Drivepoint

In this piece, we break down how cross-functional planning empowers more informed, reliable financial decisions. Want to learn more? Matt breaks it down here:

Slumber Cloud saved 30% on financial management costs while they scaled 🚀 Learn exactly how they did it:

Ready to drive DTC growth leveraging strategic finance? Check out the link:

Consolidating and analyzing financial data is hard work. Here's how VKTRY Gear makes it easy with Drivepoint 👇

The latest financial benchmarks, insights, and updates were released last week! We dropped our #140 Drivepoint DTC Benchmark Index, bringing you key data from top brands and operators across the industry. We recently hosted an incredible boat cruise event in NYC, bringing together top brands, investors, and partners. It was a fantastic experience that fostered great connections, and we're already gearing up for more events in Chicago, LA, and Austin! 📍 📊 Key Insight: Last week, we saw a drop in median EBITDA multiples, now sitting at 9.4x, down from 9.9x. Factors like Hurricane Helene and the U.S. dockworker strike are making waves across the market, but we remain optimistic for a strong Q4 ahead. 📺 On-Demand Webinars: Need quick insights into pricing, fundraising, or breaking into retail channels? Catch our latest replays with Oats Overnight, Graza, Deep Ocean, and more! There’s always something actionable to take away. 📰 We've included our top reads regarding HanesBrands' sale of Champion and e.l.f. Beauty’s 2024 Impact Report. Both provide valuable lessons for brands navigating today’s landscape. Check out the full DTC report https://lnkd.in/ey96Uud2 and stay ahead of releases every week 💡 #Brands #DTC #CPG #StrategicFinance #EBITDA #Drivepoint #News

Had an absolutely incredible time hosting our * first * activity based event, setting sail on a sunset cruise on the Hudson River last week! A few things stuck with us from the experience: 🤯 The strength of the Drivepoint network + consumer brand audience is massive! We got together 50 people, representing some amazing brands like H.E.R. Accessories, Authentic Brands Group, David, Ancient Crunch Inc., Waku Group, Futurewise, Kulfi, Bear's Fruit , QNSY™ Sparkling Cocktails, Ceremonia, FilterBaby, Casper, TUSHY: For People Who Poop, and ETOILE. 📣 Our customers believe in what we do (and it's a strong sign of our value when they become real advocates). Shoutout to the folks from Branch, Wise Bar, VKTRY Gear, and biom who joined us for the cruise. 🤝 Collaboration is everything in our industry, whether that's for webinars, integrations, or in-person networking. We're thrilled to have partnered with so many great companies for this event that are equally invested in the success of their customers. Shoutout to Intelligems, Clearco, Tapcart, and SecureCPG. We can't wait to work with you again! 🏆 Investors are a core part of the team. Special thanks to our investment friends Deep Ocean Partners, SuperAngel.Fund, Broadway Venture Partners, Habitat Partners, Amberstone, Humble Growth, and Vanterra Capital. We've got so much more coming up. What venues or formats should we try next? 🤔 #StrategicFinance #FinancialPlanning #Networking #BusinessGrowth #Drivepoint

Our consumer executive boat cruise last night was a hit 🔥 Thank you so much to everyone who came and made this event so fun 😎 Not so crazy takeaway: host corporate events that you would want to go to and then other people will want to go too! So naturally, we chose a boat 🛥️ Drivepoint hosted 50 people on the Hudson River for sunset cocktails and dinner 🍹 We got together some great brands including the likes of Authentic Brands Group, FilterBaby, Ancient Crunch Inc., Casper, Kulfi, David, Ceremonia, Futurewise, QNSY™ Sparkling Cocktails , Bear's Fruit , Waku Group, H.E.R. Accessories, ETOILE and TUSHY: For People Who Poop As well as some customers Gregory Hayes from Branch, Josh Dominick from Wise Bar, Steve Wasik and Ted Stone from VKTRY Gear and Will Gahagan from biom We also had awesome investors including Amberstone, Habitat Partners, SuperAngel.Fund, Vanterra Capital, Broadway Venture Partners, Humble Growth and Deep Ocean Partners Finally, we collaborated with great partners! Big thanks to Tapcart, Intelligems, Clearco and SecureCPG - we loved throwing this fun event with you all and look forward to more very soon 🚀

🚢📉 Important news from the U.S. East Coast & Gulf Coast: Dockworkers are moving toward a strike after a deal deadline has passed. This could have massive implications for omnichannel brands relying on smooth supply chain operations. Here’s a quick rundown. The situation: ↳ The contract deadline for dockworkers (ILA) passed without a deal. ↳ A strike could disrupt supply chains, affecting inventory and sales. ↳ Brands might face delays, higher shipping costs, and stock shortages. So, how can strategic finance be a game-changer here? 🔍 Enhanced Forecasting: Brands equipped with robust financial forecasting could anticipate such disruptions. By analyzing historical data and industry trends, they can create multiple scenarios and prepare contingency plans. 💰 Cash Flow Management: Strategic finance ensures you have a healthy cash or stock reserve. In the event of a strike, this buffer can cover unexpected costs like expedited shipping or alternate suppliers. 📊 Scenario Planning: Imagine if brands had pre-planned financial scenarios for supply chain disruptions. They could quickly pivot, reallocating resources to mitigate impacts on revenue and customer satisfaction. 🔔 It’s not too late for your brand to start leveraging strategic finance. Meet with our Drivepoint team today to get a clear picture of your numbers and strengthen your financial strategy for any disruptions ahead. Is your brand prepared for such disruptions? Discover how Drivepoint can help you build a resilient financial strategy. Visit Drivepoint.io to learn more. #StrategicFinance #SupplyChain #Omnichannel #Drivepoint #FinancialPlanning #ScenarioPlanning

It's not just about growth — it's about capitalizing on the finance functions that help you scale smart 🔥 Here's how your brand can get there:

📊 Just read an insightful piece on Adweek about how Kraft Heinz turned around a slump in their A.1. steak sauce red meat sales, driving a 1% increase in overall sales. This story is a great testament to strategic financial planning and adapting to market shifts. 🔍 Key Takeaways: 📈 Data-Driven Decisions: Kraft Heinz leveraged data analytics to identify a decline in A.1. red meat sales. Instead of reacting hastily, they strategically shifted their focus to other growing categories, such as its use with vegetables. This pivot was instrumental in offsetting losses and maintaining overall sales momentum. 💡 Innovative Marketing: They didn't just rely on traditional methods. The company invested in creative marketing strategies, including leveraging social media and influencer partnerships to reach a broader audience. This helped in staying relevant and engaging with consumers in real-time. 🔄 Diversification: By diversifying their product portfolio, Kraft Heinz ensured they weren't overly dependent on a single category. This not only mitigated risks but also opened up new revenue streams, contributing to the 1% sales growth. Strategic Finance in Action Imagine if Kraft Heinz had a platform like Drivepoint to guide their strategic financial decisions. Here's how it could have played out: 🔮 Forecasting: Using Drivepoint, Kraft Heinz could have forecasted the declining trend in red meat sales earlier. Predictive analytics would enable them to pivot more swiftly to other profitable segments. 📊 Scenario Planning: With the scenario planning tools we offer, they could have modeled different strategies to counteract declining sales. Whether it's ramping up marketing efforts or introducing new products, Drivepoint would have provided a clear picture for each scenario. 📉 Risk Management: Strategic finance isn't just about growth; it's about protecting what you have. Drivepoint could have helped Kraft Heinz assess risks associated with market shifts and develop contingency plans, ensuring financial stability even in turbulent times. 🚀 Optimized Performance: Financial metrics and KPIs tracked in real-time would allow Kraft Heinz to optimize their operations continually. From reducing costs to maximizing ROI on marketing spends, every decision would be data-informed. In a rapidly changing market, strategic finance is your secret weapon. It’s not just about reacting to the present but planning for the future. Drivepoint empowers brands to make smarter financial decisions, ensuring sustained growth and operational efficiency. Ready to transform your brand's financial strategy? Visit Drivepoint.io and discover how a true strategic finance platform can elevate your business. 🌟 #StrategicFinance #BusinessGrowth #FinancialPlanning #Drivepoint