Blog 4 Tables

  • June 2020
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Customer Criteria Matrix Segmentation by Frequency of Use Chronic Ailment Speed of Service Advice from Pharmacist Convenient Location Broad Assortment (non Rx) Store Appearance Total

Note the emphasis on convenience

Occasional User 40 10 10 40 20 30 30 0 0 20 100 100

Segmentation by Age of Consumer Senior

MidLife 15 30 20 5 30 100

20 15 25 20 20 100

Note importance of advice

(NB For illustration only. Two alternative segmentation schemes provide different insights as to who s

mentation by of Consumer TwentySomething

Comments: 30 note how speed of service trends 10 note how advice trends 10 location less critical for younger set 30 assortment more critical for younger set 20 everyone wants a nice shopping environment 100

insights as to who shops where)

Table 1: Raw Data Segment: Chronic Users

Speed of Service Advice from Pharmacist Convenient Hours Broad Assortment (non Rx) Store Appearance Total

Table 2: Weighted Average Segment: Chronic Users

Chronic Relative Importance 35 10 25 25 5 100 Avg Score

----------Our Score 7 8 6 6 7 6.8

Chronic ----------Our Score

Speed of Service Advice from Pharmacist Convenient hours Broad Assortment (non Rx) Store Appearance Total

Relative Importance 35 10 25 25 5 100 TOTAL

7 8 7 6 7

----------Imp x score 245 80 175 150 35 685

Table 3: Weighted Average after changes (we improved assortment to 7; public increases importanc Segment: Chronic Users Chronic --------------------Relative Our Imp x Importance Score score Speed of Service 35 7 245 Advice from Pharmacist 10 8 80 Convenient Hours 20 7 140 Broad Assortment (non Rx) 25 7 175 Store Appearance 10 7 70 Total 100 TOTAL 710

The Quality Diagnostic Matrix Provides Advice

Use It or Lose It

Higher Higher Your YourRelative Relative Performance Performance

Lower Lower

Use It or Lose It Store Appearance

Do We Really Care? Low Low Importance Importancetotothe theCustomer Customer

RATINGS Competitor A 5 6 8 6 9

------------Competitor B 3 6 6 9 9

6.8

6.6

RATINGS Competitor A

----------Imp x score 5 6 8 7 9

TOTAL

------------Competitor Imp x B score 175 3 105 60 6 60 200 6 150 175 9 225 45 9 45 655 TOTAL 585

o 7; public increases importance attached to appearance by 5 points and decreases importance of location by 5 RATINGS Competitor A

----------Imp x score 5 6 8 7 9

TOTAL

------------Competitor Imp x B score 175 3 105 60 6 60 160 6 120 175 9 225 90 9 90 660 TOTAL 600

Speed of service

Watch Your

Watch Your Back Convenient Hours

Up or Out High High

ce totothe nce theCustomer Customer

1

importance of location by 5)

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