What is Shelf Price Reductions?

Shelf Price Reductions

Shelf price reductions is a promoted price 5%+ lower than the historic regular price.

In shelf price reductions, if the reduced price stays in place for a set number of weeks, (6 weeks for IRI and 7 weeks for Nielsen) they will consider the reduced price to be a new regular price, and it will no longer be counted as a promotion.

Related resources

Keen's "2024 Performance Insights & Strategic Investment Guide," open to Chapter Seven, "Media Channel Performance," discusses where marketers should reallocate their budgets for improved ROI.
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