Competitive Insight Solutions
Competition in today's marketplace is intense. To remain a
step ahead of your rivals you must understand their operational strengths
and weaknesses and how you compare. Shop'n Chek's
Competitive Insight Solutions deliver objective information across
a set of consistent measures that you define—information you
can't get from internal assessments or loosely structured competitive
analysis programs. Using our shopper network to anonymously
evaluate your operational performance and that of your rivals, Shop'n
Chek can help you understand your competitive position, improve your
operations and gain market share.
Benefits of Competitive Insight Solutions
With Shop'n Chek's Competitive Insight Solutions, you
can compare and gain insight into:
- Staff performance against defined service standards such as customer
greeting, helpfulness locating products, proficiency with transaction,
etc.
- Appearance, friendliness and politeness of staff.
- Qualification of the customer's needs.
- Staff's level of product knowledge and product presentation
skills.
- Up-selling of additional items and/or accessories.
- Pricing on same or similar products.
- Availability of key products.
- Cleanliness and general appearance of store interior and exterior.
- Proficiency and politeness processing returns and/or exchanges.
This information allows you to:
- Identify key drivers of sales and market share by correlating
shifts in these areas to fluctuations in your operational metrics
versus your competition.
- Develop operational procedures and training programs targeting
areas where you have a competitive disadvantage.
- Optimize your customer experience by bringing proven processes
to your own operations.
- Create promotional programs which speak to your strengths relative
to the competition.
- Develop effective pricing strategies.
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