Question
Describe the eight-step process in category management.
Answer :
Word Count : 409
Eight Steps To Category Management are -
1. Define category
This step is perhaps the most important, as it will define your understanding of the retailer, their customers and the consumers who buy your brand.
The key question – How do customers shop the category?
- The consumer decision tree identifies the choices and the order of decisions customers make when they shop the category.
- Do they choose brand, sub-brand, quality, flavor/scent, packing, etc.?
- Do they choose complementary products during the same trip? For example, a customer shopping for your 24-oz. bottle of vanilla scented shampoo might also purchase your 24-oz. bottle of vanilla scented _______ ______ ___ __________ _______ _____.
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