Trip Mission Growth Strategies

Oct 11, 2006 12:35 PM


         Subscribe in NewsGator Online   Subscribe in Bloglines

IDENTIFY CORE SHOPPER MISSIONS: Analyze trip mix by store and key consumer segments; benchmark vs. channel and competition to isolate growth opportunities; understand product & shopping path patterns to define optimal store layout and product placement.

EVALUATE STORE LAYOUT: Ensure a positive trip experience by aligning layout with consumer objectives. Offer solution centers at the front of the store for commonly-purchased quick trip items.

ADDRESS PRODUCT SHELF AND DISPLAY LOCATION: Place commonly purchased products within the trip mission path and adjacent to other high purchase products to maximize basket size and streamline the shopping experience. Place snacks in secondary locations within quick trip and special purpose trip paths.

REFINE ASSORTMENT: Wide assortment will be most critical in securing and retaining routine pantry stocking and fill-in trips; consumers on special purpose trips may be looking for more unusual items.

DEFINE PRICING AND PROMOTION: Consumers on quick trips are likely to be less price-sensitive, enabling higher-margin sales.

MEASURE, MONITOR AND REFINE: Track your ability to attract, retain and grow sales within core & target trip missions.


Source: IRI Shopper Insights™, 52 weeks ending 9/6/06

Subscribe / Renew to Supermarket News

Supermarket News

The most reliable source of industry news and insight...in print and online.

Most Viewed News

Read More News

Retail Analytics
Brian Ross

View All Questions

Refresh: A Whole Health Blog

Bob Vosburgh

Bob Vosburgh:

Read More Refresh

Articles by Market
Retail/Financial
Executive Changes
Grocery/Center Store/
Brands
Health & Wellness
In-Store Bakery/Deli/Meals
Logistics
Marketing
Meat/Seafood/Dairy
Nonfoods/Pharmacy/HBC
Produce/Floral
Specialty/Ethnic
Technology
Key Issues
Food Safety/Recalls
Legislation/Regulations
Sustainability/Green
Resources
Profiles & Rankings
Webinars
White Papers/Studies
Whole Health Blog

Back to Top

Subscribe to SN

Latest Cover

IRI Fast Trends

Not much remains the same in the food-distribution industry, whether it's the marketing of supermarket departments, the advent of new formats or rapidly changing consumer preferences. See what's changing now in the latest IRI Time and Trends report.

SN Daily Update

newsletter image

The food trade’s leading daily news service. Register Here

Upcoming Events

Natural Products Expo East,
Oct. 15-18, 2008,
Natural Products Expo East, Boston Convention and Exposition Center; 303.939.8440.

PMA Fresh Summit,
Oct. 24-27, 2008,
Produce Marketing Association,
Orange County Convention Center,
Orlando, Fla.; 302.738.7100.

View All Upcoming Events

Jobs/Classifieds

View All Classifieds

Premium Content

Tesco

Tesco: F&E Results ‘Encouraging’

The first reported financial results of the fledgling Fresh & Easy chain revealed heavy losses and modest but improving sales, officials of parent company Tesco here said last week.

Supermarket News Secret's Out

Sign of the Times

Let's say Wal-Mart Stores wants to sell more carbonated soft drinks.

 

Supermarket News Sharper Image

Fresh Insights

The produce industry is once again gearing up for the Produce Marketing Association's annual Fresh Summit International Convention & Exposition, which will be held this year Oct. 24-27

 

Supermarket News Show Stoppers

Hot Item

As the fastest-growing demographic group in the United States, Hispanic shoppers have had the attention of food retailers for years now.

Supermarket News 
Green Pledge

Green Pledge

Driven by the need to cut energy costs, as well as by a desire to improve the environment, many food retailers have embraced a wide assortment of “green” strategies in recent years.