Abstract:
This paper describes how standard Retail Audit data can be enhanced "Management Information". The dynamism seen in the F.M.C.G's in the Middle East markets over the past two years with the explosive launch of new brands has focused the emphasis of this paper onto measuring the relative progress of the launch of new brands and ultimately at an early stage predicting their final success in the market. The ideas expressed in this paper have by no means been fully validated and are given as a hypothesis for further testing. They are produced in response to the request of many internal decision makers who, anxious about the launch of their brands, are looking for ways of monitoring the validity of their marketing strategy without relying on wishful and unrealistic climbs in share. This paper proposes that for new brand launches one needs to monitor and focus on four Retail Audit variables. These are classified as "Total marketing response variables" as they are seen to reflect a measure of how both consumers and retailers react to the various marketing activities occurring at any point in time. One of the four key variables that the paper introduces is the concept of the "Stock Pressure Index." The paper concludes by summarising the conceptual model for using Retail Audit data to predict the success of a new brand.
Research Papers
What is wrong with the audit data we use for decision-making in marketing
Catalogue: ESOMAR Congress 1980: Taking Stock
Authors: Peter S.H. Leeflang, A. J. Olivier
 
September 1, 1980
Research Papers
Retail market measurement
Catalogue: ESOMAR Handbook Of Market And Opinion Research
Authors: James Brooks, Tim S. Bowles
 
September 1, 1998
