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In-store insights enhance the decision-making process
Retail Measurement Services conducts in-store observation studies across a number of channels and markets, providing manufacturers and retailers with visually verified information about categories, brands, items, retail execution and the competition. Nielsen’s fully trained and certified personnel perform on-site observations using the most advanced collection techniques available to assess factors impacting sales and promotion performance, including the following:
- Distribution
- Existence of displays
- Display position and prominence
- Inventory levels
- Out-of-stock occurrences
- Shelf facings
- Product adjacency to competitors
- Linear measurement
- Lowest retail price
This 'extra' insight allows for more in-depth marketing tracking analysis and the analysis of sales rates by specific in-store conditions.
Provides insight into:
- Are my product displays set up at the recommended time and location?
- How many facings are allocated to my brand, by trade channel?
- How does my competitive activity impact my product's performance?
- Are inventory levels adequate at the onset of my product's peak seasonal period?
Especially useful for:
- Marketing managers can utilise Nielsen's Retail Measurement Services to determine the root cause of promotion-driven sales variances by confirming compliance to promotion execution.
- Sales personnel can prepare for account reviews and negotiate improved facings based on actual dollar velocities per unit stocked.
- Sales managers can verify broker compliance to ensure accurate pay for performance.
Key business benefits:
- Provide insight into store activities not found in standard research reports, through the use of custom observations.
- Enhance decision-making ability with another dimension to Retail Measures Services tracking data that enables managers to match in-store observed causal to actual sales for a more comprehensive understanding of the factors influencing sales trends.
- Gain visual confirmation of trade promotions to verify proper execution.
- Investigate suspected condition problems at the store level to develop practical corrective plans.
- Ensure successful new product launches by tracking promotion compliance.
- Assist retailers with assortment decisions by supplying information that relates market share to shelf space allocation.
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