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| SEPTEMBER 2003 HIGHLIGHTS... |
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Director's Note: BEST OF INTENTIONS, WORST OF RESULTS |
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Conducting a retail promotion and not coordinating
in-store execution is like planning a wedding and not
showing up: If you're not going to be there, why bother
making the arrangements?
The Aug. 26 home video launch for The Lord of the
Rings: The Two Towers had all the makings of a
big-event day. New Line Cinema's release was the most
anticipated title of the year, and any retailer with videos
in the store set -- from Blockbuster on down to CVS --
was advertising its availability.
Some, like Best Buy and Meijer, held
midnight parties to
attract the film's rabid fans. Many tied in with New Line's
promotional partners for incentives, advertising free Dr
Pepper/Seven Up products or $5 off with the purchase of
Duracell batteries. All featured the video prominently in
weekly circulars.
Expecting to find an array of unique and impressive
merchandising initiatives to match this advertising frenzy,
the Institute spent the day visiting as many stores as
possible. It was a near-fruitless search.
Aside from the occasional freestanding display, few
stores offered any special merchandising. Most simply
stocked the title on existing video racks -- right
alongside Kangaroo Jack and What a Girl
Wants.
Employees invariably were unaware of the advertised
promotions. Perhaps worst of all, most chains offering
the brand tie-ins didn't have the corresponding product
in stock.
Consumers bought 3.5 million copies of The Two
Towers
video on Aug. 26. We're fairly certain few were sold
through the outlets we visited -- except for
Wal-Mart,
which characteristically chose price over promotion, and
had near-empty pallet displays just hours after stores
opened. The other retailers we visited missed an
opportunity to capitalize on a bona fide sales event.
Brand partners, too, lost the chance to drive volume
through the promotions.
One of the In-Store Marketing Institute's main goals is to
foster better understanding of how vital in-store
execution is to the success of marketing campaigns. We
hope to do this through research and education, and
we're currently working with members to identify ways of
doing so. We encourage your input, and we welcome
your support.
Sincerely,
Peter Breen
Managing Director, Content
Members log on for more now! »
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| Research: Impact of Displays on New-Product Trial |
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A new study finds that 39% of shoppers learn about
new products through P-O-P displays. And more than
75% say they are more likely to buy a new product if
they see it on a display.
Commissioned by Institute Founding Benefactor Henschel-Steinau
Inc. and conducted by Meyers
Research
Center, the
study examines how shoppers in the oral-care aisle learn
about new products, and what factors they consider
when deciding to buy. It also finds that a "highly
informative" display can significantly increase purchase
intent. Click here for more findings.
Members: Get the full story here! »
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| NEW Training: The Nuts & Bolts of P-O-P |
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Understanding the entire P-O-P process -- from how
displays influence shoppers to the manufacturing
processes involved in creating effective displays -- can
produce better marketing and increase sales. Now more
than ever, it is imperative that product marketers have a
thorough knowledge of which materials, technologies and
processes are appropriate in the design of displays for
their specific brands, budgets and channels.
The Nuts & Bolts of P-O-P, an exclusive,
six-course program developed by Vernon Hills, IL-based
Benchmarc,
explores the basic concepts and components that go
into the design and manufacture of displays. Each
month, the Institute will release a new module focusing
on a different design material. The course begins this
month with an overview of plastics.
Members: View the first installment here! »
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| Packaging for the Warehouse Club Channel |
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Costco and Sam's Club
are single-handedly changing the rules of packaging for brand marketers.
These chains don't just want economy-sized packages and multi-pack sets,
but unique designs and functional innovation as well. And they're increasingly
asking vendors to develop secondary packaging that can double as displays
and add some marketing atmosphere to the drab warehouse environment.
Packaging expert James W. Peters examines the warehouse club channel, offering tips on how to meet retailer demands and case studies on successful programs.
Members: Learn how to package for clubs now »
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| NEW Feature: Category-Specific Insights |
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Selling technology products isn't exactly the same as
selling toothpaste. Shoppers need to learn everything
necessary to make a purchase decision within minutes,
but can be easily overwhelmed when too much
information is presented. Therefore, the messaging on
packaging and displays must be informative but not
intimidating.
In "Connecting with the Technology
Shopper,"
Perception
Research Services president Scott Young
offers the first in a series of exclusive articles offering
best practices for specific product categories and retail
channels. Also, read Young's insights into new products,
private label, interactive kiosks, and more in the
Research Library.
Members: Get category-specific know-how »
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| Kickoff Time: Join Us at the Launch Party! |
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If
you plan to be in Chicago for The P-O-P Show next week, be sure to join us
in celebrating the launch of the In-Store marketing Institute at our Institute Kickoff Party
on Wed., Sept. 24, at 4:30-6:30 pm on the rooftop of Navy Pier. You'll be
joining other marketing professionals such as yourself committed to excellence
at retail. Cold drinks, hot food and live music will help ensure a great
time. Admission is free for Institute members, $15 for non-members and tickets
are available at the door or at on-site registration. For more information,
call (847) 675-7400, ext. 127.
Get the details on the party here! »
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| In the Library... |
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Retail
Handbook
Merchandising in the home improvement channel isn't
easy: Lowe's has a manual for display guidelines that
dwarfs even Wal-Mart's spec book. The Institute lends a
hand to do-it-yourself product vendors with Retailer
Profiles of The Home Depot and Lowe's.
Plus, "Enhancing Category Price Image Without Lowering
Prices: A Manufacturer's Role," and "Leveraging the
Store as an Effective Health & Wellness Marketing
Platform," two reports from Willard Bishop Consulting.
Research
Library
"Using Context Effects to Influence Choice" finds that
consumers don't always react negatively when they
know someone is trying to influence their decisions. Read
this research paper by Rebecca Hamilton, assistant
professor at the University of Maryland.
Plus, catch up on teen shopping trends in "Gen Y and the
Future of Mall Retailing," a report from Jones Lang
LaSalle.
Case Studies
Was it Hank Jr. or George W. who recently asked, "Are
you ready for some football?" (Would you believe it was
both?) Read more than 50 articles describing how
National Football League partners activate their
sponsorships in-store - and how non-sponsors keep
themselves in the game.
Image
Vault
Halloween is just around the corner -- but it's already old
news in supermarkets, where bulk-candy bins reached
aisles long before the back-to-school signs came down.
Browse the gallery for more than 60 images of Halloween
campaigns.
Plus, view more than 100 new images from the aisles of
Acme, Giant Food, Jewel-Osco, Home Depot, and other
retailers.
Legal
Corner
In "The Category Captain and the Consolidating Food
Industry," Albert Foer of the American Antitrust Institute
examines the potential impact of category management
on a competitive marketplace.
Plus, read the U.S. Court of Appeals opinion on Conwood
Co. v, U.S. Tobacco, a landmark case that exemplifies
the dark side of category management.
Lecture
Hall
Learn everything a new merchandiser needs to know
about plastics in "The Nuts & Bolts of P-O-P," the first
installment in a six-part tutorial series presented by Benchmarc.
Check out new retailer profiles and more...
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