8 Penny Labs’ Post

Digital Transformation isn't a new concept and it isn't just a "good idea". It is required to be competitive in today's increasingly digital marketplace. Many mid-market don't have the skills in-house to compete effectively in the digital economy...at 8 Penny Labs, we help our customers produce those skills and increase their competitiveness! Check out what our customers have to say about working with us on their digital transformations. #8PL #DX #Digital #MidMarket

Embracing technological change is no longer optional for middle-market businesses; it’s essential to stay competitive. Adopting new tech solutions can be challenging, but the rewards—like increased efficiency, better decision-making, and enhanced customer experience—are transformative. Middle-market companies may lack the resources of larger players, but strategic investments in technology can bridge that gap and unlock growth potential. Read more here: https://lnkd.in/gHxUBFxM #MiddleMarket #DigitalTransformation #TechAdoption #BusinessGrowth

So many digital transformation engagements end prematurely and without producing the valuable outcomes that were initially intended because they are derailed by poor communications and lack of transparency between the business and the technical team. At 8 Penny Labs, we strive to be both transparent and communicative. Check out what our customers have to say about it! #8PL #Digital #DX #MidMarket

Harnessing Growth in 2024: Strategic Insights for Consumer Goods Companies In 2024, driving unit sales growth is all about targeted marketing, smart M&A, and expanding into emerging markets. By prioritizing consumer needs and leveraging digital platforms, companies can connect with customers on a personal level and boost sales. Strategic acquisitions and investments in high-growth areas further enhance competitiveness and profitability. Key strategies include: 🔹 Personalized digital marketing to build loyalty. 🔹 Objective-led mergers and acquisitions to diversify and grow. 🔹 Investing in emerging markets to tap into faster growth rates. 🔹 Optimizing e-commerce and convenience channels for greater accessibility. 🔹 Streamlining supply chain operations for cost efficiency. Stay ahead by putting the consumer first and embracing these innovative approaches! Here's the framework where we've stated all the levers in & beyond RGM to achieve customer excellence: https://lnkd.in/dBaxMmcc Share your thoughts and suggestions for additional strategies in the comments below! Ravi Shankar | Sunny Yurasek | Miguel Angel Ruz Alvarez | Krishnan Venkata | Kaushik Boruah | Michael Kantor | Prashant Ramanujan | Prashant Vishnupad | John O'Connor | Kevin T. Smith | Thiago Londe dos Santos Soares, MSc #GrowthStrategies #ConsumerGoods #DigitalMarketing #EmergingMarkets #SupplyChainExcellence #2024Goals #RGM #DecisionPoint

Retail execution is becoming more automated with the advancement of tools like image recognition. No longer do field representatives have to rely on manual, time-intensive processes. However, these tech implementations require investment, including tech stack integration, workforce onboarding, and technology maintenance. In this chat, Sara Clarkson, president and CEO of MarketsupportCanada, and Matthew Brogie CEO of Repsly, dive into best practices for overcoming these challenges and share how image recognition is helping to unlock next-level innovation in the CPG and retail space. Watch the interview ➡️ https://ow.ly/bl4R50SCxiK #cpgindustry #consumergoods #retailexecution #imagerecognition

"The digital landscape has lowered barriers to entry, enabling new competitors to enter markets more easily. As a result, businesses face heightened competition, making it crucial to differentiate themselves through superior CX. Companies that prioritize CX gain a competitive edge by attracting and retaining customers in a crowded marketplace". #CXinTheDigitalEra #CustomerExperience

True digital innovation isn’t simply the shifting actions onto screens, it’s the rethinking of how new thinking on technology and data capabilities can offer both a current and future pathway to better and more valuable client experiences. Digital Screening is one of the key examples of how Momentum Group Limited ‘s Digital and Technology teams are working alongside our Commercial colleagues to rethink the art of the possible on how we build and protect our client’s financial dreams…and there’s more to come!

Starting anything new can be difficult - most digital transformation efforts are like that. MidMarket companies typically don't have the skills required to be truly transformative and competitive in this marketplace. At 8 Penny Labs, we help our customers get started with their digital transformation efforts...check out what they have to say about our help! #8PL #TheHelpYouNeed #DX #MidMarket

Your competitors are going digital. Are you?" Explore the strategic roadmap that's helping mid-market firms turn digital threats into opportunities. 1. Assess your digital standing 2. Set clear transformation goals 3. Invest in the right tech 4. Prioritize employee training 5. Continuously evaluate and adapt Don't just keep up—get ahead. Embrace digital transformation to boost efficiency, enhance customer experiences, and outpace competitors. The future is digital. Are you ready to transform? #DigitalTransformation #AIinBusiness #StrategicInnovation"

Regardless of where you are in your Digital Transformation journey, speed is a requirement. Take a look at what our customers say about how we help them compete in this rapidly changing digital marketplace. #8PL #MidMarket #DigitalTransformation #CustomSoftware