IVIS Group event at Wembley a huge success

IVIS Group are pleased to announce that the event held at Wembley Stadium was a great success. Thanks to all of those who attended, and special thanks to Tesco and Forrester for holding sessions at the event.

The event was entitled "Effective Pricing and Promotions in a downturn" and focussed on supporting retailers in the current climate

Presentation sessions

The morning began with George Lawrie from Forrester presenting on Pricing and Promotions in the current climate and the key differences between winners and losers in the market. His primary recommendation for all retail businesses was to focus on execution as this is the main differentiator today.

Key findings:

• Asses your pricing and promotions process competitiveness and opportunity
• Utilise the data you have today before you collect more
• Don't overlook execution challenges
• Select the right tools
  

Pictured here is the session run by our customer Tesco, highlighting their innovations

Next came a presentation from Tesco who outlined the business benefits they have seen from their deployment of the IVIS Sonetto Solutions. The key takeaways from this were that they have experience significant benefits in process efficiency and have dramatically improved their multi-channel consistency.

Key results:

• Automation of a previously manual spreadsheet process
• Speed to market of new promotions and price changes
• Ability to focus on execution rather than maintenance

Room with a view

In the final discussion reference was made to real-life implementations of PPM and the tangible benefits retailers have received:

• Speed up time to market through reduced promotion setup time
• Reduction in staff training costs
• Streamlined execution of promotions integrated with POS reduce checkout times
• Increase customer satisfaction - correct pricing & returns policy

The event closed with an illustration of the most recent customer to adopt the IVIS Sonetto PPM technology who seen an initial payback within six months and an overall return of investment greater than 400% over 3 years.

Stadium Tour

At the end of the conference we were given a tour of the stadium and a chance to see behind the scenes...visit the changing rooms and come through the players tunnel to the pitch.

A great end to a fantastic event!