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PURDUE LAUNCHES MODELING TOOL FOR AG RETAILERS TO USE, INCREASE THEIR SALES


Source: Purdue University

The center's research team, in partnership with The Nature Conservancy, has developed a business modeling tool to assist agricultural retailers in better understanding the prospective impact of conservation products and services on their business.

Using a technique that forecasts financial profitability over a decade, businesses can visualize the potential shifts in their product portfolio that may arise from offering conservation-related practices to farmers. Whether you're considering integrating new products or services or seeking to optimize your existing offerings, our tool provides the foresight you need to make informed decisions.

In the case example below, the adoption of conservation practices will increase overall revenue and product sales but will decrease crop nutrient sales.

We realize the results will be different for every agricultural retailer, which is why we collect and analyze data tailored to your operation. We survey a select group of employees and leverage financial information to ensure the insights provided are tailored precisely to your business.

Ultimately, our goal is to empower agricultural retailers to navigate the complexities of conservation practice adoption. To learn more about our conservation profitability tool or to get started, click the link below.

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