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Building your plan - 3.1 Innovation – Help Guide

Written by Stephen Wood

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How to build Innovation in Growzz

Step 1: Create the Component

  1. Add a new Planned Assortment Change

  1. Select:

  • Type → Innovation

  1. Enter:

  • Name (clear and recognizable, typically combining brand/product and innovation reference)

  • Short description (concise but specific detail on the launch, including timing, product scope, and intent)

  1. Save the component

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Step 2: Launch the Calculator

Open the calculator for the Innovation component

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Step 3: Define Timing

Set when the product will launch:

  • Select the start week (the first week the product is available in-store)

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Step 4: Select SKUs

Choose the SKU(s) being launched:

  • Typically select the new SKU directly, as it should already exist in the system

If the SKU is not visible:

  • Contact Growzz support to have the SKU set up and made available before proceeding

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Step 5: Add Merchandising Support (if applicable)

Select any launch support:

  • Displays, features, or in-store visibility

Growzz will:

  • Apply retailer-defined rates

  • Calculate total merchandising cost

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Step 6: Complete the Innovation Calculator Inputs

Coverage

  • Enter volume-weighted distribution (%) (the % of your total sales base where the product will be listed)

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Volume Build

Define how the product scales over time using three linked inputs:

  • Start week – when the product begins selling

  • Target weekly run rate – expected weekly sales once fully established

  • Weeks to maturity – how long it takes to reach that run rate

Growzz will automatically model a ramp from launch to steady-state volume across the selected time period based on these inputs.

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Retail Price (RSP)

  • Uses the price already set for the SKU (price paid by the shopper)

  • No change typically required

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Cost to Retailer (COGS)

  • Uses the existing cost set for the SKU (price the retailer pays the supplier)

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Optional: Link a Replaced SKU (D-List)

If the Innovation replaces an existing product:

  • Select the SKU being de-listed

This allows you to:

  • Reflect the shift from old to new product

  • Better understand the net impact within your range

If no SKU is being replaced:

  • Leave this blank

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Optional: Model Cannibalization Within Your Range (Best Practice)

If the Innovation is expected to reduce sales of existing SKUs:

  • Add an additional calculator

  • Select the impacted SKU(s)

  • Enter a negative volume uplift (reduction vs unpromoted base)

In practice:

  • Often one additional calculator is sufficient

  • Only model this where it materially impacts your plan

Important:

  • This is optional

  • Focus on your own brand and product range only

  • Do not attempt to model wider category effects

This helps provide a more realistic view of true incremental volume.

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Step 7: Add Commentary

Use comments to explain:

  • Strategic intent (e.g. innovation, category growth)

  • Expected performance and ramp-up assumptions

  • Whether the product is incremental or replacing existing SKUs

  • Any risks or dependencies (e.g. supply, distribution)

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Step 8: Review Impact

Performance View

Analyze impact by:

  • SKU

  • Brand / subcategory / department

Key metrics:

  • Volume

  • Sales

  • Margin

  • NSV (Net Sales Value – revenue to the supplier from the retailer)

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Investment View

Review:

  • Merchandising costs (if applied)

  • Total investment

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Step 9: Finalize

Close the calculator to:

  • Save the evaluated Innovation

  • Add it to your plan

  • Include it in reporting

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Key Principle

Innovation in Growzz is a volume ramp model, where success depends on accurately estimating how quickly a new product scales and understanding its net impact across your product range.

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