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VideoMining provides crucial insight into how consumers actually shop with respect to specific brands or products. This information enables brand researchers, marketers and managers to answer questions such as:
Key research areas include:
- Average shopping time for a brand
- Penetration rate for a brand
- First product destination within a brand
- Number of SKUs shopped within a brand
- Conversion rate for a brand
- Brand performance by demographic group and trip type
- Decision time by brand
- Most commonly compared attributes
- Key brand switching factors
- Switching trends to and from competing brands
- Strengths and weaknesses of a brand and its competitors
- Brand loyalty and switching trends by demographic group and trip type
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