15%
15% -- trade promotion efficiency increase for Consumer goods companies using AI/ML for trade promotion optimization (2024)
According to a McKinsey & Company study cited by CPGvision, using AI and ML in trade promotion optimization leads to a 15-20% increase in promotional efficiency.
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Source reports a range of 15-20% promotional efficiency increase; midpoint 17.5% used. Attributed by CPGvision blog (Jan 22, 2024) to a McKinsey & Company study; original report title and publication date not specified in the citing article.
<blockquote cite="https://lighthousedata.io/data/mckinsey-ai-trade-promotion-efficiency-gain" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>15%</strong> -- trade promotion efficiency increase for Consumer goods companies using AI/ML for trade promotion optimization<br><small>Source: McKinsey & Company (2024) · <a href="https://lighthousedata.io/data/mckinsey-ai-trade-promotion-efficiency-gain" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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