Croatia
The MEMRB operation offers a vast variety of services to fast moving consumer goods (fmcg) clients from Retail Tracking to Special Modeling Tools.
Retail Audit
Panel
Comprehensive coverage of all retail trade channels
The panel covers a comprehensive list of all retail trade channels and is chosen to represent the retail universe along with specific trade characteristics. The individual sample is chosen based on scientific panel selection criteria and is maintained on an on-going basis for data continuity.
Methodology
Data collection takes place through a combined process of integrating EPOS Scanner data mainly from the upper end of the trade with the classic retail audit methodology.
EPOS scanner data is received from the outlets on a weekly/monthly basis while the classic retail audit methodology involves monthly/bi-monthly visits to a fixed and representative panel of retail outlets to collect details on inventory and purchases.
The results are extrapolated to the universe of outlets and reported by region and trade channel. The universe of outlets is based on the MEMRB conducted Retail Outlet Census covering both urban and rural areas.
The data is continuously and rigorously monitored using the most advanced techniques, a painstaking process that ensures MEMRB data is unsurpassed for quality and accuracy.
Accuracy, reliability and timeliness are the cornerstones of the MEMRB philosophy. Teams of statisticians are employed to ensure consistently high standards of market information; stringent controls monitor the collection of audit data and continuous investments are made in technology.
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Measures
A wealth of measures
The measures covered in the Retail Tracking reports are the following:
- Retail Sales in volume (i.e. litres, kilograms, pieces etc.) purchased by consumers.
- Retail Sales in value (local currency or other international currency).
- Brand Shares (volume & value).
- Retail Purchases (unit volumes purchased by the retail trade).
- Retail Handling (% of outlets handling a product/brand during the period, numeric and weighted).
- Retail Stocking (% of outlets with product/brand stocked at the end of the period, numeric and weighted).
- Size of Stock (volume of stock held by the retailers at the end of the period).
- Stock Coverage in days (volume of stock divided by average daily sales).
- Retail Out of Stock (% of outlets with product/brand out of stock at the end of the period, numeric and VW).
- Average Shelf Price.
- Average Sales per Outlet Handling (sales volume divided by the numeric handling; it shows the average sales of a certain brand within the outlets handling that brand during the audit period).
Additional measures can be implemented upon request.
SUMMARY OF BENEFITS
- Exceptional standard of client support from knowledgeable and experienced teams. Service includes analytical support, value-added presentations and informed recommendations.
- Comprehensive client training programs ensure full understanding of MEMRB; services, analyses and software.
- Wide range of custom analytical models, studies and testing services available to address specific business issues.
- Flexible service allows clients to select the information package that meets their needs.