Herb Sorensen is a preeminent authority on observing and measuring shopping behavior and attitudes within the four walls of the store. He has worked with Fortune 100 retailers and consumer packaged-goods manufacturers for more than 35 years, studying shopper behavior, motivations, and perceptions at the point of purchase. Sorensen’s patented shopper-tracking technology PathTracker® is helping to revolutionize retail marketing strategies from a traditional “product-centric” perspective to a new “shopper-centric” focus. As Baseline magazine commented, “Herb Sorensen and Paco Underhill are the yin and yang of observational research.”
Herb has conducted studies in North America, Europe, Asia, Australia, and South America. His research has been published in AMA’s Marketing Research, The Journal of Advertising Research, FMI Advantage Magazine, Progressive Grocer, and Chain Drug Review, and he has been utilized as an expert source for The Wall Street Journal, Supermarket News, and BusinessWeek. Additionally, he is currently a panelist of Retail Wire’s “Brain Trust.”
Herb was named one of the top 50 innovators of 2004 by Fast Company Magazine, and shared the American Marketing Association’s 2007 EXPLOR Award for technological applications that advance research, with Peter Fader and his group at the Wharton School of Business of the University of Pennsylvania. Herb has a Ph.D. in Biochemistry.
Author's Notes and Acknowledgments | p. xv |
About the Author | p. xxi |
Preface | p. 1 |
Introduction Twenty Million Opportunities to Buy | p. 5 |
Twenty Million Seconds: Shopper Time Is Mostly Wasted | p. 8 |
Time Is Money: Shopper Seconds per Dollar | p. 10 |
Leaving Money in the Aisles: The $80 Million Question | p. 11 |
Planning Our Trip | p. 13 |
Shopping Serengeti | p. 20 |
Endnotes | p. 22 |
Active Retailing | p. 23 |
The Quick Trip: Eighty Percent of Shopper Time Is Wasted | p. 25 |
Three Shoppers: Quick Trip, Fill-In, and Stock-Up | p. 26 |
Rise of the Small Store | p. 29 |
Perils of Promotion | p. 30 |
The Big Head and Long Tail | p. 31 |
Heads You Win | p. 34 |
The Communal Pantry | p. 36 |
Layered Merchandising | p. 38 |
The Right Paths for the Right Shoppers | p. 39 |
Purchase Models and Selection Paradigm | p. 41 |
Spending Faster | p. 41 |
Conclusion: Dual Chaos | p. 43 |
Endnotes | p. 45 |
Three Moments of Truth and Three Currencies | p. 47 |
Moments of Truth | p. 48 |
Seeing the Truth: Eyes Are Windows to the Shopper | p. 50 |
Reach: Impressions and Exposures | p. 53 |
Stopping Power (and Holding Power) | p. 59 |
Closing Power | p. 60 |
Three Currencies of Shopping: Money, Time, and Angst | p. 62 |
A Complex Optimization | p. 66 |
Endnotes | p. 67 |
In-Store Migration Patterns: Where Shoppers Go and What They Do | p. 69 |
If You Stock It, They Will Come | p. 70 |
Understanding Shopper Behavior | p. 73 |
First Impressions: The Entrance | p. 75 |
Shopper Direction: Elephant Herds | p. 76 |
The Checkout Magnet | p. 79 |
Products Hardly Ever Dictate Shopper Traffic-Open Space Does | p. 79 |
Managing the Two Stores | p. 88 |
Five Store Designs | p. 90 |
Where the Rubber Meets the Linoleum | p. 94 |
Endnotes | p. 95 |
Active Retailing: Putting Products into the Path of Shoppers | p. 97 |
Active Retailing | p. 99 |
Put the Right Products in the Path of Customers | p. 100 |
Double ConversionTM: Converting Visitors to Shoppers to Buyers | p. 100 |
Packaging Must Play the Starring Role | p. 102 |
Holding Power-How Long Is Long Enough? | p. 105 |
Stopping and Closing Power: VitalQuadrantTM Analysis | p. 106 |
Playing the Niche | p. 109 |
Good Is the Enemy of the Great | p. 111 |
Endnotes | p. 111 |
Brands, Retailers, and Shoppers: Why the Long Tail Is Wagging the Dog | p. 113 |
Where the Money Is in Retail | p. 114 |
Massive Amounts of Data | p. 115 |
Shifting Relationships | p. 117 |
A Refreshing Change: Working Together to Sweeten Sales | p. 118 |
Beyond Category Management | p. 120 |
A New Era of Active Retailing: Total Store Management | p. 121 |
Pitching a Category's Emotional Tone More Precisely | p. 126 |
Retailers Control Reach | p. 127 |
The Urgent Need for Retailing Evolution | p. 128 |
Endnotes | p. 130 |
Going Deeper into the Shopper's Mind | p. 131 |
The Quick-Trip Paradox: An Interview with Unilever's Mike Twitty | p. 133 |
Endnotes | p. 145 |
Integrating Online and Offline Retailing: An Interview with Professors Peter Fader (The Wharton School) and Wendy Moe (University of Maryland) | p. 147 |
Endnotes | p. 159 |
Multicultural Retailing: An Interview with Emil Morales, Executive Vice President of TNS Multicultural | p. 161 |
Endnotes | p. 177 |
Insights into Action: A Retailer Responds: An Interview with Mark Heckman of Marsh Supermarkets | p. 179 |
Conclusions | p. 189 |
The Internet Goes Shopping | p. 191 |
Entering the VideoCart Age | p. 192 |
Cell Phone Invasion | p. 193 |
Implications for Retailers and Brand Owners | p. 194 |
The Power of Model Makers | p. 195 |
The Model Business | p. 196 |
A Fivefold Increase | p. 196 |
Endnotes | p. 197 |
Game-Changing Retail: A Manifesto | p. 199 |
Appendix | p. 205 |
Appendix: Views on the World of Shoppers, Retailers, and Brands | p. 207 |
Excerpts from "Views from the Hills of Kentucky" by | p. 207 |
Index | p. 213 |
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