OMD & IRI Hellas – Marketing Mix Excellence
  2. 2. © 2021 Information Resources Inc. (IRI) & Tempo OMD Hellas Proprietary. MISSION OF THE COOPERATION IRI Hellas and Tempo OMD, two industry leaders working together to provide the most comprehensive evidence-based business solutions. Utilizing the know-how and their ability of collecting and processing data, Tempo OMD in the media market and IRI Hellas in the sales data of consumer goods, synergies are created and provide solutions in pricing, media and promo investment in order to optimize your business outcome. A real game changer.
  3. 3. © 2021 Information Resources Inc. (IRI) & Tempo OMD Hellas Proprietary. • Member of the OMD, the Global Leading Media Agency Network • Top-tier media agency in Greece with more than €100m in billings • #1 “Dominant” media agency in RECMA’s Qualitative Evaluation report for Greece • Most awarded Media agency in Greece during the last 5 years • 25 years of Media expertise, 7 specialized departments with a powerful consumer insights, data & business analytics resource • Empowered by Data & Technology • CPG & retail experts • Leading technology with IRI Liquid Data® • Full market coverage • Detailed at the most granular level store per week sell out data of Greek organized trade • NAD of 15 retailers • Big Data analytics specialist • Price, promo & media analysis experts • Technology enablers – on line tools & applications • Advanced visualization tools • Proved accuracy and standardized procedures across markets Combined Assets
  4. 4. © 2021 Information Resources Inc. (IRI) & Tempo OMD Hellas Proprietary. Τhe decomposition of Sales…. From a static sales overview, to a fully decomposed one Own Price Promotion Competitor promotion Media Base Sales Weekly Scanner (EPOS) Data Store Level Data (IRi) or Nielsen Aggregated data Media Investments, E.g., TV, Press, Radio Digital In Store Sales Drivers E.g., Promotions (delivered by “CLIENT”, Price, Assortment,, etc.) External factors & Internal Data Seasonal sensitivity Weather, Margins, Other relevant KPI’s Trade Activity: Mechanic-level Promo Contribution, Display vs. Shelf, Range vs. Solus, Post-Promo Dips, Synergy. Stocks Changes: Distribution, Listings, Out-Of-Stocks etc. Channel Variation: Retailer, Chain, Fascia, Region, Store Size etc. Competitor Impacts: Pricing, Promotions, Media, Stocking etc. Media Investments: Channels: TV, Press, Radio, OOH, Digital etc. by Campaign Price Fluctuations: Inflation/Deflation, Gaps & Thresholds etc. External Factors: Private Consumption, GDP, Seasonality, Weather, Temperature etc. Custom Variables: Redesigns, Pack Size Change, Geography Events, PR etc.
  5. 5. © 2021 Information Resources Inc. (IRI) & Tempo OMD Hellas Proprietary. Price Promo Media • Calculate the price elasticity • Estimate the price thresholds and price gaps • Define the optimum level of pricing • Identify the promotional efficiency • Measure incremental volume produced by promo activity • Measure the potential lost volume due to competitive promotional activity • Identify the optimum flighting of promotional activities • Identify the optimum level discount per promotional activity • Calculate the ROI (Return on Investment) • Optimize media campaigns through tactical recommendations (e.g., timezone, duration etc) • Identify media synergies • Calculate the long-term effect of advertising • Investment Planning • Channel Planning Optimizing 3 key marketing pillars
  6. 6. © 2021 Information Resources Inc. (IRI) & Tempo OMD Hellas Proprietary. The point of intersection is the base price per unit of the product. Increasing the price normally affects sales due to elasticity, thresholds & gaps 11% 10% 8% 7% 6% 1% -1% -3% -5% -6% -7% -5% -3% -1% 0% 1% -1% 1% 0% 1% 2% 3% -10% -8% -6% -4% -2% 0% 2% 4% 6% 8% 10% 12% 10,99 11,31 11,64 11,96 12,28 12,60 12,93 13,25 13,57 13,9 14,22 % Volume uplift % Value uplift Optimizing Pricing levels based on price elasticity, gaps and thresholds Product Price Optimum Price
  7. 7. © 2021 Information Resources Inc. (IRI) & Tempo OMD Hellas Proprietary. 48% 23% 49% 21% 0% 10% 20% 30% 40% 50% 60% TPR Feature Display TPR Feature TPR Display TPR % Product Volume Uplift 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% % Value Uplift TPR FeatureDisplay TPR Feature TPR Display TPR Measuring Volume uplift & optimizing Value uplift per Promo activity Measuring the Uplift on Product Volume that derives from every Temporary Price Reduction promotional activity, using the same level of discount. Optimizing the Optimum level of discount per Temporary Price Reduction promotional activity. Level of Price Reduction
  8. 8. © 2021 Information Resources Inc. (IRI) & Tempo OMD Hellas Proprietary. Calculating ROI on each Media Investment Providing Actionable Tactical Recommendations Measuring the Effect Optimizing Advertising Communication Tactical Recommendations & ROI optimization for every media channel used 6,2% 2019 ROI 6,5 7,4% 2020 ROI 7,8 Base sales & other factors contributing to Sales Short term advertising contribution
  9. 9. THANK YOU! For More Information, Contact Us… IRI Hellas Evgenios Pagkalis Evgenios.Pagkalis@IRIWorldwide.com +30 6973013528 Tempo OMD Aristeidis Papastylopoulos papastylopoulos@omd.gr +30 6938500738

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