Cours N5 Flashcards

1
Q

Define the category what does it mean ?

A

A category is a group of distinct products, services consumers consider as complementary or substituable to satisfy their needs
—> subjective

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2
Q

Category set represented as

A

A category tree

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3
Q

Tools to define them

A
  • qualitative researches : to understand the shopping motivations —> goal based categories
  • standard trees (ex: ECR, ACNielsen)
  • quantitative researches on consumers panels
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4
Q

2 ways to define the categories

A

Product based

Customer based

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5
Q

3 types of roles

A
  • strategic
  • economic
  • consumer
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6
Q

Strategic role : ECR

A

Destination
Routine
Seasonal
Convenience

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7
Q

Destination

A
  • used to build image of qualitative differentiation compared to competition
  • strong playful émotive impact on the consumer
    —> investments in assortment, space and merchandising
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8
Q

Routine

A
  • used to build image of good value for money
  • have been put through a process of trivialization so saving is a critical element of choice
    —> investments in term of price, promotion and lowest price references
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9
Q

Retail mix for destination

A

Range :
Full range / largest choice

Price :
Coverage of all the price tiers

Shelf space : over exposed

Promotion: high level of activity / strong adaptation to the store

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10
Q

Retail mix routine

A

Range :
Focus on the essentials in terms of brands and SKU’s

Price :
Competitive alignement

Shelf space :
Front line with good traffic
Optimisation of shelf space

Promotion:
Average level of activity

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11
Q

Assigning a role to the category

A
Economic role :
Profit niches 
Stars 
Problematic 
Trafic builders
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12
Q

Axes economic roles

A

Abscisse : rotations

Ordonnées : margin

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13
Q

Consumer roles axes

A

Abscisses : pénétration

Ordonnées : frequency of buying

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14
Q

Consumer roles categories

A

Niches
Primary
Marginal
Necessary or Edonic

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15
Q

Analytic moment : assessment

A
  • internal performance

- external performance

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16
Q

What to analyze

A
  • assortment : number and type of SKU
  • price : price tiers
  • promotion : promo intensity and type of promo
  • space : quantity of space for segments and items
17
Q

Operative moments

A

Objectives

Strategies

Tactics

18
Q

Objectives can be

A
  • trafic = greater penetration
  • enthusiasms : increase the shoppers involvement
  • transaction : increase the average purchase
  • cash flow : increase volumes or the sales of higher priced items
  • margin
19
Q

Challenge of implementation

A

Internal

External

20
Q

Internal

A

Different store formats
Convince the store mana / entrepreneurs
Adaption to localism
Reward systems

21
Q

External

A

Contract re-négociation

Logistics