Shopper Trends Case Study Analysis
Autor: Cheryl Ng • March 31, 2019 • Case Study • 371 Words (2 Pages) • 461 Views
Cheryl Ng Xin Yi
A0143961A
Case- Shopper Trends
Analysis
Sheng Siong
Store Equity: 1.1 to 1.5 from 2005 to 2006. This shows that Sheng Siong is having rapid growth in brand loyalty.
Demographic Profile: Strong in Malays (14%), Weak in Chinese (69%), Strong in Blue Collar workers (23%), weak in PMEBs (25%), Strong in Married (84%), Strong in low to middle income (17% and 57% respectively)
Loyalty Pyramid: High percentage of aware and trial, but going up the funnel it decreases
Perception on lowest price: High
Shop n Save
Store Equity: 1.0 to 0.9 from 2005 to 2006. Shows a decreasing trend and it is not optimistic.
Demographic Profile: Strong in Chinese (69%), Weak in Malays (14%), Strong in Married (84%), Strong in middle income (57%)
Loyalty: Very high percentage of awareness and trial, but decreases drastically going up the funnel
Perception on lowest price: Fairly low, but top 4
FairPrice
Store Equity: 5.3 to 5.2 from 2005 to 2006. Shows that brand loyalty is very strong and that FairPrice is the dominant player in this market.
Demographic Profile: Not particularly strong or weak in any segments
Loyalty Pyramid: Shows a very encouraging trend with 59% of respondents as recommenders, and 100% of respondents as aware
Perception on lowest price: Dominant and high
Recommendations
Sheng Siong
Capitalize on lowest price branding
The lowest price seems to be what consumers are actively looking for, so with such a positioning Sheng Siong can strive to emphasize it.
Room for more brand awareness
Not everyone knows about Sheng Siong yet, they can increase spend on promotional activities
...