Category management cpca - Study guides, Class notes & Summaries

CPCA Practice Exam Questions With 100% Correct Answers Why is "channel blurring" occurring in the retail industry? -Answer-All of these are correct. Channel blurring is occurring because of many changes in the retail industry - all of the traditional channel rules are being broken! Dollar Stores have begun to appeal to high income families in the United States and Canada. Why is this happening? -Answer-Low prices on certain items are important to some upscale families. Which of the fol...

CPCA Exam Questions With Complete Solutions 100% Solved 3 Factors of in-store retail that effect SKU proliferation - answer-variety -how much space is dedicated to a section -placement of where products fall in store Baseline Sales - answersales before promotion Incremental Sales - answersales gained from promotion (ad, price discount, display) Category Management.... - answer-goes beyond food industry, applicable to all -CONSUMER centric- retailer benefits from the customers being satis...

CPCA Mini Exam Prep Questions With Complete Solutions Definition of ACV - answerAll-commodity volume or ACV represents the total annual sales volume of retailers that can be aggregated from individual store-level up to larger geographical sets. ... Often, outlets are weighted by their share of category sales or "all-commodity" sales. What does "DOS" stand for in Category Management? - answer'Inventory Days of Supply(DoS)' is an efficiency ratio that measures the average number of day...

CPCA Exam Questions With Complete Solutions 100% Solved 3 Factors of in-store retail that effect SKU proliferation - answer-variety -how much space is dedicated to a section -placement of where products fall in store Baseline Sales - answersales before promotion Incremental Sales - answersales gained from promotion (ad, price discount, display) Category Management.... - answer-goes beyond food industry, applicable to all -CONSUMER centric- retailer benefits from the customers being satis...

CMA CPCA Certificate 2024 All of the answers are correct -Answer-In which retail channel is category management practiced? The Retailer -Answer-Which trading partners have the most influence on the Category Management Process (and ultimately own the process)? False. You can do category management - just less sophisticated - with limited data and technology. -Answer-True or false. Category Management is only possible if you have a full suite of data and automated tools to work with. Data,...

CPCA Practice Test Complete Questions with 100% Correct Answers 1. Is the acronym GMROI important to the practice of category management? No 1. Is the acronym DSD in-store merchandising materials used to catch shopper's attention? No 1. Does referring to a product as incremental mean that the product is unavailable at the shelf or point of purchase? No 1. Which one of these statements best represents an attribute of a Club store? 1. a. Club stores offer a better value for consumers and...

CPCA Quizes (Questions + Answers) Solved Correctly Category Management was formally defined in the United States as the result of which joint industry project? -Answer-ECR What is the original category management process defined by the joint industry in the correct sequence? -Answer-1. Category Definition 2. Category Role 3. Category Assessment 4. Category Scorecard 5. Category Strategies 6. Category Tactics 7. Plan Implementation 8. Category Review What are some characteristics of a...

CPCA Exam Questions & Answers Graded A+ 3 Factors of in-store retail that effect SKU proliferation -Answer--variety -how much space is dedicated to a section -placement of where products fall in store Baseline Sales -Answer-sales before promotion Incremental Sales -Answer-sales gained from promotion (ad, price discount, display) Category Management.... -Answer--goes beyond food industry, applicable to all -CONSUMER centric- retailer benefits from the customers being satisfied -about ASSO...

CPCA Mini Exams combined Questions With Complete Solutions 100% Solved • A measure that reflects the average product price in retail stores when any merchandizing condition was in effect: - answerPromoted price Average non promoted price: Average promoted price: Average price per unit: - answerhighest value lowest value median • At what product level is average unit price (both regular and feature) MOST effective, why? - answerItem level, average unit price should only be used at a...

CPCA Mini Exam Prep Questions With Complete Solutions Definition of ACV - answerAll-commodity volume or ACV represents the total annual sales volume of retailers that can be aggregated from individual store-level up to larger geographical sets. ... Often, outlets are weighted by their share of category sales or "all-commodity" sales. What does "DOS" stand for in Category Management? - answer'Inventory Days of Supply(DoS)' is an efficiency ratio that measures the average number of day...