Amazon recently made the news by publicly announcing that it is targeting hard to sell items, so called Can’t Realize a Profit (CRaP) for removal from its all-powerful sales channel. Such items are believed to be those that have a low revenue for the cost to ship.
7-11, activity based accounting, Aldi, Amazon, Costco, costs, CRaP, Dash Button, department store, energy costs, featured, fixed costs, Grocery Store, gum, HVAC, labor cost, marginal revenue, Montgomery Ward, profit, Real Estate, Retail, Sears, Shipp, shipping costs, Trader Joe's, warehousing, Whole Foods
Analytics, Big Data, Big Data and Analytics, Digital Strategy
5 Take Aways from the Amazon Acquisition of Whole Foods
Amazon, Analytics, Becoming Successful with Analytics, Big Data, Big Data to Big Profits, Data Analytics, Data Products, Digital, Digital Disruption, featured, Grocery Store, Jet, Retail, Walmart, Whole Foods
Big Data and Analytics, Innovation
Major consumer-package-goods firms (CPG), like Kraft, Nestle, Coca-Cola and PepsiCo have always operated with a blind spot about customers. This has always made marketing challenging. Although their products were often ingested by consumers, they rarely if ever met customers. CPG firms rarely knew their identify of customers and even at times had a poor understanding […]
Algorithm, Amazon, Amazon Pantry, Analytics, Artificial Intelligence, Big Data, Big Data Analytics, Big Data to Big Profits, Coca-cola, CPG, Data Analytics, Grocery Store, Kraft, Nestle, Network Effect, Pepisco, Surge