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Optimizing Medical Device Gross Profits with Dynamic B2B Margin Analytics Platform
Discover how Revology Analytics collaborated with a leading med-tech company to develop a dynamic Margin Analytics platform to enhance pricing and discounting capabilities and promote a stronger margin management discipline.
This case study illustrates the effectiveness of our Outcome-Based Analytics framework combined with targeted Revenue Growth Analytics expertise. Our highly collaborative approach involving internal Core Teams and Sales Team power users ensured the co-creation and sustainable adoption of the Margin Analytics and Optimization capability.
Read more about our detailed approach, with examples of a B2B Marging Analytics dashboard built using simulated data.
RA Quick Insights Video Series: Driving rapid margin actions with transactional data analysis (Part III. - Gross Profit Growth Deep Dive)
Companies are in the business of making money, and most often, they care about maximizing their Revenues, Gross Profit, and Operating Income. One of the biggest challenges Finance and Revenue Management teams face is the ability to systematically diagnose the drivers of fundamental business performance changes near real-time.
The price-cost-volume-mix analysis, sometimes known as Revenue or Gross Profit Growth Deep Dive, helps you understand the relevant components that drove your revenue, gross Profit, or other critical financial changes from one period to the next (or for actuals vs. budget).
This short video will show you a simple Gross Profit Growth Deep Dive built on customer transactional data.
RA Quick Insights Video Series: Driving rapid margin actions with transactional data analysis (Part II. - Discount Curve Analysis)
This week, I wanted to show you another simple yet effective revenue analytics technique to steer sales behavior in the right direction and drive Gross Profits. Part 2: Discount Curve Analysis
(All I want for Christmas is) better discounting habits!
A brief guide for Manufacturers and Distributors to boost profits by 5-10% using simple, effective pricing and analytics techniques.
If you're a manufacturer or distributor, you know that discounting is vital to the success of your sales force. But are you discounting enough? Are you discounting too much?
This article will discuss the importance of discounting in B2B settings and how to determine the right discounts for your customers and products. We'll also discuss when to use each type of discount and offer tips for increasing Net Revenue and Gross Profit with analytics and surgical discounting.
RA Quick Insights: Why You Should Know Your Industry Margin Pools
At its very basic level, industry margin pools help you understand what share of the total profits goes to each supply chain participant, from Manufacturer, Distributor, to Retailer.
Driving Manufacturer Gross Profit through bespoke Promotion Effectiveness and Optimization Capabilities
Did you know that most promotional investments by Manufacturers are a negative ROI investment, and each 1% improvement in Promo ROI can be a massive benefit to your Operating Profit?
Many mid-market manufacturing CFOs, CMOs, Pricing, and Sales executives are struggling with Promotional spending outpacing Profit growth, leading to unnecessary profit erosion.
Fortunately, most companies have the proper data assets to build sophisticated and actionable Promotion Effectiveness & Optimization solutions in-house, using methods and technologies they are already familiar with.
If you've always wanted to know how to build robust Pricing & Promotion Analytics capabilities organically and quickly (in ~ 4 months), please read this detailed Case Study that walks you through the critical steps with concrete examples.
RA Quick Insights: Using Sales Stack Ranking to Grow Net Sales & Profits
Commercial Analytics, aimed at improving Gross Profits and Sales Productivity, doesn't have to be complex to drive the proper outcomes with Pricing and Sales teams.
𝐒𝐚𝐥𝐞𝐬 & 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐒𝐭𝐚𝐜𝐤 𝐑𝐚𝐧𝐤𝐢𝐧𝐠 is another simple yet effective Revenue Analytics technique to steer Sales behavior in the right direction and drive incremental Net Sales (and Gross Profits).
How to Build Transformative Margin Optimization Capabilities in 90 days: Part 1
Most mid-market companies are still stuck with basic reports and ad-hoc Pricing & Profitability analyses that take several weeks, offer little actionable insights, and are not reproducible. There is also a widespread misconception that it takes heavy upfront investment (both time and money) to build Margin Analytics & Optimization platforms that can truly transform an organization's Pricing discipline and customer & product analytics rigor.
Regardless of your company's growth stage, it is paramount that you have an easy-to-use and actionable Margin Analytics platform that provides rapid descriptive (what happened), diagnostic (what caused it), and predictive (what will be the impact) analytics capabilities.
RA Quick Insights: Gross Profit Decomposition
This week, we'll dive into another foundational but influential Margin Analytics technique, the Gross Profit Growth Decomposition using raw Transactional Data.
RA Quick Insights: Using Discount Curve Analysis to Evaluate Pricing Behavior
This week, I wanted to show you another simple yet effective revenue analytics technique to steer sales behavior in the right direction and drive Gross Profits.
RA Quick Insights: Driving rapid pricing actions with transactional data visualizations
A brief example of how visual analytics using Sales & Pricing metrics can be powerful in driving real, measurable change for your company.
Driving Sales & Margin Performance with Self-Serve Analytics
Many middle-market companies are struggling to do action-oriented Commercial Analytics on a real-time basis. Understanding Sales, Pricing, and Margin performance vs. corporate objectives and strategies, along with proactively identifying and quantifying quick wins for improvement, is often a multi-day reactive, knee-jerk exercise. Pricing, Finance, and Commercial leaders are reticent to invest $MMs in turnkey price analytics solutions given high costs and long lead times – not to mention lack of flexibility and adoption issues that often yield a suboptimal return on investment.
Fortunately, you can do most of the above quickly, effectively (and cheaply!) using popular self-serve BI solutions like Tableau or Power BI.
How US Mobility has Eroded and Accelerated Retail Sales from 2020-22
The Apple Mobility index, published from January 13, 2020 to April 13, 2022, tracked the relative volume of map direction requests for various cities, regions and countries as people were driving, walking or taking public transportation to places.
As the US went into a lockdown in early 2020, key retail segments suffered tremendously, but with many recovering and accelerating their performance thanks to stimulus checks and the pent-up need for consumers to be out & about again.