Leveraging deep customer understanding to drive retail format, price and category strategy
Leverage half a billion rows of transactional data (c.4k shopper visits per store per week) and use our agile approach to move this data to sharable information, creating a business-relevant toolkit, with insights available for activation at regular, short intervals Build shopper missions using shopping basket items to identify most common in-basket association, delivering the most dominant and relevant description of shopper behaviour Assign shopper-centric roles to each category and pricing strategy to all SKUs Segment the retail estate into shopper-mission based clusters, driving an operationalisable differentiation/relevance in category roles and price positioning
The resulting capability has allowed the retailer to tie together disparate strategic threads and focus a common understanding of their consumer so that it can: Put a value and size against each mission Drill in to shopper groups according to the breadth and/or depth of the business challenge Define and target strategic shopper segments and align the business Solicit collaborative support and insight from key suppliers, feeding into execution across formats, pricing and range
Constructing an insight framework that delivers relevant actionable commercial insight
Build a churn model Profile viewers and segment by demographics Develop a dashboard for campaign reporting
Discover: what activities the client wanted to inform? How will it be used and by whom? What data is available to do this?Define: best approach based on the business problem that needs to be better informedDevelop: a roadmap which is sprint based, with each sprint shaping and informing the next
Campaign planning – improving relevance; targeting, channel and message User experience prioritisation – viewer platform needs Content differentiation and prioritisation – favourite common genres Business-wide performance measurement - the introduction of a common language used throughout the organisation
CONSULT
CO-LOCATE
Sought to understand the nature of the work and the people culture at play across the departments Created a survey to put data at the heart of the ‘system thinking’. This acted as both an intervention to encourage exploration and thinking about where successes comes from and also as a means for providing insights on untapped strengths and blind spots. Analysed the qualitative and quantitative survey data to describe and classify successes; assessing sentiment, engagement and motivations for undertaking work (the ‘what’ vs. ‘why’ of the work)
Previously unknown insights about the organisation leading to a better understanding of the opportunities to drive a unified purpose across the siloed departments An impetus for using data and measurement to underpin the successful transition of the organisation to its new purpose, goals and outcomes Support for the socialisation across the organisation of the benefits of focussing on success as part of an ongoing measurement and feedback mechanism