IRI Launches Next Generation Receipt Panel to Enhance Omnichannel View of Consumer Purchases

Receipt Panel is integrated with IRI’s OmniConsumer™ Suite to offer the most comprehensive view of consumer purchase behavior, with unparalleled breadth, depth and granularity

CHICAGO--(BUSINESS WIRE)--IRI^®, a fast-growing, global leader in innovative solutions and services for consumer, retail and media companies, today announced that it has launched the IRI OmniConsumer Receipt Panel, a new panel that will source receipt data from 120,000 active households where they shop.

“The IRI OmniConsumer Receipt Panel offers an unparalleled view of consumer purchase behavior, allowing clients to gain key insights into how consumers are shopping across channels,” said Jeremy Allen, president of Americas and APAC at IRI. “Today’s omnichannel environment presents a challenge for CPG companies seeking to understand consumer behavior. Our Receipt Panel closes critical gaps by allowing clients to understand omnichannel purchase behavior by outlet and fulfillment type, differences in online and brick and mortar shoppers and behaviors, outlet and channel preferences and incremental sales growth.”

The IRI OmniConsumer Receipt Panel offers significant advantages versus other receipt panels currently in the market:

• The receipt panel is integrated with IRI’s Scan panel in one technology platform, IRI Liquid Data^®. This integration enables clients to have the benefits of receipt panel breadth with the depth of the UPC-based scan panel
• IRI’s Receipt Panel offers unparalleled accuracy, leveraging IRI’s extensive reference data assets to classify more receipt transactions versus other receipt panels, and the receipt panel is calibrated to IRI’s point-of-sale data to ensure consumer insights reflect precise sales in the market
• IRI’s Receipt Panel links directly to activation through consumer surveys, purchase-based media audiences and IRI ShopperSights^™-enabled retail activation, all within the Liquid Data platform

Allen continued, “Historically, marketers have had to choose between more accurate and more actionable insights, with an omnichannel top view and at the UPC-level – our solution allows them to gain insights without compromise.”

Helpful Links:

IRI Launches Most Comprehensive Omnichannel Platform with New OmniMarket and OmniConsumer Solutions

IRI Enhances Its Omnichannel Capabilities with Industry-Leading Receipt Panel Data

About IRI

IRI unifies technology, analytics and data to reinvent how people and companies make decisions, take action and optimize performance. With the largest repository of purchase, media, social, causal and loyalty data, all integrated into an on-demand, cloud-based technology platform, IRI helps to guide its more than 5,000 clients around the world in their quests to capture market share, connect with consumers, collaborate with key constituents and deliver market-leading growth. For more information, visit www.iriworldwide.com.