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David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift?...

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Thank You! David Newman Chief Insights Officer Jared Schrieber Cofounder and CEO
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Page 1: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Thank  You!David  Newman

Chief  Insights  Officer

Jared  SchrieberCo-­founder  and  CEO

Page 2: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Beyond  here,  there  be  monsters!

Page 3: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

FMOT  SurveyFirst  Moment  of  Truth  is  the  instant  a  person  decides  which  brand  they  intend  to  buy.  For  49%  of  grocery  purchases,  this  happens  in  the  store… at  the  shelf

• Did  the  shopper  plan  to  purchase  promoted  item  before  the  store  visit?

• Was  their  choice  made              in-­store?

• What  factors  drove  the  purchase  decision?

Page 4: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

• Did  the  promotion  attract  new  shoppers  to  my  store?

• Did  the  promotion  grow  the  total  basket?    

• Did  it  effectively  drive  unplanned  impulse  purchases?

Retailer  Promotion  Success• Did  promo  buyers  purchase  more  than  they  normally  would  have?

• How  did  my  pricing  compare  to  my  competitors  during  the  promotion  timeframe?

43%

10%

24%

14%

23%

22%

32%

6%

Aisle

Free-­Standing  Display

End  of  Aisle  Display

Other

Purchase  Decision  Location Planned Unplanned

$0.79 $1

.00 $1.12

$0.90

$0.79

$0.85

$1.15

$1.21

$0.79 $1

.00

$1.00

$1.23

Walmart Meijer Albertsons Winco  Foods

Brand  Price  Per  Unit Pre Promotion Post

Page 5: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

PromotionSuccess  for  the…✔ Brand✔ Retailer

Page 6: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Brand  Promo  Success

Did  the  brand  receive  a  lift?Which  sales  components  drove  sales  lift?

Did  the  promotion  draw  in  new  brand  buyers?

Or  did  I  just  subsidize  loyal  brand-­buyers  who  stocked  up?

Did  I  attract  shoppers  from  my  target  demographic?

2.5

4.3

3.5

Pre During Post

Penetration

10

12

11

Pre During Post

Buying  Rate  

2.6

2.8

2.5

Pre During Post

Purchase  Freq

AGE21-­34

CHILDRENNo  Children

INCOME$20k-­$40k,   $125k+

EDUCATIONAdvanced  Degree

ETHNICITYAsian,  Hispanic

HOUSEHOLD  SIZE1-­2  People

Promotion  Buyers  Skew…

Page 7: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

PromotionSuccess  for  the…✔ Brand✔ Retailer

Page 8: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Promo  Effectiveness  Measurement • Trade  spend  promotions  remain  the  2nd highest  spend  at  CPGs

• Traditional  POS  lift  measurement  does  not  account  for  shopper  dynamics

• WHAT  IT  IS • WHAT  IT  SHOULD  BE• Traditional  POS  lift  measurement  

lacks  depth• No  understanding  of  the  ‘quality’  of  the  buyers  you  attracted  or  ‘why’  behind  the  buy

• Legacy  panel  data  is  too  slow  and  thin• Slow  data  results  in  old  news,  imagine  CNN  being  updated  every  month

• Thin  data  results  in  gaps,  imagine  CNN  with  one  reporter  covering  the  country

• Only  gets  at  “what”  happened  –missing  “why”  it  happened,  imagine  CNN  never  interviewing  newsmakers

• Shopper  Dynamics• Quantify  how  many  new,  occasional  or  loyal  buyers  you  attracted

• Measure  stock-­up  activity• Better  Panel• Yesterday’s  behavior,  today’s  insights• Largest  panel,  broader  retailer  coverage,  most  granular  view  of  shopper’s  wallet

• Ask  shoppers  ‘why’  in  the  moment• Get  true  opinions  by  surveying  shoppers  at  the  moment   the  purchase  is  made

Page 9: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Identifying  Promotion  Influence

33New Occasional Frequent

Baseline

WHAT  DROVE  LIFT? NEW  BUYERS? PLANNED/UNPLANNED?  

Units  per  Trip

Price  Paid

Buy  Rate

Penetration

Planned  PurchaseImpulse  Purchase

31.5%68.5%

Page 10: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Buyer  Group  LogicRETAILER

• MANUFACTURER

Shopped  at  Retailer  Before?

No

First  TimeShopper

No

CategoryConvert

No

Category  Brand  Switcher

Yes

Purchased  the  Category  at  Retailer  Before?

Yes

Purchased  the  Brand  at  Retailer  Before?

Yes

BaselineBuyer

Purchased  theCategory  Before?

No

First  TimeBuyer

No

Incremental  Switcher

No

Intra-­Mfg Brand  Switcher

Yes

Purchased  the  Mfg'sBrands  Before?

Yes

Purchased  theBrand  Before?

Yes

BaselineBuyer

Page 11: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

35

Value  of  Demo (Inside  and  outside  Walmart)Blue  Bunny  Ice  Cream  $  per  HH  

$2.27  $4.77   $3.85   $3.06  

$0.79  $0.00  

$3.00  

$6.00  

Pre  Demo During  Demo Post  Demo Adj  Season Demo  Boost

Inside  WMT

Outside  WMT

$2.40  $3.99   $4.32  

$2.80  $1.42  

$0.00  

$3.00  

$6.00  

Pre  Demo During  Demo Post  Demo Adj  Season Demo  Boost

Revenue =  $902kCost =  $300kNet =  $602k

Revenue =  $122k

Total  CombinedNet =  $724k

Revenue = 274K HH* $2.50$685K

Revenue = 274K HH* $.79$217K

Source:  Infoscout,  85k+  Shoppers   bought   Blue  Bunny   outside   WMT

Page 12: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Loyalty  of  a  Berry  Buyer

Demo  berry  buyers  repeated   their  purchasing  throughout   the  53  demos,  demonstrating  wins  for  berries  &  produce  at  Walmart.

49.279.4

+7.5

+9.9

Berries Produce

26.1 27.8

+4.5 +5.4

Berries Produce

28.9 32.8

+5.0 +5.5

Berries Produce

2014      

2015…with  views  into  impact  across  all  retailers%  of  Berry  Purchase  Dollars

Walmart Kroger Sam's  Club Costco Publix Aldi Target Ahold Safeway Meijer Southeast Delhaize  America

HEB Wakefern

WALMART

32.8%

WALMART

38.3%

WMT  %  of  Shoppers WMT  %  of  Trips WMT  %  of  $  Sales

Page 13: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Larger  -­10x  the  number  of  panelists,  5x  the  trips,  15k  receipts  in  1  day  at  1  retailer

Richer  –New  facts  not  before  available  (e.g.  food  stamp  payment,  produce)  

Wider  –Covers  many  more  channels  (e.g.  food  service,  

convenience)

Faster  –Updated  

overnight  for  quicker  insights,  45  day  delay

Simpler  –Superior  user  interface  for  broader  usage

Deeper  –Easy  feedback  to  get  to  “Why  did  you  buy?”

InfoScout is  simply  a  significantly  better  panel  than  what  is  available  in  the  market.

Page 14: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Ahold 60% 16% 3% 1% 20%Albertsons 66% 13% 4% 3% 14%BI-LO 32% 43% 0% 2% 24%BJ’s 32% 18% 5% 14% 32%Delhaize America 44% 28% 2% 8% 18%Dollar General 23% 55% 2% 4% 15%Giant Eagle 71% 12% 3% 3% 12%HEB 65% 21% 4% 9% 2%Kroger 66% 18% 1% 0% 15%Meijer 69% 12% 1% 10% 8%Publix 72% 17% 2% 3% 6%Safeway 67% 9% 0% 7% 17%Schnucks 63% 20% 7% 2% 9%SuperValu 53% 11% 16% 3% 18%Target 33% 24% 0% 6% 37%Wakefem 73% 12% 1% 0% 13%Walmart 73% 0% 1% 5% 21%Wegmans 60% 13% 4% 4% 19%Winco Foods 55% 17% 3% 14% 10%

Walmart  is  Winning  at  Trial  and  Repeat

TRIAL RETAILER

% OF REPEATERS WON

% LOST TO WALMART

Trial  &  Repeat  Rates  View  

Across  RetailersDo  people  who  first  buy  a  new  product  at  a  given  retailer  

repeat  purchase  that  product  at  the  same  

retailer?

% LOST TO KROGER

% LOST TO TARGET

% LOST ELSEWHERE

Shopper’s  repeat  rates  at  other  retailers  marginalizes

ROI

Page 15: David)Newman Thank)You! Chief(Insights(Officer · 2020. 3. 1. · saleslift? Did(the(promotion(drawin(newbrand(buyers? Or(did(I(just(subsidize(loyalbrand :buyers(who(stocked(up? Did(I(attract(shoppers(from(my(target(demographic?

Food

Pet

Club Supercenter

Dollar

Other

Web

Food Pet ClubSupercenter Dollar Otheramazon.com chewy.com petfooddirect.competflow.com petsmart.com petco.comdrsostersmith.com

Unmatched  Shopper  AnalyticsShopper  Leakage  – Brick  &  Mortar  &  Online  to  Store  Specific

The  only  source  to  blend  various  data  sources  to  report  shopper  leakage  across  bricks  and  mortar  &  e-­commerce  that  is  store  specific.

0%

20%

40%

60%

80%

100%

Pet  Food

Share  of  Wallet

WALMART Competitors

Shopper  Leakage

Zip  CodeCategory  Sales  (yr)  

Lost  Web  Sales  (yr)  

95608 $2.9MM                $864K

98007 $7.2MM                $1.5MM

98087 $7.6MM                $260K

98226 $17.4MM            $1.6MM

99301 $6.5MM                $676k

SOW  Loss  by  Competitor Stores  Impacted  by  WEB

38%


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