Brand Spur Issue 5 | Page 46

6 MAIN POINTS IN RETAIL AUDIT REPORT • Retail purchases • Stock share • Retail purchase share • Forward/reserve stock • Stock to sales ratio • Stock turnover ratio • Stock cover day PURCHASE Key Objectives 1. Improve Category Understanding: Measure Market Size & share by: • Volume/ Value sales & share • Volume/ Value share of trade Where are the opportunities for VOLUME/ STOCK VALUE category growth? 2.Track Retail Performance: RETAIL AUDIT What is my market share and trends? 3. Manage Distribution: PRICE DISTRIBUTION • Numeric/ Weighted distribution • Numeric/ Weighted out of stock CONSUMER SUPPORT Where are the opportunities? distribution gaps and Are out-of-stocks issue? • Price per pack 4. Analyze Promotion Efficiency and • Average price per unit Effectiveness: Which product promotions have • Standard Report must have 3 part:s  Overview about trend of category  Review brand performance  Conclusion & recommendation an Average Sale Per Point of Distribution most impact on the the company/ brand growth? 5. Evaluate New Launches: How much has the overall market share grown as a result of the new launch? What is the post-launch distribution build up in successful cases?