Challenge
- A global pharmaceuticals comapny wants more insight on the effectiveness of their marketing investments
- For most marketing activities, it is not clear whether they have a positive or negative effect on the bottom line
- In particular the huge sales force is a big investment and has to be analyzed separately
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Solution
- Marketing activitiy and sales data can be entered into an Excel tool
- The tool automaticaly performs a regression analysis to check for any relationship between the two data series. Traffic lights show whether the relationship is statistically significant
- Besides, sales for various levels of activity are forecasted
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