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What is ProduTrak?

ProduTrak (formerly Stipra) is a revolutionary system which allows companies to know their consumers better by comparing production x sales x consumption data. This allows for more sales and an increase in brand equity

Maximize the chances of a product launch

More than 30 thousand new consumer products are launched per year and 80% of them fail. This is because their manufacturers do not know the entire lifecycle of their products: only from production until sales. But it is the post-sales data the one which holds the key of consumption! And this is what ProduTrak offers.

Obtain post-sales data

Track products you want to know more about by creating campaigns, so whenever they are disposed you'll know when, who, where and how

Compare data

Compare this newly obtain post-sales data with your regular sales data to find out how long it takes for a consumer to consume your product, what was its reaction to it, how did he used it, etc. And use that data to enhance your product and thus its sales

Real-time monitoring, export data, and much more

ProduTrak provides you with a complete dashboard showing in real time how many of your or a competitors products are found at the various disposal sites we track. You can see in real time when people dispose of your products, along with age and gender of the consumer

Monitor

See in real time your products when they are disposed, along with date and gender of the consumer

Export data

Export ProduTrak's post-sales data and compare it with your sales data to find untapped sales spots, reduce stock and churn, etc

How It Works

By comparing disposal data with sales data your company will know your customers much better. Our simple 4 step process makes it easy

1 - Register your products

Register your products you want us to track. They will be fed into our AI system so they can be located at disposal sites

2 - Create tracking campaigns

Create campaigns with the geographical area you want those products located when disposed

3 - Monitor Campaign

Monitor in real time your products as they are located and see it in a map along with time+date, geographical location, age, and gender of that consumer

4 - Export and visualize data

Export this post-sales data and compare it to your production and sales data to reduce consumer churn, find untapped sales locations, reduce stock, etc. Finally, create compelling visualizations, and much more

Frequently Asked Questions

Quick and spot on

ProduTrak is a system to track consumer products from production all the way to consumption. It captures data at disposal sites, thus providing the "missing link" in a product's lifecycle, and thus allowing for better consumer understanding

Preventing consumer churn and increasing sales
However, many more can be mentioned, such as:
1 - Obtaining real consumption data: Sales data is not consumption data: ProduTrak is the only service which can provide you with real consumption data you can compare with your sales data
2 - Better stock practices: Knowing how long takes for a products to be fully consumed and thus being able to calculate further batch sizes, thus preserving capital
3 - Real time advertising spend: Knowing in real time how many products are being disposed allows for a reassignment of advertising spend in regions which are underperforming

60% of FMCG brands’ digital marketing spend is wasted – resulting in annual losses of close to $50bn for the industry: 27bn saw a negative return and ROI on the remaining $8bn wasn’t even measured. Also, more than 80% of all the 30,000 new consumer products launched per year fail.

And why? Simply because they lack post sales data. Instead, they depend on sales data to calculate the next batch. But this is the worst type of data for a new product!

For, the fact a product was sold to a wholesaler or even to a direct consumer channel such as a supermarket does not mean it would be sold again, as it could be that the end consumers did not like the product and will not repeat the purchase. Thus, the next batch, depending solely on the number of products sold initially, ends up being too large.

Thus creating an unnecesary expense in a batch which will not be fully sold, unsold stock which will not be sold as sometimes it has an expiration date, return and storage costs, etc

ProduTrak is a product of TeknTrash, a provider of IT solutions to the recycling industries

Contact us
Send an email to info@tekntrash.com, use the form below, or the webchat and we will be delighted to answer all your questions