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STORE AUDITS
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Store audits gather quantitative data about current market behavior and/or
trends for single products or product categories in retail or wholesale venues
in any specific region.
Store audits ascertain market share figures for specific companies, brands,
or products. They also make it possible to establish the geographic reach of
certain products, as well as to determine average consumer prices, and precisely
estimate market size.
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TEST MARKETS |
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Test markets use real-life experimentation to help determine the effect that certain
market actions could have over the actual sales of a given product performing in a
specific market.
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MARKET PENETRATION |
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A study on market penetration provides information about the extent to which a
product, brand, or business controls a product category in any given geographic
area or distribution channel, therefore providing valuable information about product
saturation in the targeted market.
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DISTRIBUTION RESEARCH |
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Distribution research shows exactly which products — down to the brand, size and package level —
are being offered in which percentage of the businesses in the outlets from a specific region or
distribution channel.
This study has the flexibility to be implemented in limited areas, thus
answering specific questions without extensive or costly research deployments.
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PRICE RESEARCH |
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This tool allows for the active supervision of the effectiveness and implementation
of pricing policies.
The flexibility of this tool allows it to be used in general or specific market areas.
It also provides real time data, which is especially useful in cases when swift action is
mandatory.
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POINT OF PURCHASE ADVERTISING RESEARCH |
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This group of tools provide indicators on the distribution of POS materials,
as well as on POS saturation.
POS advertising research tools provide updated relevant information on the
current position and condition of marketing materials such as posters, audio
devices, promotional accessories, product displays, and refrigeration units.
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