Tag: Dunnhumby

  • Dunnhumby strives to deliver innovative state of the art “media planning”

    Dunnhumby strives to deliver innovative state of the art “media planning”

    Dunnhumby, a leading customer science company, today announces a 29.8% year-on-year growth in gross revenue, as it continues to be an innovator in retail business by significantly expanding its retail media services over the past few years.

    Analyzing data on consumer spending behavior, Connect Media from dunnhumby is able to understand the customer decision-making process, and therefore better tailor marketing and advertising, both online and offline, to enhance customers’ decisions in buying products, while at the same time earn brand loyalty.

    “We’re able to offer a seamless customer journey, through-the-line, from home, when customer on the moves, on mobile, to the point of sales,” said Teeradet Dumrongbhalasitr, Head of TESCO Commercial South East Asia, dunnhumby Thailand. “dunnhumby begins with understanding the customer’s mind, then we pick the right knowledge to match media that suits the campaign’s objectives. We then choose the right touch point on the customer’s journey to communicate with them.”

    Over the past couple of years, Connect Media from dunnhumby has supported many of Thailand’s leading brands to successfully deliver their message to customers and build their brands at Tesco Lotus. 

    “dunnhumby strives to create new execution, new platform, new measurement to deliver innovative state of the art media. This makes Connect Media clearly different from other media in the market,” said Mr. Teeradet.

    It isn’t just the new innovations like its ibeacon on-location technology, or its unique approaches, like personalized opportunities, that is responsible for Connect Media’s success in “Return on Customers” for companies, though, but also its combination of innovative media solutions for ultimate impact and penetration in the market.

    “Of course, digital channels and platform synergy are becoming increasingly important in empowering customers’ shopping experiences and targeting individual customers, but we should also not neglect ‘point of sales media’, and advertising on the sales floor in its ability to influence customers at their moment of truth” added Mr. Teeradet. “Although customers may very well have a clear idea of what they want before they enter the store, the influence of promotions and media at point of sales can always change their purchase intention.”

    Connect Media from Thailand shows no sign of slowing in terms of growth and expansion, and in the coming months seeks to better “humanise” online interactions, and continue to evolve the shopping experience through creative offline platforms.

    “We will be focusing on as of yet untapped markets in the coming months, while strengthening key categories,” said Mr. Teeradet.

     In line with Connect Media’s history of leading the retail industry in innovation, Connect Media will also be focusing on business opportunities in other sectors, and looking at ways to solidify their position in the marketplace by potential data partnerships.

  • Tesco Asia sell-off ruled out

    Tesco Asia sell-off ruled out

    Tesco has ruled out selling any more of its Asian operations in the wake of the Homeplus South Korea divestment.

    At least for now.

    After the US$6 billion sale of Homeplus and an earlier divestment of a stake in its Chinese operation, Tesco Asia retains a large business in Thailand, trading as Tesco Lotus, and in Malaysia.

    Tesco Chairman John Allan has assured shareholders there are “no immediate plans” to sell off any of the company’s remaining overseas arms, including those in Asia.

    “As we sit here today we believe that we have the right sort of assembly of geographies that we are in,” said Allan.

    “At the moment our intention is to hold what we have and to develop it and make the very best of it.”

    When Tesco’s troubles came to light at the end of last year the company received several opportunistic approaches by parties to buy out the Thai and Malaysian operations. But it ruled out any fire sale at the time and now appears committed to retaining and growing the businesses. The company also has operations in Central Europe and Ireland.

    While Allan conceded he could “envisage circumstances” the company might change its mind, that comment was perceived as a safeguard.

    Selling Homeplus has allowed Tesco to retire about £4.2 billion of its massive £21.7 billion debt mountain.

    The company is still looking for a buyer for its Dunnhumby data business, nine months after it ut the business on the market. Dunnhumby analyses grocery sales data from across the store network and sells it to manufacturers.

    “We have looked at the options around Dunnhumby… We’ve not concluded that. As soon as we conclude it we would announce what it is we intend to do,” CEO Dave Lewis told shareholders.