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1 S. 270
Summit Ave Oakbrook Terrace,
With over 30 years of experience, Promodata Leemis Services has a proven domestic and international track record, continuously serving Fortune 500 Companies for decades. Management's commitment to quality and service has been a constant over the years. Pr
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Promodata News Release - April 2, 2008
"As consumers struggle to manage their somewhat limited resources, brand loyalty will come under increased attack" according to Rich Palesh President of Promodata.
"Alternatives of lower priced competitive products, control labels, private labels and ultimately discount shopping, if not already a realty for the cash strapped consumer are being given stronger consideration than ever before."
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Promodata News Release - February 18, 2004
According to Rich Palesh, President of Promodata, while the average allowance level is under 14% (13.8%), the declining growth rate observed in 2003 suggests very strongly that the 2004 average allowance will be flat versus 2003.He also noted that while the average allowance is growing in four of the five major product groups monitored by Promodata's PRICE-TRAK service, the level actually declined in 2003 versus 2002 in the biggest area, Dry Grocery Food (15.4% to 15.0%).
speculated that with all the attention devoted to "outside the box" thinking, some emphasis on the basic "nuts and bolts" of the pricing/promotion competitive environment could prove an opportunity for profit driven companies.