That is not to say that marketing strategies outside of the store are unimportant. Brand building initiatives remain a critical function to simply garner space in a consumer’s consideration set. But, marketers have discovered the power of using in-store initiatives (i.e. “shopper marketing”) to close the deal.
Shopper marketing is more than simply a promotional display. The function encompasses a multitude of marketing levers that can be manipulated in the store… from a product’s packaging (arguably the strongest billboard for a brand), to price and promotions, signage, and even arrangement on the aisle.
- Implications For Market Research -
As marketers invest more and more in shopper marketing strategies, they are also investing more in “shopper insights” to support the initiatives.
During a session at the recent ISMI Summit at Hamburger U, a panel convened to discuss the changing ways marketers now address shoppers. Peter Breen of the Institute reports that “PepsiCo's Sonja Mathews described the mission of the nascent Channel & Shopper Research Team that she leads as being an "advocate" for the needs of retailers and shoppers to the company's brands -- not the other way around.” Read more from the event here.
Historically, there was only one viable approach to test in-store initiatives… an in-store test. But, in-store tests are expensive, take months to complete, cause interruptions in the store, and are limited geographically.
Today, there is an alternative: virtual shopping platforms. Using a virtual environment, marketers can test in-store initiatives quickly and cost-efficiently. |