TippleTech helps bridge the gap between core operational needs and emerging digital demands
February 2, 2024
Small to medium-sized alcohol beverage companies generally use affordable, easy-to-manage financial solutions
like Quickbooks to handle financial, inventory, and invoicing needs. They’re easy to use, have minimal data
requirements, and handle basic reporting needs.
On the plus side, having a limited number of required data fields makes adding new products quick and easy
but on the minus side, being limited to a single field to hold brand name, item name, vintage, and
pack size makes it very difficult to use this product data in any other way. Trend analysis, historical
reporting, marketing on consumer-facing websites, and inventory reconciliation are much more difficult when
your data is so condensed.
Added facets are important for sales analysis
Adding data facets to product data allows for deeper analysis by characteristics such as item type,
ingredients, and geography. This information allows for a more nuanced understanding of sales performance and
portfolio health. Important industry metrics surrounding sales performance, brand health, and pricing strategy
require these data facets. We’ll explore this in-depth in a future post.
TippleTech can add these and other data facets to product data to the desired depth of detail.
Limitations on data input prevent use outside of financial solutions
Entering a single line of data for a product and its pack configuration is simple, but in order to use this
data for e-commerce websites, marketing, and other applications, an extra step is needed to transform it
into an enriched form.
TippleTech offers customizable data transformations that turn financial and inventory product data into consumer-ready information.
TippleTech helps alcohol beverage companies unlock the power of their data. By enabling enhanced product
reporting and improving the efficiency of its digital marketing efforts, TippleTech empowers companies to stay
competitive and responsive to an ever-changing digital landscape.
Do you have a data issue you’d like to explore with TippleTech? Do you have ideas for other challenges you’d
like to read more about? Let us know!
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TippleTech is a data services and consulting company that specializes in solutions for a wide array of data challenges faced by alcohol beverage companies.