ACNielsen and CROSSMARK Form Strategic Alliance.Business Editors SCHAUMBURG, Ill. and PLANO, Tex.--(BUSINESS WIRE) July 18, 2001- Industry-leading Sales & Marketing Firm Chooses ACNielsen as Provider of Information-Based Sales Solutions ACNielsen U.S., an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of ACNielsen, a VNU VNU Volontaires des Nations Unies (French) VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch) VNU Virtual Network User company, and CROSSMARK(R), a leading sales and marketing agency serving clients in the global consumer products industry, today announced the formation of an alliance under which ACNielsen will become CROSSMARK's primary provider of actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action. An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it. business and market-level information. Under the agreement, a first between ACNielsen and a major U.S. consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one broker, CROSSMARK will use ACNielsen's new Account Planner as its source of retailer-specific market information and insight. Developed expressly for sales agents, Account Planner delivers weekly data about retail sales covering all product categories at the UPC (Universal Product Code) The standard bar code printed on retail merchandise, which is administered by GS1 US, Brussels, Belgium and Lawrenceville, NJ (www.gs1.org). level. CROSSMARK will also adopt additional ACNielsen solutions, including SPACEMAN merchandising software. "This relationship aligns seamlessly with several of our strategic initiatives," said Butch Smith, CROSSMARK'S chairman and chief executive officer. "ACNielsen is the clear leader and an innovator in market information and services, and our companies share a common vision about strengthening collaboration, communication and coordination within the consumer products value chain. Our job is to identify and implement the most effective solutions within the `go-to-market' process. Timely and actionable information is essential for increasing speed-to-shelf and for delivering greater ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). on promotional activities. Working with ACNielsen gives us access to our industry's most accurate and most usable market information and insight." "We are delighted to form this alliance with CROSSMARK," said Tim Callahan, president, ACNielsen U.S. "This is an agreement that will bring the benefits of advanced market research information services See Information Systems. to a broader base of clients in the consumer packaged goods industry. Our information and CROSSMARK'S sales and marketing services will strengthen the supply line and will ultimately add greater value for retailers and consumers." A key element of the service ACNielsen will deliver to CROSSMARK is timely, store-specific information about distribution of its clients' products. "An out-of-stock condition in a key store in the middle of a promotion is a problem that must be corrected immediately," said John Thompson John Thompson is the name of: Academics
Business figuresThe agreement commences on August 1, 2001. ACNielsen, a company of VNU N.V., is the world's leading market research firm, offering measurement and analysis of marketplace dynamics, consumer attitudes and behavior, and new and traditional media in more than 100 countries. Clients include leading consumer product manufacturers and retailers, service firms, media and entertainment companies and the Internet community. CROSSMARK(R) provides sales, merchandising, marketing, consulting and outsourced management services to the business community. CROSSMARK, with headquarters in Plano, Texas Plano (IPA: /ˈpleɪnoʊ/) is a wealthy suburb of Dallas, Texas, located to the north, mainly within Collin County, but also extending into Denton County. According to the 2000 U.S. , employs over 9,000 associates in 61 offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Australia. Note to Editors: Look for this press release and other ACNielsen news on the Internet at http://acnielsen.com/news and at www.crossmark.com. |
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