Walgreens and 15 top package-goods marketers are rolling out a system to track promotional displays throughout the chain’s 5,000-plus stores, AdAge reports.
The system, created by Goliath Solutions, uses RFID to track when, how long and where displays are placed in stores, allowing marketers to track results of promotions by store or demographic cluster. Manufacturers can also time local, regional or national advertising according to when displays are in place and send representatives to stores that haven’t put up displays.
The marketers involved are believed by industry executives to include companies such as Procter & Gamble and Kraft Foods.
“This could be perhaps one of the most important new developments in promotion materials in the last 20 years if it works,” said Ken Harris, managing director of WPP Group’s Cannondale Associates. One catch is the price - the RFID tags needed cost $6 each.
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