From working with hundreds of manufacturers, some common challenges in the expanding digital economy that Vision Werks is empowering them to overcome. Look familiar?
Marketplace:
- Ecommerce disruption, no control
- Volatile pricing
- Amazon marketplace management
- Unauthorized sellers, transshipping and the gray market
- Global seller access to US
- Eroding margins
- Falling average selling prices
- Increasingly difficult revenue attainment
- Reducing of product assortments
- Slowing sell-through velocities
- Shortened product lifecycles
- Commoditization of products
- Shifting consumer brand relationship behavior
Internal:
- Short term thinking
- Too good to be true quick fixes not coming true
- Paper based onboarding, processing and archive
- Paper based credit application system
- Inaccurate, inaccessible or insignificant retailer insight
- Efficiency and effectiveness of Internet monitoring results
- Retailer communication and insight filtered through sales teams
- Complex technology systems choices and integration
Go-To-Market:
- Transaction centric retailer relationships
- Ineffective MAP implementation and enforcement
- Eroding retailer trust and brand Integrity
- Declining sales team effectiveness
- Archaic product market and channel segmentation
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