Market: Global Consumer Electronics Brand Use Case: Proving SellPro's mobile training and engagement platform can drive sales and positive ROI.
A global Consumer Electronics brand worked with SellPro on a one-year ROI study to discover if SellPro's retail associate engagement platform could better position their brand against rival companies in a highly competitive product category.
The study identified three groups of Best Buy stores ranked the same in the client's product category as follows:
Group I (control): Stores with low SellPro engagement and no field force coverage
Group II: Stores with high SellPro engagement
Group III: Stores with high SellPro engagement and ongoing field force coverage
The store groups were selected to gauge how effective SellPro is in stores on its own and when compared to a combined effort between the Client's field force and SellPro.
Tracked and compared Client's Average Sales Price (ASP), Unit Sales, and Dollar Sales monthly and cumulative for the year for all three store groups
Estimated net profit on direct SellPro-driven revenue lift and compared it to total SellPro investment
Key Success Factors
Robust SellPro content portfolio (new micro-learning courses released weekly or bi-weekly; monthly webinar rounds, in-app reference tools)
Deep collaboration between SellPro and field force partner (internal use of SellPro for communications, field force training, forums + in-store communications)
Frequent field force contests tied into SellPro promotion and engagement at covered stores
Results With SellPro
Group II stores, covered exclusively by SellPro, saw a substantial uptick in both unit and dollar sales. There were exceptional results demonstrated in Group III stores, where SellPro worked alongside the Client's field force. The study concluded with SellPro demonstrating that for every $1 spent by the Client, there was a $4 net profit return.
ASP - Increased 1% at SellPro-covered stores (Group II), and 22% in the stores where SellPro collaborated with the field force partner (Group III)
Units Sold - Increased 32% with SellPro, and 48% in collaboration with the field force partner
Dollars Sales - Increased 33% with SellPro, and 81% with enhanced field force efforts
Sustained a 400% ROI for Client over a one-year period
Vastly extended the reach and impact of the brand's retail sales and marketing efforts