Found an interesting article on AI, Skin Advisor software and how it is increasing demand for Olay products.
Key things I noticed.
While P&G doesn’t break out Olay results in its earnings, it recently cited demand for Olay products as a reason for exceeding expected sales.
https://venturebeat.com/2018/07/19/how-olay-used-ai-to-double-its-conversion-rate/
Net sales rose 4.3 percent to $16.28 billion, helped by demand for skincare products Olay and SK-II, as well as fabric and home care products such as Febreze. Analysts had expected sales of $16.21 billion.
https://www.reuters.com/article/us-...etailers-costs-eat-into-margins-idUSKBN1HQ1GX
Hopefully we see the benefits of this going into the future.
As always this is not investment advice, DYOR
- Forums
- ASX - By Stock
- WFL
- Is demand for Olay increasing?
Is demand for Olay increasing?
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable