SUCCESS STORY Yoplait Story How scorecard reporting can improve the relationships with your retailers About Yoplait Yoplait is one of the most famous yogurt brands in the world and sold in 75 countries globally. It is one of the largest branded yogurt and fromage frais companies in the UK, making popular brands such as Frubes, Wildlife, Yop and, Petits Filous, which is the number one children’s dairy pot brand. Yoplait also makes under license, Weight Watchers chilled yogurts and fromage frais, as well as a range of chilled pot desserts. More recently Yoplait has launched an indulgent pot dessert called Perle de Lait. Challenge Today UK consumers are spending over £250m a year on children’s yogurts and desserts, with portable yogurts and fromage frais the fastest-growing product type for children. In this highly competitive market Yoplait wanted to be certain that its field sales team were able to maximize revenue potential at all major retail outlets. However, there was concern that the field sales team were spending too much time trying to consolidate and interpret disparate sales data instead of being able to quickly identify and prioritize revenue opportunities. The sales team were receiving information from three separate sources: from Clear, concise scorecard reporting enables Yoplait’s field sales team to improve relationships with retailers by prioritizing revenue opportunities with stores Yoplait’s retail sales data, from IRI’s Infoscan service which tracks product performance by category on a national level and from TeamHaven, a web-hosted field staff management and data capture system. Every week it could take each sales person up to four hours to manually merge and analyze the different reports to help them plan their sales activities to fit into a fourweekly meeting cycle. Bharti Parsotam, Chief Operating Officer at Yoplait UK, explains, “Our sales people weren’t seizing the opportunity to maximize sales instore. So it was clear that we needed to better support them with more meaningful information that is already consolidated into an easy-to-understand, simple format and gives visibility of the key areas to focus on.” Solution Yoplait commissioned IRI to develop a solution with the ability to present one single view of all the relevant data with automatic weekly updates. The Technology Solutions Group at IRI in the UK extracted and modelled the three sets of data from the existing sources and further enhanced it with market information gathered from its retail analysis insights resources. The resulting key metrics are presented in an Excel-based scorecard that highlights performance challenges and potential revenue opportunities, presented in easy to view graphical reports. Benefits “The scorecard solution has completely transformed the way Yoplait works,” says Bharti Parsotam. “It has helped us to strengthen SUCCESS STORY relationships with retailers instore and maximize sales opportunities for the best.” Regional Field Sales Manager, Tracey Koulouriotis adds, “My team have noticed that sales and availability in store has improved. They can now engage with fresh trading managers and store managers to show how their store performs compared to other stores, against national and regional averages. Decisions are faster based on accurate incremental value sales, the team are empowered to run graphical sales reports and we can now make selective call planning priorities.” Store visits now prioritized Store visits are now prioritized and field sales no longer adhere to the fourweekly call cycle. Instead stores are targeted by opportunities to increase business, future potential and sales activity. The Yoplait sales team can respond quickly to offer support, advice and initiate promotions to generate extra sales. Increased Revenue In the yogurts and dairy desserts market where unit sales have declined by 4% year on year, Yoplait has increased value sales by 2% year on year. Yoplait’s has increased by 3% to a market share of 9.5%. Source: IRI Major Multiples 52 w/e March 2011 Better decision-making Accurate and timely data has helped to improve decisionmaking. Before the new scorecard solution, the data was difficult to manipulate and interpret and could be up to a month out of date. Strong relationships with store managers In the past the field sales team were focusing on auditing and compliance within stores and dealt mainly with provisions managers. Now that they can present meaningful information, such as comparisons with other stores and benchmark against regional or national averages per outlet, they have gained the attention of not only the fresh trading managers, but the senior store managers too. Bharti Parsotam emphasizes, “For me, it is all about field sales spending more time with the store managers to build strong relationships to increase sales for both Yoplait and the retailers. We now have much better quality, informed discussions and interaction with senior level decision-makers.” Saving up to four hours per week Report review and analysis has been reduced from four hours down to thirty minutes per week. This thirty minute preparation time for meetings is now focused on producing targeted actionoriented client presentations based on the weekly scorecard reports, charts, and graphs. More valuable sales team meetings Internal sales meetings have become more interactive and productive since the introduction of the scorecards. Now that the field sales team can rely on accurate information they have become more proactive about suggesting improvements, sharing knowledge with each other and leveraging the data to gain further insights into performance. Speeds up new recruit training The new scorecards have had the added benefit of helping new field sales recruits to get up to speed more quickly, enabling them to plan relevant, targeted activity from day one. For me, it is all about field sales spending more time with the store managers to build strong relationships to increase sales for both Yoplait and the retailers.We now have much better quality, informed discussions and interaction with senior level decisionmakers. Bharti Parsotam Chief Operating Oficer, Yoplait UK About IRI. IRI is a leader in delivering powerful market and shopper information, predictive analysis and the foresight that leads to action. We go beyond the data to ignite extraordinary growth for our clients in the CPG, retail and over-the-counter healthcare industries by pinpointing what matters and illuminating how it can impact their businesses across sales and marketing. Move your business forward at IRIworldwide.co.uk International Headquarters: 1 Arlington Square, Bracknell, Berkshire RG12 1WA, U.K., +44 1344 746 000 Copyright © 2013 Information Resources, Inc. (IRI). Confidential and Proprietary.