With weekly sales data, you can monitor past trends and improve your current and future performance. Informed by historic weekly data, you can agree on KPIs for benchmarking and set realistic weekly goals for your next promotions. For instance, in 2022 weekly sales for the weeks leading up to Christmas period were on average 116% higher than the sales in an average week for the year (based on Sales Tracking for 10 leading markets).
These insights can inform meaningful fact-based discussions with senior management on the financial support you need to execute campaigns. In addition, you can maximize returns by matching retailers’ weekly planning cycles. Using data from past weeks is especially relevant during the all-important seasonal sales peaks.
Whatever the time of the year, with the pressure to deliver cost-effective campaigns that win market share and beat the competition, weekly data will help you ensure you don’t miss any opportunities to grow sales and maximize product revenue.