winning with shoppers to touch their heart and mind - philips
TRANSCRIPT
Twitter Hashtag #QUAL360
November 20-21, 2013 | Singapore
Platinum Sponsor
Association Partners
Media Sponsors
Winning with Shoppers to touch their heart
and mind
Farrukh Shad Senior Director,
Head of Consumer Sales- Retail & Online Philips Lighting, Growth Markets (Asean Pacific, Japan, India, MET, RCA ,Africa)
21st November, 2013.
Confidential
You can connect with me on…..
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We will focus on….
Shopper Insights and behavior
Retail proposition
Retail Design
In-store Marketing
How it all comes together
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1. Generate Shopper Insights
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2. Develop Shopper Marketing Strategy
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3. Develop shopper strategy by Channel
Channel/Retailer name Name of channel as shopper call it
Channel key
characteristic
What make it distinct vs. other channel
(example baby specialist – focus on complete baby solution, usually small size, located in mall etc..)
Shopper Type Who shops here (demographic + psychographic, example – Sally, 26-30 year old, above average
income, first time mom, who wants the best for her baby
Shopping Need Choose new, replacement, giving
Trip Mission Choose inspiration, information, deal
Key Insight Why they shop this product/category here? Example Baby specialist – I want the best for my baby,
only a specialist knows what best that is why I choose this channel)
Channel Growth Driver
Product What product the shopper want to buy here?
Price What is the price point the shopper want to buy – deal, premium, convenience
Merchandising How we should display the product/category? Where it should be located in the shelf? Open product
or product boxes?
Promotion What promotion objective and promotion type works in this channel
Secondary Placement Is secondary placement critical for the success of the category. If yes, where do we place it?
In-store Service What in-store services shopper expect (promoter, demonstrator, merchandiser, rack jobber)?
what they should focus on?
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4. All In-store marketing to be integrated with Shopper
strategy
Local Shopper Activation Plan
(LSAP)
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Local Shopper Activation Plan
Goal for the Year i. Sales
ii. Market Share
iii. NPS
iv. IGM
Marketing Strategies (LMAP)
(Consumer: Who, What, Why, How)
i. Profile:
• Gender,
• Age,
• Socioeconomic Class,
• Demographic,
• Etc.
ii. Top Needs
iii. Category Drivers
iv. Brand Drivers
v. Cat Trial / Consumption Barriers
vi. Philips Trial / Consumption Barriers
Channel / Retailer Strategy
(Shopper: Where, Who, What, Why)
In-store Activation Strategies & Plans
How to Win with Shoppers (4 Ps’)
How to Win (By Channel / Retailer)
Target Consumer Segment
Communication Strategy
Top 3-5 Channel/Retailers (Where to Play) i. Channel / Retailer A (Size of Potential/Category)
ii. Channel / Retailer B (Size of Potential/Category)
iii. Channel / Retailer C (Size of Potential/Category)
KPIs (By Channel / Retailers) i. Market Share / Share Growth Target
i. Penetration (Non Cat Users) or
ii. Competitive Switch (Brand X User), or both...?
Brand Strategy How to Win (By Channel / Retailer)
Channel A (ie. Department Stores): Shopper TG 1: (Size of Potential)
i. Profile (Demographics)
ii. Key Drivers / Needs for Cat.
iii. Purchase Decision Tree
iv. Cat Purchase Barriers
v. Philips Purchase Barriers
Shopper TG 2: (Size of Potential)
i. Profile (Demographics)
ii. Key Drivers / Needs for Cat.
iii. Purchase Decision Tree
iv. Cat Purchase Barriers
v. Philips Purchase Barriers
Channel B (ie. Electronic Chain Stores): Shopper TG 1: (Size of Potential)
i. Profile (Demographics)
ii. Key Drivers / Needs for Cat.
iii. Purchase Decision Tree
iv. Cat Purchase Barriers
v. Philips Purchase Barriers
Channel A (ie. Department Store)
i. Product Assortment Strategy
• Hero Segment / SKUs
ii. Presentation Strategy
• Primary Location
• Secondary Location
• Feature / Benefits
• Philips Service
iii. Promotion Plan
iv. Product Claim / Shopper Concept
Channel B (ie. Electronic Chain Stores)
i. Product Assortment Strategy
• Hero Segment / SKUs
ii. Presentation Strategy
• Primary Location
• Secondary Location
• Feature / Benefits
• Philips Service
iii. Promotion Plan
iv. Product Claim / Shopper Concept
Master Shopper Activation Plan , derived from Consumer Marketing plan
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Shopper Activation Plan
Goal for the Year i. Sales
ii. Market Share
iii. NPS
iv. IGM
Marketing Strategies
(Consumer: Who, What, Why, How)
i. Profile:
• Gender,
• Age,
• Socioeconomic Class,
• Demographic,
• Etc.
ii. Top Needs
iii. Category Drivers
iv. Brand Drivers
v. Cat Trial / Consumption Barriers
vi. Philips Trial / Consumption Barriers
Channel / Retailer Strategy
(Shopper: Where & Why)
Target Consumer Segment
Communication Strategy
Summary of Top 3-5 Channel/Retailers (Where to Play) i. Channel / Retailer A (Size of Potential/Category)
ii. Channel / Retailer B (Size of Potential/Category)
iii. Channel / Retailer C (Size of Potential/Category)
i. Penetration (Non Cat Users) or
ii. Competitive Switch (Brand X User), or both...?
Brand Strategy Channel 1 (ie. Hardware Stores)
i. Why is it a priority:
• Category Size (2010 vs. 2011 Target)
• Growth Rate (2010 vs. 2011 Target)
• Philips Market Share (2010 vs. 2011 Target)
• Philips Sales (2010 vs. 2011 Taget)
Channel 2 (ie. )
i. Why is it a priority:
• Category Size (2010 vs. 2011 Target)
• Growth Rate (2010 vs. 2011 Target)
• Philips Market Share (2010 vs. 2011 Target)
• Philips Sales (2010 vs. 2011 Taget)
Channel 3 (ie. Hypermarkets Stores)
i. Why is it a priority:
• Category Size (2010 vs. 2011 Target)
• Growth Rate (2010 vs. 2011 Target)
• Philips Market Share (2010 vs. 2011 Target)
• Philips Sales (2010 vs. 2011 Taget)
(Deep dive )Shopper Plan per Category
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Shopper Activation Plan
Hardware Stores
(Shopper: Where, Who, What, Why)
In-store Activation Strategies & Plans
How to Win with Shoppers (4 Ps’)
Shopper TG 1 / Primary: (Size of Potential)
i. Profile (Demographics)
ii. Key Drivers / Needs for Cat.
iii. Purchase Decision Tree
iv. Cat Purchase Barriers
v. Philips Purchase Barriers
Shopper TG 2 / Secondary (Size of Potential)
i. Profile (Demographics)
ii. Key Drivers / Needs for Cat.
iii. Purchase Decision Tree
iv. Cat Purchase Barriers
v. Philips Purchase Barriers
Shopper TG 3 / Opportunistic (Size of Potential)
i. Profile (Demographics)
ii. Key Drivers / Needs for Cat.
iii. Purchase Decision Tree
iv. Cat Purchase Barriers
v. Philips Purchase Barriers
Quarter 3
i. Product Assortment Strategy
• Hero Segment / SKUs
ii. Presentation Strategy
• Primary Location
• Secondary Location
• Feature / Benefits
• Philips Service
iii. Promotion Plan
iv. Product Claim / Shopper Concept
India Hair Care
• Category Size (2010 vs. 2011 Target)
• Growth Rate (2010 vs. 2011 Target)
• Philips Market Share (2010 vs. 2011 Target)
• Philips Sales (2010 vs. 2011 Target)
Target Shoppers Segment
Quarter 4
i. Product Assortment Strategy
• Hero Segment / SKUs
ii. Presentation Strategy
• Primary Location
• Secondary Location
• Feature / Benefits
• Philips Service
iii. Promotion Plan
iv. Product Claim / Shopper Concept
Deep dive Shopper Plan per channel
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This approach has helped us deliver great results in
our journey, and it can also help you too !
Confidential
Platinum Sponsor
Association Partners
Media Sponsors
Twitter Hashtag #QUAL360
November 20-21, 2013 | Singapore