Whitepaper

Manufacturers and retailers need agility to adapt their strategies and match to changing needs.

Three Dimensions of Data for Capturing Shopping Trends

 

The COVID-19 pandemic has shown how shopping patterns can change drastically in no time at all.

 

But even without such a dramatic outside influence, shopping behaviors have been changing quite rapidly—driven by a multitude of factors related to health, lifestyles, seasonality, the economy, technology and delivery options. 

 

While sales data and survey data is used widely for tracking shopper trends, including in-store behavior data can measure the true pulse of the shopper.

 

Sales Data: illuminates critical insights on market share —who are the buyers and what did they buy.

 

Survey Data: captures consumer data on attitudes and preferences—what they want, what they like, what they think.

 

In-Store Behavior Data: how shoppers navigate the store, how they engage with different elements of the store, how they shop at the shelf and what factors impact their purchase decisions.

 

In-store behavior data, including standardized Path-2-Purchase metrics, can complement sales and survey data, providing ongoing insights

Shopper Behavior At Three Levels

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Storewide shopper tracking provides insight on how overall shopping patterns are changing for a specific retail channel, such as Grocery or C-store

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Category shopper tracking provides insights for each category to help with category management and shopper marketing

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Brand shopper tracking, the most granular level of tracking, provides insights for each brand and its related product attributes

Fact-based insights for adaptive and informed decisions. LEARN MORE