Identify opportunities for product selection expansion or ... - Nielsen
Identify opportunities for product selection expansion or ... - Nielsen
Identify opportunities for product selection expansion or ... - Nielsen
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<strong>Nielsen</strong> Ass<strong>or</strong>tman <strong>f<strong>or</strong></strong> Retailers<br />
Situation<br />
Seni<strong>or</strong> Management within Acme Grocery,<br />
a large retail chain, conducted an aisle study<br />
to see which categ<strong>or</strong>ies should be trimmed<br />
and which should be expanded in the over-<br />
SKU’d freezer aisle. The ultimate goal is to<br />
reduce the number of SKUs in the freezer<br />
aisle.<br />
Solution<br />
Using the strategic bubble charts (Figure 1),<br />
Acme Grocery saw that frozen vegetables,<br />
entrees and baking <strong>product</strong>s were weak<br />
per<strong>f<strong>or</strong></strong>mers in the market. They also learned<br />
that frozen pizza per<strong>f<strong>or</strong></strong>med well overall in<br />
the market.<br />
Next, they compared their ass<strong>or</strong>tment<br />
per<strong>f<strong>or</strong></strong>mance to the market to identify where<br />
they could rebalance their ass<strong>or</strong>tment in<br />
the aisle. By using the <strong>Nielsen</strong> Ass<strong>or</strong>tman<br />
Optimizer software, they knew how many<br />
items to delist and list, and then simulated<br />
the new sales from these changes (Figures 2<br />
& 3).<br />
Finally, Acme used a quick reference guide<br />
<strong>f<strong>or</strong></strong> their Buyers to assist in their daily<br />
decisions (Figure 4). With this guide, they<br />
spent m<strong>or</strong>e time on the categ<strong>or</strong>ies providing<br />
the most value and made decisions m<strong>or</strong>e<br />
efficiently.<br />
F<strong>or</strong> m<strong>or</strong>e in<strong>f<strong>or</strong></strong>mation, contact your <strong>Nielsen</strong> representative<br />
at 800-988-4226, email ass<strong>or</strong>tment@nielsen.com <strong>or</strong> visit<br />
www.nielsen.com<br />
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names are trademarks <strong>or</strong> registered trademarks of their respective companies. 10/982