Tag: Education
How to Get Your Three-Tier Wine Pricing Strategy Right
Articles, Pricing, Retail Space Management
One of the most common wine pricing strategy mistakes, even among seasoned suppliers, is not leaving enough margin for multiple tiers in the sales process. It seems like a simple fix on the surface, but these margin errors often derive from…
Business Intelligence and Data Masters Use Technology to Solve Major Wine Industry Pricing Challenge
Articles, Data Analytics, Pricing
NAPA, CA — Business Impact developed Tradeparency as an answer to one of the biggest challenges wineries and wine importers face in today’s market — pricing.
With years of experience helping wineries and wine importers…
How to Improve Your Distributor Sales Quarterly Business Reviews (QBRs) in 3 Easy Steps
Articles, Retail Space Management
Quarterly Business Reviews (QBRs) are essential to the supplier-distributor relationship, especially in the highly competitive and fast-paced three-tier wine industry. For sales managers, every quarter can seem like déjà vu with a constant…
5 Ways to Cover the Common 30% Gap in Wine Margin Management
Articles, Pricing, Retail Space Management
Depletion allowances (DAs) are often the “name of the game” in three-tier wine industry pricing. That’s because DAs make up the majority of promotion and price discounting at the distributor level. DA’s are an agreement between the…
Tracking Success of the Top 5 Wine Sales Promotions: BTG, Quantity Discounts, Closeouts, Incentives, and Samples
Articles, Data Analytics, Retail Space Management
In the three-tier wine industry, there are a variety of pricing and promotion strategies you may implement with a distributor in hopes of driving more sales. But, do you know which discounts are worth it? Which ones work the best and when…
Use Dynamic Account Sets for More Intelligent Sales Execution
Articles, Sales Execution
Account Sets, or targeted groups of Accounts, have been a part of our platform for quite some time now. Many customers incorporate them into their strategic planning to focus specific activity against the right Accounts, primarily within…
Are You Using an Old Sales Process in a Modern Environment?
Articles, Data Analytics, Sales Execution
Customers have direct access to information and availability of every product under the sun right on their laptop, tablet or phone. As a result… You and your sales reps have less leverage and control in the sales process than ever before.
Your…
Utilize GreatVines to Follow Nielsen’s Checklist for Product Survival
Articles, Data Analytics, Sales Execution
Launching a product is a multi-faceted endeavor that takes careful planning and execution. But have you considered what comes after? Sustaining product velocity is essential, but not easily practiced unless you have the right insights and…