brandnew
What Others Are Doing: Consumer Decision Tree

Assignment:
Leading CPG companies have begun to recognize that the critical interface today is where the consumer meets the product in the store. Increasingly, they are conducting in-store research to provide shopper insights. This particular project focused on the development of a Consumer Decision Tree (CDT) that models shopper behavior and provides insight to the purchase decision process. DHC was engaged to conduct the in-store research, develop the CDT model, and help communicate the insights to the retail community. DHC conducted in-store observations and consumer interviews with product buyers at the point of sale. This methodology has the advantage of capturing consumers at the “moment of truth” within the context of the particular store format and merchandising conditions. In-store research also has the benefit of being highly credible with retailers. DHC employed our Consumer Decision Tree analytics to profile category buying behavior and generate a new model of the consumer decision process.

Result:
The research provided important insights to consumer shopping behavior and a CDT that reflected a new, consumer-driven view of the category. The learning was used to restructure the category segments and revamp product assortment and merchandising. The participating retailers were able to offer a more consumer friendly shopping experience and increase category sales. The manufacturer achieved significant business growth and received industry recognition for category leadership and innovation. Several new product gap opportunities were also identified. DHC has conducted in-store shopper research in numerous retailers and trade classes for a broad range of product categories in Grocery, Frozen Food, OTC Drug, General Merchandise and Perishables.

What_Others_Are_Doing_CDT_Graphic
 

NEW SURVEYS:

Sales Force of the Future

Learn what’s most important to manufacturers and retailers – now and in the future – and how well manufacturers are performing.


Retailer Needs of the Future

Let your vendors know what matters most and how well they deliver against your needs. Compare yourself to other retailers.

NEW RESEARCH REPORTS:

Top Talent: A Top Priority

This comprehensive study conducted by the Sales Executive Share Group (SESG), an organization of the top sales executives at major CPG companies, provides insights into recruiting and retaining Millennials for Consumer Packaged Goods Sales.


Investing in the Shopper Experience


The results of a recent RetailWire/Dechert-Hampe survey of retail industry experts and practitioners emphasize the need to deliver unique shopping experiences and superior customer service.

HOT TOPIC:


Bracket Pricing Challenges

Supply Chain efficiencies and large acquisitions create numerous bracket pricing dilemmas.  When was the last time you evaluated the relationship between your price brackets and cost structure, or the effectiveness of your customer incentives?


Maximizing Opportunities at Self Checkout

An overview of the current status and future prospects for self checkouts in the retail environment.

Read the report