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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

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

Benefits

  • The solution enables the marketing people to quickly conduct statistical analyses without the risk of false interpretations
  • Increased transparency and effectiveness of marketing activities leads to better informed decisions
  • Reservation towards statistical analyses is reduced due to an
    intuitive, easy-to-use program with
    an appealing user interface

Screenshot

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