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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Competency & Analysis | 25% | - Shopper Data & Geo-demographic Analysis - POS Data Analytics - Panel Data & Advanced Analytics |
| Topic 2: Business & Supply Chain Knowledge | 15% | - Retailer Economics & Profitability - Supply Chain Principles |
| Topic 3: Professional Standards & Communication | 10% | - Fact-Based Storytelling & Presentation - Ethics & Legal Implications |
| Topic 4: Tactical Planning & Execution | 25% | - Space Management & Store Clustering - Promotional Strategy & Evaluation - Efficient Assortment Development - Pricing Strategy & Analysis |
| Topic 5: Category Assessment & Strategy | 25% | - Root Cause Analysis & Insight Generation - Category Definition, Segmentation & Role - Category Health Measurement |
Question 1
What are the primary data sources for shopper insights?
A. Retailer Loyalty
B. Retailer Loyalty Data, Syndicated Panel Data, Syndicated POS Data and Retailer Loyalty Data
C. Retailer Loyalty Data, Syndicated Panel Data and Syndicated POS Data
D. Retailer Loyalty Data and Syndicated Panel Data
Question 2
Define Share of Wallet (SOW) for a retailer.
A. The proportion of a customer's total spending within a specific product category that goes to a particular retailer, as opposed to competitors, over a given timeframe.
B. The proportion of a customer's total spending within a specific product category that is spent in the marketplace.
C. The proportion of shoppers who enter a store and proceed to make a purchase in a specific category over a given timeframe.
D. The proportion of shoppers who enter a store and proceed to make a purchase in a specific category in a single trip.
Question 3
What is the primary risk of poor shelf placement?
A. Improved Sell-Through Rates
B. Increased Inventory Turns
C. Decreased Shopper Conversion
D. Overstated Promo ROI
Question 4
Which of the following is NOT an example of an assortment strategy?
A. Broad Assortment Strategy
B. Market Coverage Strategy
C. High Low Strategy
D. First to Market Strategy
Question 5
What is the primary purpose of a promotional strategy?
A. To create a long-term business plan for overall company growth.
B. To determine the pricing strategy for all products in the store.
C. To drive product awareness, increase sales, and influence shopper behavior through targeted promotions.
D. To manage supply chain operations and inventory levels.
Solutions:
| Question 1 Answer: C | Question 2 Answer: A | Question 3 Answer: C | Question 4 Answer: C | Question 5 Answer: C |
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