At a store of chain retailers in Japan, a manager must select some new products from the list offered by the head office and, at the same time, he must determine which products should be replaced by the new products he selects. For the purpose of supporting such a decision, the authors have already proposed a new brand monitoring strategy for a certain category at a retail store and provided its mathematical model. Reviews their model emphasizing its practical aspects, and applies their model to actual data on grocery products collected from a convenience store with a discussion on the characteristics of their model.
Marketing Intelligence & Planning – Emerald Publishing
Published: Apr 1, 2000
Keywords: Stores; Grocery industry; Brands; FMCG; Japan