Category Strategy and Scorecards

The direction you need to achieve your goals. You’ve completed a category review or category assessment, ultimately identifying your biggest areas of opportunity to help you achieve your target goals and objectives in the category. Now what? 
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10 Opportunities to Master Change in Category Management

Which Opportunities Match Your Priorities for the Year? With change comes opportunity. And there are tons of changes happening in category management unfolding as you read this post. Most are being driven by CatMan 2.0™, and the commitment of Retailers like Walmart who are demanding more advanced solutions and approaches both internally and from their Vendor community.  So where are the biggest changes and what are the opportunities for YOU? 
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Category Management Mastery: The Skinny on What Questions to ask …

In case you haven’t heard … Things have changed! It’s time to face the facts. Our industry and category management have been evolving for awhile (decades, actually). And, although change can be hard to overcome, attendance at our live webinars last week for both Retail and Manufacturing organizations, as well as Solutions Providers confirm that awareness of the changes ahead is growing — and concerning to both practioners and leaders alike. Here’s why it’s time to face the facts and consider category management mastery …
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Savvy Category Management Executives: Master Your CatMan 2.0™ Game Plan

Category Management Executives (including Directors, VPs and Managers) Face a Common Dilemma How to get from where you are, to where the industry is going … Here’s what you need to know: 
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Advance Your Category Management Approach. Don’t Get Left Behind!

Category Management has become more sophisticated. It’s now CatMan 2.0™ — Are you adapting to more advanced approaches? Are you keeping up with competitors? the industry? Category management has been evolving and changing since its launch in the late 1980s. The changing Shopper, blurring channels, omni-channel, the Internet & digital media and more advanced data & technology are the key drivers that have continued to change category management. It’s not that all of these changes are necessarily NEW, but all of these changes have all recently been captured in one place — in a new advanced approach which is creating buzz, questions, and uncertainty. In this blog, I’ll cover: Why CatMan 2.0™ is important (and more importantly, why you should care), Where some of the biggest changes are, and Next steps to help you plan your 2017.
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Are You Practicing Category Management Principles in a Non-CatMan World? You might be, and you’re not alone …

“We don’t practice category management in our company / region / industry.” It might surprise you that I’ve heard a version of this statement several times in the past few weeks. But the bigger surprise is that even in non-category management worlds, the principles of category management are being used, even though they could be improved for the benefit of both Retailers and Manufacturers around the globe. Whether you call it category management or not, you might be missing the boat if you answer YES to any of the following questions:
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Shopper Insights and Shopper Marketing ARE Part of Category Management

Category Management and Shopper Insights/Shopper Marketing have parted ways in many organizations. Shopper Marketing reports to Marketing. Category Management reports to Sales. According to new industry standards, this is not the best way to set your organization up for Shopper success.
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Category Management in Retail Scorecard: Compare Part 3 Results

This week, we’ll walk through:  the Category Assessment Results from last week’s evaluation (Part 3). Part 4 of the Evaluation: Analyzing Your Tactics to Turn Data Into Action.
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Category Management in Retail Scorecard: Compare Part 2 Results

My blog last week (Category Management in Retail Scorecard – Compare Part 1) reviewed overall results from our readers as they evaluated their organizations’ retail strategies and captured the biggest areas of opportunity for improvement. We also covered some of the foundations in category management required for Retailers to be successful in their catman approach. As a Retailer, YOU own and define your own unique process, driven by your internal Retail strategies. That’s why it’s critical to have well-defined processes and guidelines that consider the Key Components for Category Management.  This week, we’ll walk you through last week’s results AND explain the next part of the evaluation — Part 3: Assessing Your Categories For Gaps & Opportunities.
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Category Management in Retail Scorecard: Compare Part 1 Results

Last week’s blog (Category Management in Retail is changing — how are you keeping up?) explained why Retailers need to have well-defined and articulated strategies and outlined what a solid strategy should include.  Remember that strategies defining category management in retail create the foundation for achieving your goals and objectives as an organization. That’s why we included a questionnaire as part of last week’s post — so individuals can start to understand where opportunities exist. This week, we dive into the results first … Then, we explain the next part of the evaluation — Part 2: Own Your Category Management Approach.
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