What is the optimal assortment of products to drive revenue and profit for a category?
What is the impact of product introductions, deletions and interactions on the overall category?
What are the most important factors that drive a consumer’s purchase decision?
With retail shelf space at a premium, companies must make critical decisions almost daily about which products to drop, keep or add. Often these decisions about which products will succeed are based on rudimentary analytics or “gut” feelings.
Retailers and manufacturers are struggling to answer a few key business questions:
What is the optimal assortment of products to drive revenue and profit for a category?
What is the impact of product introductions, deletions and interactions on the overall category?
What are the most important factors that drive a consumer’s purchase decision?
The MMA Approach MMA’s AssortView Service helps companies optimize their assortment plans while answering key business questions about the consumer decision process.
There are two components of the AssortView service:
Consumer decision analysis
What-if simulation/optimization of the assortment
The MMA Results MMA’s AssortView solution provides retailers and manufacturers with the optimal product assortment for true incremental growth and profit.
AssortView by MMA allows companies to understand the…
performance of the current assortment
impact of key attributes on the consumer decision process
impact of products on category volume (incremental vs. cannibalization)
impact of competitive interactions
Impact product additions and deletions on the category
Optimal assortment plan
What’s unique about this solution?
Quick, comprehensive and cost effective
Flexible and data agnostic
Uses panel, scanner or survey data
Supports strategic (identifying white spaces) and tactical decision making (add, drop, keep product)