Cpcm store level data - Study guides, Class notes & Summaries

•When choosing stores for an in-store test, should you select store that are similar to the control stores? - correct answer Yes. If the stores are not similar, the test may measure effects that are not related to the test •Looking at the store-level data, what can you say about the importance of Widget Plus to the single Mosaic store, when compared to the Mosaic cluster? - correct answer Widget Plus is less important to the single store than it is to the cluster •Which of the follow...

CMKG CPCM Exams 2024 final for actual exam D. Cannibalization - CORRECT ANSWER-A Retailer introduces a new item in Category A that causes Category B buyers to switch their purchases from Category A to Category B. What is this an example of? A. Brand extension B. Incremental contribution C. Product Line extension D. Cannibalization True (space planning) - CORRECT ANSWER-True or false? When you're completing an assortment and space planning project, it's best to import the item lev...

CMKG - CPCM Space Management Exam 2024 1. What is the balance formula in space management as it relates to inventory on shelf for the retailer? -Answer-Answer: Minimize days of supply and maximize stock availability. Retailers want to find the balance between minimizing days of supply while maximizing stock availability (to avoid out of stocks). 2. When determining product assortment and considering how it affects the shelf, what are the two MOST important factors that retailers need to co...

CPCM- Space Management Questions and Answers 2024 • When deciding which products to carry, what are the two most important factors that retailers must keep in balance? -Answer-Variety and capacity. •Which of the following is not an important question to consider when establishing a planogram? -Answer-All of the above are important questions to ask: Do I need to have a SKU in each segment of a category to optimize my volume in the category?, How many different items do I need to satisfy...

CPCM Course 2 Building Data Competency: POS Data Exam with Questions and Answers If an item has $125,000 in sales per point of distribution, a total of 65 % ACV distribution, and an ACV distribution target of 90%, the Dollar Opportunity Gap is ___________. Type in the correct answer in the space below with no decimal places. ANSWER 3,125,000 If a sku has achieved $85,000 in sales and 15,000 units and has 80 % ACV distribution, its $ Sales per Point of Distribution (SPPD) is __________. Typ...

CMKG CPCM study guide exam GradedA 2024 A. Market shares. Through a compilation of banners in the data. - CORRECT ANSWER-Which of the following analytics is NOT available in retailer POS data? A. Market shares. Through a compilation of banners in the data. B. All of these analytics are available in retailer POS data. C. Trends. Through time variations available in the data. D. Sales and profit analysis. Through total store, aisle, department, brand, and segment. E. Shopper insights. T...

CPCM- Space Management Questions and Answers 2024 • When deciding which products to carry, what are the two most important factors that retailers must keep in balance? -Answer-Variety and capacity. •Which of the following is not an important question to consider when establishing a planogram? -Answer-All of the above are important questions to ask: Do I need to have a SKU in each segment of a category to optimize my volume in the category?, How many different items do I need to satisfy...

1. Using the following retail POS data, which of the following statements is most accurate when comparing MillerCoors trends at the single store vs. store cluster? correct answer: Answer: For the latest four weeks, the single store trend is nearly equal to the cluster trend. The single store trend shows the MillerCoors is up 11.4% and the store cluster is up 11.5%. 2. Which of the following BEST explains how to analyze the results of an in-store test? correct answer: Answer: Calculate the c...

•When choosing stores for an in-store test, should you select store that are similar to the control stores? - Answer-Yes. If the stores are not similar, the test may measure effects that are not related to the test •Looking at the store-level data, what can you say about the importance of Widget Plus to the single Mosaic store, when compared to the Mosaic cluster? - Answer-Widget Plus is less important to the single store than it is to the cluster •Which of the following should you n...

1. Using the following retail POS data, which of the following statements is most accurate when comparing MillerCoors trends at the single store vs. store cluster? - Answer-Answer: For the latest four weeks, the single store trend is nearly equal to the cluster trend. The single store trend shows the MillerCoors is up 11.4% and the store cluster is up 11.5%. 2. Which of the following BEST explains how to analyze the results of an in-store test? - Answer-Answer: Calculate the change in sales b...