HRG Introduces Retail IN.tell Base
Retail Tech Insights | Friday, March 19, 2021
Retail IN.tell Base is a unique view of product performance and distribution through the drug channel, driven by HRG’s proprietary Tri-PAC data.
FREMONT, CA: HRG is launching Retail IN.tell Base, a new data-driven decision-making service for manufacturers, wholesalers, retailers, and other retail industry organizations in the health, beauty, and wellness (HBW) space. With data and analysis, shopper experience, brand development, fixture coordination, and independent pharmacy communications solutions, HRG enhances outcomes for product suppliers, distributors, retailers, technology partners, and other industry organizations throughout the retail supply chain.
Retail IN.tell Base is a unique view of product performance and distribution through the drug channel, driven by HRG’s proprietary Tri-PAC data. Visitors can look around the web, look at sample reports, and request data access. Users can produce reports and use the data to create strong sales and marketing strategies and track category results once they have a login and password.
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“Reliable, accurate data is critical in decision-making, and staying on top of trends and changes in the rapidly-advancing retail industry is more important than ever,” said Julie Bonnell, VP operations, HRG. “Retail IN.tell Base is an easy way for those in the retail supply chain to receive current views of how HBW products and categories are performing so they can apply that knowledge to their strategies in close to real time.”
Retail IN.tell Base has three options: Category Snapshot, Data Hub, and Custom Reporting. Customers pick the categories of interest and download reports containing data down to the four-digit Fine Line (product type) level when choosing the Category Snapshot option. Customers who are interested in particular subcategories will produce raw data reports at the SKU level using the Data Center. Custom reports are managed by the customer’s particular demands and goals Tri-PAC data and Data Hub reports are updated monthly, and Category Snapshot reports are refreshed bi-monthly.
Bonnell added, “We’ve been a trusted resource for data and analytics for decades, and Tri-PAC is the latest step in our evolution of providing accurate, up-to-date retail industry data. Our exclusive Tri-PAC data is a blended, weighted performance calculation using three sources of data. The resulting ranking is derived from warehouse withdrawal, POS scan, and drug channel syndicated data to provide insight into performance across the drug retail segment. There are endless ways this data can be applied to help a business set objective to capitalize on opportunities, position against competitors, or anticipate change.”
The user-friendly website provides data to assist businesses in growing their businesses at the click of a button. The Category Snapshot data can be used to help create or position a brand, as well as to identify category patterns in the independent pharmacy channel. Data from the Data Hub can be used to monitor delivery, identify sales patterns, and track movement. Users may choose from twenty-two data points to compile a comprehensive data set that includes product performance by subcategory.
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