Retail
Research
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Retail of most categories of goods in New Zealand
is an intensely competitive business. Consumers
choose where to shop for a variety of reasons,
including store location, store design and layout,
price perceptions and quality notions.
These factors are rarely fixed in an ever changing
retail environment. For many retailers, retail
research is an essential tool in identifying and
monitoring key factors affecting patronage and
spend.
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NRB is able to provide a variety of retail research
services, to all sizes of enterprise, from the
largest retail chains, to a single outlet.
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Information obtained through this kind of research
can include:
- Establishing where customers
are coming from by trading area analysis and producing
a trading area map.
- Measuring brand performance,
including ability of retail brand to attract shoppers
from outside its immediate trading area.
- Ability of the brand to attract
regular shoppers rather than occasional shoppers and
extent to which shoppers actively avoid the brand.
- Profile of shoppers, including
by demographics and shopping attitude.
- Store selection and switching
behaviour, including future switching inclinations
- Nature of relative perceived
strengths of competitors.
- Retail store/chain image. Including
pricing perceptions, quality, range, variety and shopping
experience.
For further information contact Larry Hill.
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