Case Study
With NSI’s MarketSpy Service, Macy’s Gains Critical Knowledge of Competitive Selling Environment
Macy’s marketing initiatives, both long-term and tactical, are guided by “what you know” as opposed to “who you know.” And NSI provides the “what” through its proprietary MarketSpy Competitive Intelligence service.
The customized program for the mega-retailer includes a password-protected Web site where corporate decision-makers access competitive ad tracking in Macy’s top markets for key competitors. The site’s functionality includes viewing the actual ad creative, plus a searchable database that details key ad features such as newspaper section, event/promotion, ad size, department and promotional driver.
On-demand reporting includes share of voice comparisons, computed either by ad space or expenditure, for retailer, market, department or event. In addition, NSI provides printed monthly reports of all advertising for selected markets and retailers.
Whether deciding what type of savings pass to include in the next credit card statement or which home items to feature in the Fall Midwest circular, the Macy’s stakeholders can utilize the resources of NSI’s Competitive Advertising Intelligence program for actionable data and reports to make informed, strategic decisions.
