CSGA – Ipsos Reid Example Category Report
Transcription
CSGA – Ipsos Reid Example Category Report
CSGA – Ipsos Reid Example Category Report © 2014 Ipsos. All rights reserved. Contains Ipsos' Confidential and Proprietary information and may not be disclosed or reproduced without the prior written consent of Ipsos. Contents Category Trending Report Introduction: page 3 Report accuracy: page 4 Highlights: page 6 Category profile: pages 8 - 17 • Market size & participation: p.8 • Seasonality & segment trends: p. 9 • Retail trends: p.10 - 13 • Brand trends: p.14 - 16 • Demographics: p.17 Appendix - information source: page 19 Ipsos contact details: page 20 2 Introduction This report was prepared by Ipsos Reid, Canada’s largest market research firm, on behalf of the Canadian Sporting Goods Association. -------------------Unless otherwise stated, all information contained in this report is confidential and proprietary to Ipsos and may not be disclosed or reproduced without the prior written consent of Ipsos. -------------------Except where otherwise noted, all information in this report is based on survey data from a representative sample of consumers, all of whom are members of the Ipsos panel in Canada. Ipsos adheres to industry best practices in designing and conducting its research surveys. As with all survey based data, the information in this report is subject to normal statistical variation and should be regarded as best estimates. Caution should be used especially when interpreting data for small share brands, retailers or market segments. © 2014 Ipsos. All rights reserved. 3 Report Accuracy The survey for this report was administered to a sample of consumers drawn at random from the Ipsos online panel in Canada. Weighting was employed to balance demographics to ensure that the sample's composition reflects that of the Canadian household population according to Statistics Canada census data and to provide results intended to approximate the entire population. -------------------Sample size and report accuracy vary by category. For instance, for a sample size of 1,500 the results can be considered accurate within ±2.5 percentage points, 19 times out of 20, of what they would have been had the entire population been surveyed at random. A sample of 1,000 would be accurate within ±3.1 percentage points, 19 times out of 20. While for a sample of 500, the margin of error would be ±4.4 percentage points. The margin of error will be larger when the data is broken out within market segments. © 2014 Ipsos. All rights reserved. 4 Highlights Trending Report 5 Highlights Market size & growth • Category X was worth approximately $XXXM in the latest 12 months, up X% compared with year ago. Retail snapshot • Retailer 1 is losing ground as retailer 2 closes in on category leadership. Knowledgeable staff and brand selection are important to many category X shoppers when choosing where to buy. Brand snapshot • While Brand 1 leads overall and in segment A, brand 2 is rapidly closing the gap and dominates in segment B. 6 Category Profile Trending Report 7 Category X is worth $315M, up 5%; 1-in-6 Canadians participate in the sport Market Size $315 $300 Participation 17 +5% Category X Year Ago Latest 12 Months Market size & growth should be treated as directional data and are an extrapolation using the latest available quarterly retail sales data from Statistics Canada (known as QRCS). Category X 8 June to August are peak months; segment A outperformed the market Category X Key Segments - Consumer $ Shares Category X - Seasonality 20 15 10 5 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec % units – annual average Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec % Units 4 3 3 6 10 14 18 15 10 5 3 9 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 45 40 30 25 25 35 Year Ago Segment A Latest 12 Months Segment B Segment C 9 Sports Specialty accounts for over half of dollars, under pressure from Mass Category X – Key Channels - Consumer $ Shares 60 50 40 30 20 10 0 Year Ago Latest 12 Months Sports Specialty 54 52 •Sports Specialty includes retailers such as SportChek, Golf Town, Hockey Experts etc. as well as independents & pro shops. Mass Merch includes general merchandise and dollar stores such as Canadian Tire, Walmart & Target. Dept Stores include the Bay/HBC and Sears. Mass Merch 28 31 Dept Stores Other 7 6 11 11 10 Retailer 1 continues to lead, but retailer 2 has narrowed the gap Category X – Top 5 Retailers - Consumer $ Shares 18 16 14 12 10 8 6 4 2 0 Retailer 1 Year Ago 16 Latest 12 Months 17 •Shows consumer dollar market share estimates, based on self reported purchases by members of the Ipsos panel in Canada. •Sample size: XXXX. Top 3 banners = 40% Retailer 2 13 16 Retailer 3 8 7 Retailer 4 5 6 Retailer 5 6 4 11 Retailer 1 is under-developed in segment B, where retailer 2 leads Consumer $ Shares Within Key Market Segments Top Retailers – Latest 12 Months 20 19 17 18 19 15 16 13 Retailer 1 Retailer 2 Total Category X Segment A Segment B Segment C 12 Inadequate brand and product assortment are key customer turnoffs Category X Reasons for choosing/rejecting retailer Top reasons for choosing retailer •Best value for money •Lowest prices •Competitive prices •Convenient location •Knowledgeable staff Top reasons for rejecting retailer •Product out of stock •Price too high •Did not sell brand wanted •Poor product selection •Inconvenient location 13 Brand 2 is closing in on the lead, as brand 1 loses traction Category X – Top 5 Brands - Consumer $ Shares 30 Top 3 brands = 50% 25 20 15 10 5 0 Brand 1 Year Ago 24 Latest 12 Months 21 •Shows consumer dollar market share estimates, based on self reported purchases by members of the Ipsos panel in Canada. •Sample size: XXXX. Brand 2 17 19 Brand 3 8 10 Brand 4 6 7 Brand 5 5 4 14 Brand 1 dominates segment A, but lags in segment B behind brand 2 Consumer $ Shares Within Key Market Segments Top Brands – Latest 12 Months 21 24 22 21 19 15 16 18 Brand 1 Brand 2 Total Category X Segment A •Shows consumer dollar market share estimates, based on self reported purchases by members of the Ipsos panel in Canada. Segment B Segment C 15 Reputation, price and recommendation are key brand choice drivers Category X Top reasons for choosing brand •Well known brand •Competitive price •Someone recommended •Lowest price •Had features I wanted 16 Demographics: Category X (top brands & retailers) Total Category X Retailer 1 Retailer 2 Retailer 3 Brand 1 Brand 2 Brand 3 Purchaser Age <24 25-34 35-44 45-54 55-64 65+ Average age of purchaser Purchaser Gender Male Female Joint decision Household Income Average annual household income •Based on self reported purchases by members of the Ipsos panel in Canada. 17 Appendix Information Source 18 Information Source Service Description: Ipsos Household Equipment Canada (HEC) Survey outline Methodology Sample source/size • The data in this report is sourced from the Ipsos Household Equipment Canada survey, known as HEC for short. Ipsos is Canada’s largest market research firm. • The survey records actual purchase data from a sample of consumers. Reporting typically includes several years history for trending purposes. • HEC covers the entire retail spectrum, including all types of chain, independent and specialty stores as well as online & direct. • Only new items bought in Canada at retail are tracked in the survey. • Online data collection. The HEC sample is representative of the general household population nationally, regionally and demographically using multiple controls based on census data from Statistics Canada. • The HEC survey goes to field and reports are updated every quarter. • Sample source is the Ipsos Canada proprietary online panel. • HEC captures approximately 50,000 completed surveys encompassing over 250,000 purchase transactions per rolling 12 months in total. For additional information, contact: • Adrian Murphy o Vice President o Ipsos Reid o 416.324.2291 o csga@ipsos.com 20