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Glossary of Common Terms: O-T<br />

Term<br />

Occasion<br />

One in, One out<br />

Out of stocks (OOS)<br />

Pantry Stocking<br />

POP/POS<br />

Scan Data<br />

SKU<br />

SRP/SFP<br />

Substitution<br />

Switch<br />

Traffic (Footfall)<br />

Definition<br />

The reason why a shopper is in the store – what they are shopping for . Occasion types include Gifting (eg Xmas,<br />

Mother‟s Day), Consumption (eg breakfast, lunch, dinner), Ethnic/Religious/Commemorative (eg Anzac Day),<br />

Seasonal (eg Summer, cold & flu), and Events/Sporting (eg footy finals).<br />

Because shelf space is limited and finite, when a new product is ranged an existing product needs to come out of the<br />

shelf layout.<br />

When a product is not physically available on shelf or in store, despite being ticketed at shelf.<br />

Also referred to as „pulling sales forward‟. When a promotion of an item, particularly of bulk packs, results in a<br />

shopper‟s at-home stockpile which takes a while to get through t<strong>here</strong>by reducing re-purchase frequency.<br />

Point of Purchase, Point of Sale. POP generally means store, POS generally means merchandising materials such<br />

as posters, header cards, shelf ticketing etc.<br />

Actual sales data recorded as it goes across the checkout, usually by Nielsen, Aztec, GFK. Includes what, when,<br />

how much (spend). Recorded at an individual item/category level.<br />

Stock Keeping Unit. Refers to an individual size, format and colour/flavour of something eg Sprite 600ml PET is one<br />

SKU, Sprite 1L PET is another SKU.<br />

Shelf ready packaging or Shelf friendly packaging . Packaging that includes branded trays that the product sits on for<br />

easy offloading from pallets onto the shelf.<br />

When a shopper changes their planned product purchase to another product, normally due to out of stocks or a<br />

promotion.<br />

When a shopper changes from one planned brand/product to another, often due to a promotion, persuasive point of<br />

sale or display materials, or store sales staff recommendation<br />

How many shoppers enter the store/aisle/category over a defined period of time.

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